Day: 9 September 2019

Primary Venues See Volume Rise in August

After a desperate July there was better news for the primary FX trading venues in August with all seeing an increase in activity. CME Group says that it handled an average of 821,000 contracts in its FX futures and options product suite, which Profit & Loss estimates to represent around $81.2 billion in notional terms. […]

Arnold Lands PM Role at Citadel

Derek Arnold has joined Citadel as a portfolio manager in the firm’s London office. Arnold joins after more than a year working as a currency portfolio manager at Goldman Sachs, prior to which he was at Amundi Pioneer for over ten years and held the title vice president, FX portfolio manager, at the time of […]

Bloomberg Launches Algo Analytics Service for FXGO

Bloomberg has released a new analytics hosting service for algorithmic orders on FXGO, with Goldman Sachs being the first liquidity provider to use it. The new algorithmic order service is available on FXGO’s execution manager, a Bloomberg Launchpad function that allows clients to manage their incoming orders and subsequently route them to liquidity providers. The […]

Credit Suisse Hires Callaghan

Brittany Callaghan has joined Credit Suisse as vice president, electronic FX sales, based in New York. Callaghan joins the bank after four years at FXSpotStream in a sales role. Prior to that, Callaghan was an associate at Societe Generale and spent over five years as an analyst at JP Morgan.

Soutar Joins Eurex

Chris Soutar has joined Eurex in a global FX sales role. Based in London, Soutar joins from Investec, where he held a similar FX sales role since 2017. Prior to that, Soutar spent over three years at Currenex, most recently as assistant vice president, European sales and client relations. He also spent three years as […]

Hex Trust Partners with TradAir

Hex Trust, an Asia-based digital assets custodian, has selected TradAir to provide its clients with the ability to trade digital assets directly from the Hex Safe custody platform. Using blockchain technology along with a team of seasoned bankers and engineers, Hex Trust has built a licensed and insured digital custody solution for institutions. The firm […]

And Finally…

The very fact that more and more people from the platform/connectivity world are talking to me about FX swaps tells me that, as I have suggested many times before, change could be coming to this segment of our industry. Ideas and initiatives are all fine, however, but will they translate into definitive market structure change? […]