Margolis Joins JP Morgan Private Bank

Adam Margolis has joined JP Morgan Private Bank as Asia head of FX and commodities. Based in Singapore, Margolis has taken this new role after more than nine years with Citi, during which time he worked in both London and Singapore and was most recently the global head of FXLM bank sales. Prior to joining […]
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Capitolis Taps Molluso for CFO Role

Capitolis has appointed Joseph Molluso as its new CFO. Based in New York, Molluso will start at Capitolis in October will report directly to the firm’s CEO and founder, Gil Mandelzis. Prior to this latest appointment, Molluso spent the past six years as executive vice president and CFO at Virtu Financial, where he was a […]
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FXSpotStream Hits New Peak; Integral Rises

FXSpotStream has recovered from its dip in July to post a new peak for average daily FX volume (ADV) on its platform in August. The firm says it handled ADV of $43.25 billion, just higher than the previous high water mark set in June. This represents a 19.2% increase from July and a 52.5% increase […]
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TP Icap Hires Zaidi to Head Compliance

Inter-dealer broker TP Icap has appointed Amir Zaidi as global head of compliance, based in New York. He joins from the US Commodity Futures Trading Commission (CFTC), where he has served in a variety of roles for nine years, most recently as director of its Division of Market Oversight. In that role, he led a […]
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HKEX to Launch INR Futures

Hong Kong Exchanges and Clearing (HKEX) has announced it will launch Indian rupee (INR) currency futures in the fourth quarter of this year. The exchange it plans to introduce two new contracts: the INR vs US Dollar (INR/USD) futures; and the INR vs Renminbi traded in Hong Kong (INR/CNH) futures, adding the INR/CNH Futures contract […]
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Conlan Joins SJMBT

Joe Conlan has joined San Juan Mercantile Bank & Trust (SJMBT) as managing director, sales, based in New York. SJMBT is a registered bank that supports the trading and settlement of digital assets, enabling peer-to-peer trading in cryptocurrencies with a real-time or escrow settlement functionality. Prior to joining SJMBT, Conlan had a brief stint as […]
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Yount Joins Euronext FX

Kelly Yount has joined Euronext FX, formerly called FastMatch, as a sales director. Based in New York, Yount joins from Citi, where she worked for just over a year as a director in the bank’s FX prime brokerage business. Prior to that, Yount spent over a decade at EBS as a director of non-bank strategic […]
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EuronextFX Hits New High for the Year as FX Volumes Rebound in August

The rising heat around the trade war and general volatility in exchange rates saw CboeFX and Euronext FX volumes rebound strongly from a poor July. CboeFX says it handled $33.1 billion in spot volume per day in August, a 20.3% gain from July and fully reversing the drop in that month from July. Year-on-year, CboeFX […]
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Himino New Head of FSB Regs Committee

The Financial Stability Board (FSB) has appointed Ryozo Himino, vice minister for international affairs at the Japanese Financial Services Agency, as chair of the its standing committee on supervisory and regulatory cooperation (SRC), for a two-year term. He started on 1 September 2019 and succeeds Norman Chan, chief executive of the Hong Kong Monetary Authority, […]
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And Finally…

Forex Network Chicago takes place later this month, from September 23-25, you can register here, and in our efforts to keep the events fresh we have introduced two “Ask the Experts” sessions where audience members – and P&L readers – can ask questions of a panel of specialists in their field. This year’s conference has […]
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