UBS
FX cartel UK class action case receives nod to proceed
UK judge sets timetable of hearings to be heard
Macleod and Khan exit UBS
New York-based traders recently left the bank
Machines can save 20% on routing orders, UBS says
Machine learning is navigating the labyrinth of venues, figuring out how best to land the trade
Singapore’s e-FX strategy blossoms as Apac competition heats up
Euronext FX launches matching and pricing engine today, while JP Morgan is latest to announce plans in the city-state
Mellor swaps Nex for Refinitiv
Nex Group’s former chief marketing officer joined the firm earlier this month
Boehler joins UBS as global head of FX distribution
BNP Paribas’ former co-head of FXLM and commodity distribution moved this month
Winners of the 2019 FX Week Asia Awards
The awards acknowledge the growing importance played by market participants in Asia-Pacific in FX
FX class action could run into billions – UK class representative
Given London’s share of the FX market, the damages sought could be greater than those received in the US
Standard Chartered fares best in mixed Q2 European Ficc results
Client activity remains muted as low volatility and geopolitical uncertainties weigh on sentiment
BCS Global appoints Richards as director of prime services sales
London-based Andrew Richards will target small- to medium-sized hedge funds as BCS looks to expand
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance
Collective UK action brought against FX cartel banks
Banks targeted are those that took part in the ‘banana split’ and ‘Essex Express’ cartels
LMAX to launch matching engine in Singapore
London-based firm is latest to join plans to transform the island into global risk centre
Nayyar trades Deutsche for Segantii Capital
Varun Nayyar will trade rates, FX and short-term interest rates for Hong Kong-based firm
Tariq Haider heads to Drax
Former BAML FX salesman returns to New York for post
UBS: last look is sticking around, but conversation evolving
Bank says transparent and open discussion can produce “mutual benefits going both ways”
Best FX liquidity provider of the year: UBS
UBS voted Best liquidity provider of the year at the 2019 FX Week e-FX Awards
UBS exec: first trades via USC could take place this year
Risk Live: utility settlement coin project backed by group of banks moving “incredibly fast”
Weston joins CIBC as head of funding and liquidity
Reilly Weston moves to the bank from Industrial and Commercial Bank of China
Targui promoted to co-head role at UBS
Jefferies’ former head of FX Apac sales takes new post after four years at UBS
Swiss regulator hunts for hints in Credit Suisse FX probe
Five banks fined, two acquitted as Comco closes market-rigging probes
StanChart to become third bank to set up Singapore pricing engine
UK bank’s e-FX pricing engine in 2020 could consolidate Singapore’s position as Asia’s FX centre
Paul Lonsdale retires from 360T
Liquidity manager spent nine years at Lucid Markets, one of the world’s first non-bank market-makers
European Commission fines five banks €1.07 billion for FX rigging
Cartel members co-ordinated trading strategies and exchanged client information