Galen Stops

Kiley Joins Pure Digital Markets

Lauren Kiley has joined Pure Digital Markets, a decentralised digital asset market for banks, as COO. Based in London, Kiley joins from Equiti Capital, where she spent the past two years as a senior relationship manager. In this role, Kiley was responsible for setting up and managing FX prime broker and institutional relationships and facilitating […]

Oanda Hires Coulon as CTO

Oanda has hired Emmanuel Coulon as its new chief technology officer. In this role, he will be responsible for driving the firm’s global technology strategy and providing technical leadership across all areas of the business. Coulon joins Oanda from ADSS, where he served as global head of technology. Before that, he was the CIO at […]

Cboe Doubles Down on its Data-Driven Approach

Cboe is doubling down on its data-driven approach to FX matching as it looks to ramp up its NDF offering and build out its new analytics platform. Profit & Loss has previously reported on Cboe FX’s decision to change how it manages liquidity, shifting away from a qualitative approach towards a much more quantitative one. […]

ErisX Announces Partnership with Etale

ErisX has partnered with Etale, a firm that offers market data, exchange connectivity, order management and accounting capabilities for firms trading digital assets. Members of ErisX will now be able to view real-time market data, and manage account balances and order execution via a secure connection using either Etale’s front end or API. “We want […]

BIS Shows Progress on Issuing Digital Currencies

A new survey from the Bank for International Settlements (BIS) shows that some central banks are creeping towards issuing their own digital currencies. A total of 66 central banks responded to the latest survey, which was conducted last year, representing 21 advanced economies and 45 emerging market economies, covering 75% of the world’s population and […]

RMB Drops One Place in SWIFT Currency Rankings

SWIFT is reporting that in December 2019 the RMB dropped one position to sixth in the currency ranking for global payments by value, with a share of 1.94%. The US dollar remains the number one ranked currency, accounting for 42.22% of global payments in December last year. This represents a 5.9% increase compared to the […]

Sargeant Exits Curex

Glen Sargeant has left his position as managing director at Curex. Based in London, Sargeant had been responsible for the development of FX customer relationships throughout the UK and Europe for the firm.. Prior to joining Curex in 2018, Sargeant spent one year as product manager, buy side FX, at FlexTrade and 19 years at […]

Digital Vega Continues Expanding Ahead of 2020 Launches

Digital Vega is continuing to ramp up its business ahead of a series of new launches this year with the hire of Rob Wemyss as a non-executive director and head of business development. Wemyss, who joins after 25 years with JP Morgan where he was global head of FX options, is the latest in a […]

Dexeus Handed New Role at TD Securities

Iván Dexeus has been handed a new role at TD Securities, where he will now be tasked with leading the firm’s regional FX business out of Dublin. When asked whether Dexeus’ new role and relocation from London to Dublin was a reaction to Brexit, a spokesperson for TD Securities says that as part of the […]

GCEX Partners with PrimeXM

GCEX, a digital asset and currency trading platform, has successfully integrated with PrimeXM’s XCore, a low-latency aggregation, risk management and reporting trading system. The PrimeXM partnership will allow participants of the XCore community to access GCEX liquidity. XCore is installed and managed by PrimeXM’s infrastructure in the LD4, NY4 and TY3 Equinix data centres. Lars […]