FX Markets - 22 May 2017
Articles in this issue
QE unwind to take three to four years – Chicago Fed's Evans
Normalisation of Fed's balance sheet needs to be done in a way easily digested by markets, Evans told ACI Financial Markets Congress
CLS to replace core settlement system
Overhaul will leverage conventional technology rather than the blockchain solution underpinning the new CLSNet service
Noble launches its first FX product
Noble FX provides real-time settlement and aims to solve the credit gap through peer-to-peer connectivity
LMAX Exchange reports record profits for 2016
FX platform posts EBITDA of £5.6 million, representing annual rise of £4.2 million
Broadway Technology secures $42m for expansion
Long Ridge Equity Partners says Broadway well positioned to take advantage of rapidly evolving capital markets landscape
Nex launches new JPY benchmark and teams up with FFAJ
Nex Data and Nex Markets provide margin ratios for 170 currency pairs, following new regulatory requirements in Japan
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
Tolat loses CTO role at EBS, becomes senior adviser
After four years in the role and three years as global head of products
Ager joins Rosenthal Collins as institutional FX president
He was previously a senior director of New York FX sales and trading at RJ O’Brien
Celer Tech hires Rob Wing as head of Americas and Emea sales
Wing exits TradAir, where he was head of sales for three years
Kristen Macleod exits Goldman Sachs
It is understood that she has joined Barclays
Citizens Bank hires two in FX sales
Rose Noritake joins from JP Morgan, Bryan Morales from Deutsche Bank
Goodman joins Millennium Global
Charles Goodman joins the currency management specialist as head of business development to expand its Emea clientele
Atak to lead Citi's innovation lab in Dublin
Gulru Atak headed treasury and trade solutions at Citi Turkey
Nex Optimisation appoints Colin Murphy as CCO
Murphy joins from Goldman Sachs, where he worked for more than 18 years
CLS appoints nine new directors to its board
The appointments raise the number of members on the board of directors to 23
Bafin toughens rules on CFDs
New directive for August 10 requires implementation of negative balance protection for CFD products in Germany
Euro set to shine as dollar wobbles – LCG
Evaporation of pressing political risks in wake of French election opens the way for the euro to head towards $1.15