FX Markets - 28 Mar 2016
Articles in this issue
Algo experts caution against too prescriptive regulation
Such laws can do more harm than good, they say, and prevention of market impact is too high a standard
Regulation will change markets, but slower than expected
But market participants say they are in the early stages of a transformation that could accelerate in the coming years
CME readies for Bloomberg Index futures launch
CME Bloomberg Dollar Spot Index futures will track a basket of 10 developed and emerging market currencies
Stephane Alex's job at risk at BofAML
Alex has worked at the US bank for 15 years, with a strong focus on FX sales for France, Belgium and Luxembourg
Currency wars set to reignite – Gain
Gain Capital-owned strategist expects to see FX wars return
Stimpson wins compensation, but less than the maximum
Judge rules in favour of Perry Stimpson in unfair dismissal case against Citi
Edgewater Markets raises $30m for expansion drive
As part of the deal, the firm's board will gain two new participants from FTV Capital
Curex chief: anonymity is key to best execution
Curex and FX Connect sign agreement to provide clients with an alternative liquidity pool
IHS set to merge with Markit
IHS Markit will be headquartered in London; the transaction has an implied value of $13 billion
Hoodless echoes claims that Citi knew of wrongdoing
Ex-trader repeats previous statements that senior managers encouraged information sharing
Murray quits Deutsche for BNY Mellon
Piers Murray joins in a senior listed clearing role
JP Morgan tops Coalition investment banking survey
US bank also triumphs in fixed-income, currencies and commodities markets
SFO spells end to criminal FX-fixing cases, Hausfeld says
Little prospect of further European investigations as fraud office drops enquiry and new UK class action regime limits possibilities