FX Markets - 6 Mar 2017
Articles in this issue
Stakes too high for non-adherence, Puth says
"We expect most market participants will get behind the Code at the time of launch," says the MPG chairman
Lawyers to search files of 35 Deutsche Bank staff
Includes traders and others who were not part of the production of information given to regulators
Ficc revenues break downward trend in 2016
All US banks saw revenues grow, but results for European banks were mixed
Renminbi's share of global payments slides
China's currency holds sixth place globally, but its overall share continues to shrink, Swift says
Tullett Prebon Information signs partnership with Murex
The market data vending arm of TPI will distribute data sets to clients of Murex, which will use them to validate its models
CloudMargin joins SmartDX for variation margin solution
Market participants gain a product that will help speed up their repapering agreements
Imperial FX secures investment
A £50 million injection from a European company will enable the money transfer firm to launch its online platform
Simon Jones joins 360T
He will lead the trading platform's product growth efforts and sit on the global executive board
TradingScreen makes two hires to boost e-FX sales
Thomas Mullooly is to be based in New York while Norliza Kamardin works in Singapore
OTC Exchange appoints Rasmussen to CTO role
Drew Rasmussen will oversee all technological design and development
Rivelli joins HSBC
He will run the bank's FX options correlation book
Singh to lead Sucden's push into prime
Softs broker Sucden looks to build out its institutional credit intermediation service
Tradition and LMRKTS deliver initial margin optimisation
The two firms conducted a live run, resulting in the processing of 132 sides of trades within eight minutes, nine seconds
BMO expects modest dollar strength
FX strategist downbeat about tax-reform plan and expects a drag on the dollar