BATS and Thomson Reuters update FX trading rules
BATS and Thomson Reuters have both announced new rules for their FX platforms to clarify the way liquidity is offered.
Foreign Exchange
What does the future hold for exchange-traded FX in Europe?
Following our look at the future of FX clearing, today we take a look at the emerging exchange-traded FX space in Europe.
What does the future hold for FX clearing?
The market was shocked that European regulators dropped mandatory clearing of non-deliverable forwards, so what now for FX trading?
ICAP reports growing automation of FX trades
A FX matching service launched by ICAP last year has seen strong demand and growing interest in automated trading, the interdealer broker has said.
Hotspot cuts fees for European and Asian FX pairs
BATS-owned FX trading platform Hotspot has cut its liquidity removal fees for customers across a range of currency pairs in Europe and Asia.
Soc Gen restructures corporate and investment banking
Societe Generale has announced organisational reshuffle naming some of its top executives and Newedge employees to new roles.
Deutsche Bank faces multiple fines over Libor
Deutsche Bank has been handed a fine of £227 million by UK regulator the Financial Conduct Authority over it roles in Libor and Euribor scandals.
Former RBS head trader joins Cooney's MFX
MFX Compass – the foreign exchange platform founded by ex-Barclays Capital e-FX trading boss David Cooney – has appointed a former RBS head trader as head of analytics.
BATS moves fast to extend FX presence in London
BATS-owned FX trading platform Hotspot is to launch a London matching engine this year.
HSBC puts aside £358m for potential fines
HSBC has set aside £358 million (US $550 million) for financial penalties from global regulators relating to ongoing foreign exchange rate investigations.