FX Markets - 11 Jun 2018
Articles in this issue
DoJ asks for discovery stay in benchmark case until ‘Cartel’ case ends
US tries to balance need to protect ongoing criminal investigations and lawsuits with civil attorneys’ desire for additional testimonies
Dmitri Galinov leaves FastMatch
Chief executive of Euronext-owned ECN FastMatch resigns
Esma to restrict promotion of CFDs from August 1
Under new rules, retail FX brokers will need to provide prominent warnings on the risks involved in CFD trading
Banque de France selects Quod Financial
French central bank chooses Quod for FX aggregation needs
FX volumes rise in May
Trading platforms continue positive trend that started at the beginning of the year
INTL FCStone rolls out e-platform for frontier units
Platform to streamline price discovery of exotic currencies through more electronic process
Active traders were stabilisers during FX shocks, says think-tank
The three largest currency moves of the past 20 years give insight into trading behaviour across segments, says JP Morgan Chase Institute
IBM and Avaloq to build Swiss cloud
Swiss Banking Cloud could be ready to on-board new clients in second half of 2018
Grise out, Colantone in as head of FX sales at JP Morgan
Mike Grise’s departure comes after an eight-year tenure as head of FX sales, Americas
Four join CLS board
Bonamy, Brady, Lawrence and Stolte become directors
DTCC adds two to the board
BNPP’s Claudine Gallagher and Virtu’s Joseph Molluso are the newest additions to the 20-member board of directors
Patrick Salis to replace Hodgkiss as AxiCorp CFO
Simon Hodgkiss becomes chief risk officer
A new era for global FX
Neill Penney, co-head of trading at Thomson Reuters, says innovation rather than regulation can finally be the driving force in FX markets
Dollar to run out of momentum, CBA says
Commonwealth Bank of Australia thinks the euro has larger upside potential than the US dollar