Day: 16 March 2020

JPM Veteran Named as Euronext COO

Georges Lauchard has been named chief operating officer and member of the managing board of Euronext, pending all relevant corporate and regulatory approvals. He will oversee operational strategy, policies, and execution in support of Euronext’s ambition to become the leading market infrastructure in Europe and will take up his new role based in Paris on 17 […]

Integral Provides Western Union with FX Technology

Integral today announces a partnership with Western Union, which provides cross-border, cross-currency money movement and payments, to employ eFX risk management technology across the Western Union Business Solutions (WUBS) platform. WUBS will deploy Integral BankFX across its risk management workflow. The platform provides full automation and customisation, including a high level of control of the […]

FX The “Oasis of Relative Calm” in Markets as Analysts Ponder Next Moves

A series of coordinated central bank actions around the world has failed to stave off another collapse in equity markets with volatility spiking once again and several indices down more than 5% on the day. The Federal Reserve cut rates by 100bp on Sunday and promised further QE initiatives, it also suggested in its forward […]

Central Banks Enhance Liquidity Swap Lines

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank have announced a coordinated action to enhance the provision of liquidity via the standing US dollar liquidity swap line arrangements. These central banks have agreed to lower the pricing on the […]

Fed’s Powell: “Had to do More”; Trump Happy

White House Watch takes a look at the latest US response to the Covid-19 crisis. The economic and financial response to the virus crisis took a giant step Sunday, a 100bp Federal Reserve rate cut to near zero, while the health care response was considerably less impressive, with disease testing still far short of what’s […]

Andreyko Joins Edgewater

Edgewater Markets has announced the appointment of Brian Andreyko as chief product officer to its management team. Andreyko joins from TradAir, where he was chief business officer, managing the firm’s senior client relationships and global account and liquidity management. He has also held a number of senior positions including CEO of MakoFX/Liquidity Pool, EVP and […]