Day: 25 July 2019

Two Precious Metals Traders Plead Guilty to Spoofing Charges

Two bank precious metals traders have pleaded guilty to spoofing charges brought by US authorities. Former JP Morgan trader John Edmonds and former Scotia Capital trader Corey Flaum both entered into cooperation agreements with the US government and admitted to spoofing and manipulative conduct in futures markets. Flaum also admitted guilt to a related US […]

Girolami Tapped to Head LCH

LCH has appointed Isabelle Girolami as its CEO, effective November 1. Based in London, Girolami will report to Daniel Maguire, CEO of LCH Group. In this role, she will be responsible for driving continued expansion across LCH’s services, which run across asset classes including interest rate derivatives, FX, equities and fixed income. Girolami’s appointment follows […]

Pluves Named as CEO of FICC Markets Standards Board

The FICC Markets Standards Board (FMSB) has named Martin Pluves as its new CEO. Pluves joins FMSB from LCH Group, where he was CEO of LCH. He has spent a decade at the firm in a variety of senior roles and was appointed CEO in 2015. Pluves’ responsibilities at LCH included operations in London as […]

Polish Brokerage Selects TradAir

Alior Brokerage House, the FX brokerage trading arm of Poland’s Alior Bank, has selected TradAir as a technology provider for currency trading. Grzegorz Femiak, trading platform expert at Alior Bank, says: “We were looking for an additional solution for our e-FX service which would provide an improved execution at a friendliest cost. With direct market […]

WeMatch Adds Euro IRS

WeMatch, a web-based thus far focused on equity markets and OTC-cleared derivatives, has added euro interest rate swaps to its suite of products and says 10 banks are using the service. The dealer-to-dealer platform offers, the firm says, human traders tools and workflow to match and negotiate trades and now supports euro IRS curves, butterflies, […]