Day: June 13, 2019

CTAs Struggle in May Amid Trade Wars

The Barclay CTA Index was unable to maintain momentum in May, dropping 0.19% and reflecting a negative month for these funds. In an issued release, BarclayHedge attributes general poor performance to global trade wars and tariffs, which have consequently led to damaged equity markets and oil prices. The Currency Traders Index was one of the […]

SGX Sees Record Volumes as Volatility Returns

Trading volumes on SGX’s FX futures hit an all-time in May, with $111.5 billion in notional value and over 1.84 million aggregate contracts traded. Year-on-year, May’s volumes represent a 49% growth in notional value and a 10% growth in aggregate contracts. SGX also saw a record for single day trading volume this month, with more […]

Jury Handed New Role at JP Morgan

Profit & Loss understands that Claudia Jury has taken on the role of global head of platform sales at JP Morgan. Her new sales position will run across the securities services, prime finance and clearing and investor client management business segments. Jury will continue to be based in New York. This is a shift from […]

MUFG Hires de Sibert

Mitsubishi UFJ Financial Group (MUFG) has appointed Chris de Sibert as director, EMEA head of FX institutional sales. De Silbert joins MUFG after working one year at NatWest Markets in a similar role. Before he joined NatWest, de Silbert had a brief stint as the global head of business development for R5FX. Prior to that, […]

Seed CX Partners with Caspian

Seed CX has integrated with Caspian, a crypto trading, portfolio and risk management platform. This partnership will allow the institutional investors using Caspian’s trading and portfolio management system – which includes an OEMS (order execution management system), PMS (portfolio management system), and RMS (risk management system) that covers the entire lifecycle of the trade – […]