Sibley Joins TP Icap as Head of FX Hub

Holden Sibley has joined interdealer broker TP Icap as managing director and head of FX Hub, a newly created role, based in New York. Sibley was most recently managing director and head of Americas eFX distribution within the macro division at Barclays, where he spent the past 17 years. Sibley explains that the FX Hub […]
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State Street Research Finds Investors Happy with Managers

New research by State Street reveals that irrespective of the market dynamics created by the Covid-19 pandemic, 74 percent of institutional investors in Europe, remain confident in the ability of their asset manager to navigate the crisis. Unsurprisingly, the volatility caused by the crisis has damaged the ability of 66 percent of European investors to […]
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Angola Adopts Bloomberg FXGO

The Banco Nacional de Angola (BNA) has adopted Bloomberg’s foreign exchange electronic trading system FXGO and its electronic auction system to bring greater efficiency and transparency to Angola’s FX market. The solutions provide the BNA with real-time visibility of market activity, improving its oversight of Angola’s FX market, and enable the central bank to manage […]
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Afore Citibanamex First Mexican Fund on CLS

CLS has announced that Afore Citibanamex, Mexico’s second largest pension fund and a founding organisation in the country’s Administration System for Retirement Fund,  has become the first Mexican pension fund to access CLS’s payment-versus-payment (PvP) FX settlement service, CLS Settlement, as a third-party participant. Mexico, along with Canada and the US, leads the way among […]
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ISDA Create Adds New Documents

The International Swaps and Derivatives Association (ISDA) and Linklaters have announced they will make three new documentation modules available on ISDA Create during 2020. The expansion will allow users to agree additional documents online, bringing further automation and efficiency to the negotiation of derivatives agreements. ISDA Create is an online solution built by Linklaters’ internal […]
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Refinitiv Platforms Get Malaysian OK

Bank Negara Malaysia has approved Refinitiv’s Matching and FXall platforms as electronic trading platforms under Malaysia’s new Framework for Electronic Trading Platforms. FXall will be offered in Malaysia under its approved money broker Refinitiv Transaction Services Malaysia Sdn Bhd. The announcement marks further progress for the firm, with Matching established in several Asian centres as the […]
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To Cross, or Not to Cross?

It is one of the oldest questions facing a trader – how best to work out of a position involving two currencies that are rarely, if at all, supported by most market participants. In the deep and distant past, when FX markets were predominantly voice-traded and risk was managed on a deal-by-deal basis, this question […]
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Hilgers to Run Cash Markets for Deutsche Börse

Paul Hilgers will become managing director of Deutsche Börse’s cash market business on 1 September. He will report directly to Thomas Book, executive board member of Deutsche Börse Group. From 1 July, Book’s area of responsibility, Trading & Clearing, will encompass all of Deutsche Börse’s trading and clearing platforms. In addition to the cash market, […]
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Liquidity Connect Names Holbrook CIO

Connectivity provider Liquidity Connect has named Raymond Holbrook as its new chief information officer. He joins from OneZero Financial Systems where he was global director of IT. During his near six-year tenure at OneZero, Holbrook designed, planned, and implemented new Equinix Data Centre locations in London-LD4, Hong Kong-HK1 and Tokyo- TY3 and managed the day […]
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INTL FC Stone Adds NDFs on Integral

INTL FCStone has begun trading NDFs on Integral’s BankFX Platform – the firm says NDFs were added in order to meet growing client demand and will be supported by Integral’s new streaming NDF workflow, along with its established Request for Stream functionality. Initially, the firm will support the Brazilian real (BRL), the Chilean peso (CLP), […]
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