FX Markets - 16 Sep 2019
Articles in this issue
Johnson loses appeal in HSBC frontrunning case
Case relates to $3.5 billion fixing transaction that HSBC executed on behalf of Cairn Energy
Trade reject codes lack clarity – BoE official
Schroders and BoE criticise mish-mash of codes, as Investment Association presses for standardisation
Eurex to launch cross-currency swap clearing ‘within weeks’
Clearing service will target dealer-to-dealer trades before later rolling out to clients
Goldman Sachs shares algo analytics on FXGO
Bank teams up with Bloomberg for real-time algo order analytics to help client execution
Spotex expands institutional offering with JP Morgan and NatWest
The banks’ prime brokerage desks seek diverse liquidity pools that could lead to better execution for their algos
Tradefeedr partners Goldman Sachs, UBS and XTX Markets
The Tradefeedr tool aims to replicate analytics used by banks and large market-makers when pricing counterparties
Dutch central bank to start supervising crypto firms
New powers result from implementation of EU directive tackling anti-money laundering
Soliman moves to retail FX broker GMO-Z.com for institutional push
Former Stater Global Markets chief executive says GMO-Z.com has potential as disruptive institutional offering
BidFX recruits Wai Kin Chan
Morgan Stanley’s former head of e-FX, bank sales and prime brokerage for Asia-Pacific joined earlier this month
Shing becomes sales director at Euronext FX
Former RBS FX sales specialist also worked at FXall and Bloomberg
Margolis moves to JP Morgan Private Bank
Citi’s former global head of FXLM bank sales joined the firm this month
Boehler joins UBS as global head of FX distribution
BNP Paribas’ former co-head of FXLM and commodity distribution moved this month
BNPP enhances Cortex with on-the-fly controls and personal assistant
French bank brings SDP into new era with suite of interactive trading controls
City Index: yuan likely to weaken as US-China trade war drags
China could depreciate its currency further if tensions escalate