Electronic trading
CLS settlement will migrate to new platform in 2020
The infrastructure provider will launch the new venue based on its own technology next year, with service migration planned for May 2020
Citi launches ‘E For Education’ campaign for sixth year
The US bank includes a broader range of electronically traded products and new partners this time
NatWest bids for order-book management business
The UK dealer's frosted glassbox serves as segregated order execution desk for fixings and stop losses
Singapore aims to become e-FX hub for Asia, says Loh
Speaking at FX Week Asia, MAS’s Jacqueline Loh says Singapore wants more price discovery to take place
Thomson Reuters adds JPY/THB to Matching
Trading the yen and baht directly will increase market liquidity and transparency
Nomura hires Parkash as global head of e-FX distribution
Ashvin Parkash set to join the Japanese dealer in Singapore as global head of e-FX distribution
Algo supervision is paramount, says Rahmouni-Rousseau
Banque de France’s director of markets notes the rise of algorithm usage carries a high level of responsibility
State Street to buy BestX
The TCA provider is set to become a wholly owned subsidiary of State Street; financials undisclosed
Fotheringhame wins Barclays re-employment fight
UK tribunal orders the UK bank to re-engage David Fotheringhame in the role of director of data commercialisation
Euronext moves to buy Galinov’s shares
The exchange operator buys Galinov's 8% of equity in FastMatch for $0.001 per share
Galinov files lawsuit against Euronext
Former FastMatch chief files lawsuit against Euronext and FastMatch claiming “Machiavellian” scheme
Barclays names Fabio Madar as global head of G10 FX
James Hassett moves into newly created role in emerging markets
BNY Mellon taps Moumdjian for global FX sales role
BNY Mellon unifies its global sales team under the leadership of Harry Moumdjian in the newly created role of global head of FX sales
FX Connect rolls out automated order routing
New functionality allows buy-side traders to automate execution according to pre-set rules
Flow hires van Eck
Joeri van Eck joins from Goldman Sachs
Lawyers poke Fotheringhame on last day of hearing
Issue of whether trust between Barclays and former employee has irretrievably broken down is key focus on day four
Fotheringhame battles to get job back
David Fotheringhame fights for former role at Barclays in four-day remedy hearing, months after winning unfair dismissal claim
Rohra swaps Citi for Citadel Securities
Pooja Rohra spent nearly three years at Citi in an e-FX sales role before joining the market-maker
Nex revenues rise in Q1 2018
The firm reports 7% rise in first quarter of fiscal year and confirms CME transaction on track
Awards: Deutsche Bank
Deutsche Bank has snagged a highly commended status for e-FX Initiative at the 2018 FX Week e-FX Awards
Awards: XTX Markets
XTX Markets has been voted Best FX Liquidity Provider and Best Non-bank Market Maker at the 2018 FX Week e-FX Awards
Katz’s sentencing adjourned until January
Jason Katz is the first trader to admit to wrongdoing
Goldman Sachs widens e-FX coverage in Asia
Nelson Wong joins the e-FX sales team in Singapore as the bank seeks to mirror client clusters
Venue competition heats up as e-FX volumes plateau, says Greenwich
Following 74% growth in electronically executed FX in 2007-14, volumes flattened for four years