LCH gains regulatory approval to clear FX NDFs in Japan
Japan’s FSA grants approval for LSEG’s LCH to clear FX non-deliverable forwards in the country.
Foreign Exchange
Jefferies links up to oneZero’s liquidity network
oneZero adds Jefferies to network of brokers, prime brokers and hedge funds providing liquidity through its EcoSystem.
FX trading ‘Cartel’ acquitted of benchmark rigging in the US
Traders from JP Morgan, Barclays and Citi allegedly used chatrooms to rig benchmark exchange rates between 2007 and 2013.
Eurex targets OTC FX and repo clearing with expansion of partnership profit scheme
Commerzbank, Deutsche Bank, JP Morgan and Morgan Stanley will sign up as early adopters of OTC FX clearing within the profit sharing scheme.
The Big Interview: Alan Marquard
Chief strategy and development officer at CLS, Alan Marquard, sits down with The TRADE to discuss the buy-side’s increasingly active role in FX settlement, the importance of the FX Global Code of Conduct for the industry, and provide an update on CLS’s recent blockchain projects.
Yann Couellan: The path of the curious
Curiosity is the key to survival in the world of FICC (Fixed Income, Currency and Commodities) trading, and Yann Couellan, head of FICC trading at BNP Paribas Asset Management, knows this better than most. Couellan speaks to David Whitehouse about his career so far and what still excites him about the future.
Chief executive at CLS to step down at the end of the month
David Puth will step down as CEO at CLS from 30 September, after taking up the role in 2012.
Ignore the hype and focus on machine learning objectives, say buy-side tech experts
Industry buzz around machine learning and AI must be set aside in favour of transparency and interpretability according to TradeTech FX speakers.
TCA data on FX algo performance winning over the buy-side
TradeTech FX Europe panellists discussed the increasing adoption of algorithms in FX markets, although uptake has been slow.
Trump, China and Brexit top list of geopolitical concerns for FX markets
TradeTech FX Europe panellists highlight escalating trade war between the US and China as biggest risk for global FX markets.