Ficc
I have often joked, in a (semi) light-hearted fashion, that you can tell when the FX market is set for a boom in terms of demand or activity because some banks start exiting the business. If there is a true cycle involved, one can’t help but think that some institutions give the perception that they […]
Data analytics firm Mosaic Smart Data is launching a data normalisation process as a new stand-alone service. The firm will employ its technology and data model to cleanse, normalise and process firms’ transaction data in all major FICC asset classes, including cash and derivatives, allowing institutions to analyse their activity in a given asset class […]
The FICC Markets Standards Board (FMSB), a standard setting body for the global wholesale fixed income, currencies and commodities (FICC) markets, today announces the appointment of Chris Rich as general counsel. Rich will join FMSB on 1 April from Linklaters, where he is a managing associate in the Financial Regulation Group. He is currently on […]
Greg Wood joined Standard Chartered on Monday as its new e-trading business manager for FICC, based in London. He reports to London-based executive director, Goncalo Lima. Wood most recently worked in Washington for the Futures Industry Association (FIA) as senior vice president of global industry operations and technology. Prior to FIA, he worked at Deutsche […]
Broadway Technology has rolled out new functionality for repo trading on its FICC trading platform, introducing complete and automated workflows for trading, hedging and collateral management on a global scale. This functionality – called RepoTrader – aims to integrate and streamline the repo trading lifecycle for major institutions. It encompasses connectivity to multiple repo markets, […]
For many years, Symbiont deliberately avoided touching FX. But now, having partnered with Vanguard, it is building a decentralised network for FX trading that it claims could represent a major inflection point for the industry. Galen Stops reports. One thing that the team at Symbiont, a blockchain technology company founded in 2013, are adamant about […]
Amit Bhuchar has been appointed as COO of Citadel Securities global FICC business. According to market sources Bhuchar joined the firm in the new role in December after just over a year with hedge fund AQR Capital Management where he was COO of the firm’s fixed income business. Prior to AQR Bhuchar spent almost 14 […]
The FICC Markets Standards Board (FMSB) has named Martin Pluves as its new CEO. Pluves joins FMSB from LCH Group, where he was CEO of LCH. He has spent a decade at the firm in a variety of senior roles and was appointed CEO in 2015. Pluves’ responsibilities at LCH included operations in London as […]
Singapore Exchange (SGX) has unveiled a new management organisation that the group says “capitalises on its strength as an international multi-asset exchange, to pursue growth opportunities and build scale in multiple asset classes”. With effect from July 1, four business and client units have been created to report to SGX CEO Loh Boon Chye – […]
In this week’s lively and extended podcast Colin Lambert and Galen Stops mange to disagree on just about everything as they dig into the details around the announcement that Citi has given notice to four of the biggest non-bank market makers in FX and discuss the potential implications for the industry as a whole. They […]
