FX Markets - 23 Jan 2017
Articles in this issue
Banks seek to standardise cross-currency settlement dates
Talks under way to exchange principal amounts on IMM dates to allow for greater netting
Bonuses set to disappoint as headwinds persist
Those who still get bonuses can expect non-cash payments with clawbacks
SG appoints Tom Gillie as global head of FX options and spot G10 trading
He joins from Bank of America Merrill Lynch, where he was global head of FX trading and head of equity trading for Emea
Parity in EUR/USD in sight, says BNP Paribas
FX strategist Sam Lynton-Brown holds a EUR/USD view of 1.00 by the year end
JP Morgan signs with BestX to offer third-party TCA
The bank's clients will be able to access BestX post-trade transaction cost analysis in real time at no extra cost
FX central tape to launch end of Q2, but without banks
Participants to move ahead without banks amid rising demand from end-users for transparency and cost analysis
Mash, Spillman and Calloud join TJM's FX sales team
Mash and Spillman have worked together in FX sales at other firms for more than a decade
Credit Suisse FX trading team: Yip out, Wang in
Both FX options traders are based in Singapore
Compression start-up LMRKTS secures investment
Founded in 2012, the fintech firm recently reached the trillion-dollar mark of gross notional reduction
Non-banks to get dark pool for inventory exchange
Competition could heat up for banks, but may cue tighter prices
ADS Securities' head of institutional sales for Mena exits
Hormoz Amirfaryar has left the Abu Dhabi-based broker after more than five years
Mizuho opts for Thomson Reuters' FX Trading platform
The Japanese bank is the latest financial institution in Asia to adopt the venue
BlackRock settles whistleblowing charges with SEC
The firm used a special clause in its separation agreements whereby staff waived their right to whistleblowing awards
Ficc revenues rise for US banks in 2016
However, fourth-quarter earnings fall for most
BestX signs JP Morgan and HSBC as TCA clients
FX analytics firm partners two major dealers for third-party transaction cost analysis