FX Markets - 14 May 2018
Articles in this issue
FX Cartel loses bid to dismiss criminal case
Judge says SFO investigation was a sign the currency traders could be prosecuted somewhere
Crypto ETFs a reality within two years, say panellists
While trading in cryptocurrencies such as bitcoin is still dominated by individual investors, institutional involvement is rising
First-ever SMR fine lands with Barclays chief
Regulators say James Staley failed to act in a diligent manner in whistleblowing case
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
BIS commits to FX Global Code
The institution says it is committed to conducting its FX market activities in a manner that adheres with the 55 principles
OTC derivatives values fall to 10-year low – BIS
The most recent slump continues the retreat from gains witnessed in the first half of 2016
Corporates pay little heed to last look or FX Global Code
A bank signing a statement of commitment to the 55 principles is not a deciding factor for corporates
Platform volumes dip in April, FastMatch breaks trend
As volatility dampens in April, FX volumes tick lower
360T hires three for senior FX roles
Randy Rupan, Robin Nicholas and Paul Lonsdale join the trading venue
Weller joins Saxo Bank as Mena chief
Steve Weller headed the FX business at Sberbank CIB before resigning and taking a break from the industry
Neill Penney to serve on GFXC
He becomes the FXJSC's private-sector representative on the Global Foreign Exchange Committee
Kim joins Sucden to head Apac e-FX sales
The institutional foreign exchange and derivatives broker boosts its FX sales desk
Citi reshuffles FX options team
Two options traders leave London and a new corporate salesperson arrives; Singapore office gains new options head
Dollar starting to look overbought, says TD Securities
As traders finish short covering, there is little to support the market building new longs