News/Foreign Exchange
Saxo Bank signs partnership with Lufax
The partnership with the online marketplace, which has 21m registered users, is the bank's second in Greater China this year
Global Code architects pledge to keep principles updated
The FX code of conduct will evolve to reflect market changes
New FX code gains overwhelming support
Code covers ethics, governance, information sharing, execution, risk management, confirmation and settlement
GTX expands with senior sales hires
O'Connor and Darsses join as managing directors
European bank Ficc earnings up quarter-on-quarter
But yearly revenues are down across the board
Hotspot set to charge for connectivity from July 1
London matching engine half the price of New York as venue seeks to build European presence
Sydney-based Smoker lands top job at Saxo
Ben Smoker joins from Gain Capital, while Kit Kritikos, formerly of JP Morgan, heads institutional business for Australia
FXSpotStream's Schwarz eyes FSS model roll-out away from FX
No concrete plans yet, but rates and credit 'would make most sense', Schwarz says
Fed refrains from intervening in Q1, but valuations push reserves up
Despite the Fed not intervening, US FX reserves rose on the back a weakening US dollar
Icap announces post-merger name
Once the interdealer broker sells its global broking business to Tullett Prebon, the new company will be called Nex Group
FX volumes inch higher in April
Over-the-counter volumes were up on the whole, but FX trading on-exchange was generally down
FXSpotStream reveals traded volumes for the first time
The trading venue’s numbers for 2016 are looking good
FX piques interest of institutional investors
Volatility in currency markets keeps asset managers busy as clients question the impact of FX on investments
Broadridge acquires Dojima to boost derivatives clearing
Capping what Broadridge calls its "best-of-breed" offering for exchange-traded derivatives
Bloomberg's BFix judged Iosco-compliant
The benchmarks cover spot, forwards and NDFs for about 50 currency pairs
ThinkLiquidity partners FX Bridge
Deal aims to strengthen risk management offerings for brokers
Thomson Reuters adds ringgit to Matching
The launch follows that of the Philippine peso and the Thai baht
Monex closes Tradable platform
The retail-trading platform will be discontinued in July, only two years after launch
Seabury expands relationship with Spotex
Spotex aims to grow market share, while Seabury's clients gain liquidity and technology boost
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
FastMatch to launch new order type in May
Leak/Sweep Protection will offer protection for both market-makers and takers, says chief executive
US banks see sizeable Ficc revenue increases in Q1 2016
Quarter on quarter revenues were higher, but substantially down from those of Q1 2015