FX Markets - 11 April 2016
Articles in this issue
Wong joins Gain GTX sales with North Asia focus
Ivan Wong moves from EBS, where he held a similar role
FlexTrade boosts APAC presence with three hires
Wong, Khan and Enstedt join the multi-asset OMS and EMS provider
Thomson Reuters buys full control of WM/R
The firm now owns State Street Corp subsidiary The World Markets Company and with it the FX benchmark
CME confirms Houston as new global head of FX
The former Deutsche Bank head of FXPB and OTC clearing for Emea will report to Sean Tully in his new role
Eagle and Holmes launch agency broker Aquila Markets
Firm will focus on providing high-quality coverage and execution services for FX
Brexit will threaten London's FX dominance – survey
Poll of foreign exchange professionals shows 80% believe the UK will vote to stay in the EU
Saxo Payments offers corporate access to real-time FX trading
Banking Circle Real-time FX promises to eliminate the need to turn to banks for foreign exchange trading or payments
Lawyers take FX fight to StanChart subsidiary
After a US judge says she lacks jurisdiction over the parent firm named in the class-action suit, lawyers reload for new target
Retail FX hots up in Australia as traders' risk appetite grows
Volatility in 2015 boosts retail activity, but traders prove fickle with platforms
BGC appoints McMurray as CFO
He replaces Graham Sadler, who is retiring
Sell-side shift creates opening for OMS vendors
With the buy side moving in a multi-asset direction, sell-side firms are tailoring their desks to meet new demand. Broker-dealers now want their order-management systems to do more
Top central banker defends Indonesia’s hedging requirement
Bank Indonesia’s senior deputy says the country’s $168bn foreign debt burden is safer than it looks
Dollar may weaken as Fed stays less hawkish
The softness of the US currency may only be near term, as ongoing policy divergence could lead to some gains later
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
R5FX goes live in Singapore
Trading begins on the platform, following authorisation from the Monetary Authority of Singapore