FX Markets - 18 Nov 2019
Articles in this issue
Bad clocks block FX best-ex
To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t
Ramchandani seeks reinstatement at Citi in unfair dismissal case
Judge says statutes require the court to consider such a request over compensation
Ramchandani: chatroom put interest of banks above greed and profit
Former Citi trader ready to drop US lawsuit if reinstated by Citi
Algo adoption at inflection point, driven by buy side
Usage in FX is rising, but there are inherent limitations to overall take-up
Deutsche offers trade info to China FX clients via WeChat
The bank looks to extend this feature to other asset classes in the future
Integral and Jefferies partner to cut buy-side costs with TrueFX
By centralising credit, liquidity and technology, costs could drop by up to 80%
Miesner appointed new Spotex CEO
Former global head of sales and distribution steps up to top job as Agrawal becomes CTO
Chris Smith to exit HSBC
Currently on gardening leave, Smith is set to leave the UK bank soon
Hassan joins Nomura in sales
During an FX sales career spanning the Americas, Europe and Asia, Hassan has worked at Mirexa and StanChart
Hrvatin becomes chief risk officer at CLS
Former Citigroup op risk head joins utility last month
Baggioli appointed COO at M-DAQ Group
Former global head of FX prime brokerage at BNP Paribas has been promoted
Lauerman joins Oanda as business solutions head
Saxo Bank's former global head of electronic distribution moves on after seven years
Singapore develops multi-currency blockchain network
Prototype developed in tandem with JP Morgan and Temasek enables payments to be carried out in different currencies
PBoC to rein in fintech firms after President Xi praises blockchain
Central bank will verify blockchain-compatible products in bid to ensure financial stability and curb speculation
Danske Bank: yuan to rise on trade tailwind in 2020
Chinese currency expected to strengthen in light of economic recovery