Europe
CLS introduces first data product for FX forwards market
In the past, CLS only provided data products for the FX spot market
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
Geneva subsidiary boosts smartTrade’s presence
The technology provider also expands Paris sales team with two hires
BGC's Lucera hires Crane
Following a career that began in product management at EBS in 1990, Crane moves to the fintech firm
ECB and PBoC renew bilateral currency swap
Euro-renminbi currency swap agreement will stay in place until October 2022
Millennium Global expands European presence with Paris office
The firm is set to make 12 new hires at its recently opened French base
Qureshi replaces McAuley as DBS Bank’s head of trading
Former head of GBP rates trading at SocGen joined the firm this month
Rabobank: dollar to remain moderately strong
Despite recent Fed cuts, proactive G10 central banks and interest rate differentials still supportive for greenback
Tradepoint onboards 10 streaming NDF providers for broken dates
The firm sees greater use of algos to trade NDFs in increasingly electronified market
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
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
ECB’s Mersch attacks Facebook’s ‘cartel-like’ libra structure
Senior ECB official accuses currency project of “treacherous promises”
ExodusPoint recruits Jim Iorio
Nex’s former global head of sales and head of FX Americas joins hedge fund
Gavin Bambury appointed new Oanda CEO
Former Integral CTO replaces Narasimha, who stepped down in February
Bayle de Jesse appointed adviser to ECB executive board
He is set to become chief executive officer of CLS in December
David Ireland set to join XTX as CFO
Former CFO of Nex Optimisation starts his new role next month
ECB to assess Croatian banks in euro membership prep
Croatia could join the eurozone by 2024
Tradepoint’s passive triangulation algo for synthetic crosses
Product allows regional banks to show passive interest in non-existent pairs where there is no direct market
Collective UK action brought against FX cartel banks
Banks targeted are those that took part in the ‘banana split’ and ‘Essex Express’ cartels
Esma warns retail brokers over ‘pro’ push
Regulator warns brokers not to promote professional status to unqualified investors
Dual IM relief may slash 2020 docs burden by 90%
Isda sees around 8,000 counterparty relationships lifted from phase-five repapering
IM big-bang split confirmed with new $50bn threshold
Addition of sixth compliance phase looks set to slash September 2020 in-scope entities by more than half