Banks
LCH SwapAgent completes first trades
Citi and Deutsche Bank executed the first trades, a Swiss franc-denominated interest rate swap and euro-denominated inflation swap
Employees get deposition stay in FX antitrust case
Depositions and interviews with bank staff in benchmark rigging case delayed until December 8
Saywell to lead institutional market research sales at BNP Paribas
In this newly created role, he will focus on the French bank’s top institutional clients
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
Currenex and EBS mull venue-hosted last look
Platforms consider becoming third-party operators of last look to separate the function from liquidity providers
FX central tape to launch end of Q2, but without banks
Participants to move ahead without banks amid rising demand from end-users for transparency and cost analysis
FastMatch snatches Beacroft from Hotspot in Asia
Beacroft helped to build Hotspot's business in the region
Blockchain adoption by banks at least six years away
Banks are holding back due to regulatory uncertainty and lack of in-house expertise, research by Six Securities Services finds
Corporates expect long-term negative impact of Brexit
45% of corporates domiciled in continental Europe believe Brexit will have a negative impact; with almost 30% of their UK counterparts sharing the sentiment, says a survey by Greenwich Associates
Swift initiative aims to transform cross-border payments
More than 70 banks worldwide collaborate to offer greater speed, transparency and end-to-end tracking
Banks explore Mosaic platform to help ailing Ficc revenues
The aim is to discover new business opportunities and more valuable clients
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks
Market surveillance: the devil is in the detail
Nigel Farmer of Software AG describes the main considerations required for effective market surveillance
Asset managers face last-minute fee puzzle on benchmarks
Some sell-side firms have yet to inform clients of their plans for fees on benchmark execution
BlackRock's Novick slams banks' 'reprehensible' behaviour
Banking ethics and the enormity of regulatory fines are discussed by Sibos panel
Critics hit back at cross-border bank levy
Critics are hitting back at plans to introduce a bank levy on UK dealers, highlighting the challenges of implementing the cross-border charge.
Kaazing sets sights on EMEA
Kaazing branches out in Europe, the Middle East and Africa
London dominates in forex
London tops rival cities, retaining its crown as the global hub for spot FX.