FX Markets - 23 May 2016
Articles in this issue
FX volumes inch higher in April
Over-the-counter volumes were up on the whole, but FX trading on-exchange was generally down
Global Code of Conduct creators take questions on May 26
BIS FXWG leaders will discuss the implications in New York
FXSpotStream's Schwarz eyes FSS model roll-out away from FX
No concrete plans yet, but rates and credit 'would make most sense', Schwarz says
Icap announces post-merger name
Once the interdealer broker sells its global broking business to Tullett Prebon, the new company will be called Nex Group
Fed refrains from intervening in Q1, but valuations push reserves up
Despite the Fed not intervening, US FX reserves rose on the back a weakening US dollar
Hotspot set to charge for connectivity from July 1
London matching engine half the price of New York as venue seeks to build European presence
Sydney-based Smoker lands top job at Saxo
Ben Smoker joins from Gain Capital, while Kit Kritikos, formerly of JP Morgan, heads institutional business for Australia
TradAir and Elysium partner to launch front to back FX solution
Post-trade services provider Elysium and e-FX front-office specialist TradAir enter into alliance
Equinix to double capacity in Europe
The increase follows its acquisition of data-centre company TelecityGroup
April CLS volumes point to higher BIS figures
Bumper month will be basis for BIS triennial survey; ticket sizes likely grew as instruction number fell but value rose
UBS hires John from Barclays
FX options trader leaves the UK bank for a similar role at UBS
Navalakha joins ANZ as head of FX options trading
Mayank Navalakha exits Barclays, where he worked for 10 years
FX employment tribunal cases mount up
Citi and JP Morgan face disputes unconnected with the benchmark scandal
ADS sees $1.3 trillion credit gap as it launches prime-of-prime
ADS Securities says it is ready to step up to fill the gap left by FX prime brokers with a true PoP service
Dollar will struggle as Fed hike hopes evaporate – BNPP
But recent Fed minutes indicate a level of confidence that a June rise has not been ruled out yet. It all depends on the data
Cochrane leaves ITG
FX TCA head exits the firm after four years
European bank Ficc earnings up quarter-on-quarter
But yearly revenues are down across the board