FX Markets - 24 Jul 2017
Articles in this issue
Cartel three out on bail after entering ‘not guilty’ pleas
Former senior currency traders released on combined $1.85 million bond and will return to court in November
BNP Paribas fined by Fed over FX manipulation
The French bank is to pay $246 million to settle an investigation into misconduct
Citadel Securities partners BestX for TCA
The first non-bank market-maker to allow clients to evaluate execution quality via BestX
Last look claims will happen on a case-by-case basis
Alpari’s last look claims against six banks are unlikely to be the last, lawyers say
Deutsche Bank research says more is not always merrier
Increasing the number of LPs in an aggregated environment can harm execution quality
Credit Agricole hires Soper as FX options head
Andrew Soper takes up the post, following Steve Rendon's exit in April
Tyndall to join Barclays as FX options trader
Mike Tyndall joins the UK bank in New York from Nomura, reporting to head of global FX options Paul Thirlwall
ParFX is not for sale
Four years after the launch of the randomised platform, it still has room to grow, says CEO
Brexit economics keep Morgan Stanley bullish on cable
Strategists encouraged by Prime Minister May’s bridge-building with corporate Britain, among other things