Day: 3 August 2020

US Manufacturing Climbed Further in July

June Construction Spending Falls on Home Building The July ISM index showed US manufacturing sector activity progressed further, as suggested by the Markit estimate and most of the regional data. Survey respondents in the ISM report noted that while some issues remain, there was considerable improvement in July after the index finally regained its footing […]

Watch List for the Week of August 3

Phase 4 Talks, Trump Ads, School Advice Switch, DJIA/Nasdaq Divergence The following are Monday’s notable US events and developments worth watching in the days ahead: White House/GOP Senate/Dem House talks to the next virus response legislation approaching crunch time later in week, coming up against August 8 summer recess deadline set by Senate. Members of […]

Wilson-Taylor Exits EBS

Simon Wilson-Taylor, head of EBS Institutional FX, has left the firm. EBS acquired Wilson-Taylor’s Molten Markets in 2015, which is when he joined the firm in the newly created role and was tasked with building the institutional side of EBS’s business. Wilson-Taylor launched Molten in 2013. Prior to this, he was global head of FX […]

Virtu Releases New TCA for FX Algos

Virtu Financial today announces the expansion of its global TCA offering with the launch of a new analytics product dedicated to FX algorithmic execution. As consumers of its own products, Virtu says it incorporates firsthand learning into its analytics tools that are designed to assist clients in analysing their trading decisions. Drawing on its scale, […]

ITI Capital to Upgrade FX Platform

ITI Capital, a financial services provider for institutional investors and private clients, today announces plans to upgrade its FX trading platform. ITI expects to roll out this new service to clients by the end of August. In June 2020, ITI acquired the client book from SVS Securities, which was placed in Special Administration this time […]

Guild Exits HSBC, Establishes Consultancy Firm

Allan Guild has left HSBC after six years, most latterly he was global head of FX and commodities execution in the bank’s Global Banking and Markets Division. During his time at HSBC, Guild was also COO of the FX options business, global head of the middle office as well as of HSBC’s FX and commodities […]

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