Day: 6 November 2019

Former EBS Head Jeffery Takes the Chair at Wematch

Wematch, the multi-asset-class, Web-based matching and negotiation platform, has appointed Jack Jeffery as chairman of its Board. With more than 35 years’ experience in financial markets, Jeffery was previously CEO at electronic fixed income platform MTS, prior to which he served at CEO of FX ECN EBS. He also served 11 years at Citigroup, where he […]

Primary FX Venues See Volume Drop in October

The primary FX trading venues all saw a decline in activity in October. CME Group says it handled 804,000 FX contracts on its futures and options suite for a notional value of $74.6 billion – this is an 11% decline from October 2018 and a 24.1% decline from September’s roll month. CME’s EBS also saw […]

EBS Claims African NDF First

CME Group’s EBS says it has conducted the first ever African NDF trade on a central limit order book (CLOB) trading platform with a one-month dollar-Kenyan shilling NDF executed on EBS Market between Bank of America and Citi. The firm says it has also added one-month pairs for the dollar against the Nigerian naira, the […]

CLS Appoints Hrvatin as CRO

CLS has named Deborah Hrvatin as chief risk officer – she will also join the CLS executive management committee. Hrvatin joins from Citi where she was global head of operational risk management for the bank’s Institutional Clients Group and CLS says as a specialist in risk management and strengthening controls, she is responsible for its […]

CFH Clearing Adds Analytics

CFH Clearing says it has enhanced its data analytics offering to provide clients with better data on liquidity management. The tools, which were developed in-house, pave the way for what CFH says will be a real-time interactive liquidity dashboard planned for launch in 2020. “The data we collect from each broker and LP enables us […]