Global banks, service providers and market infrastructures create new hub for end-to-end margin processing
Goal is to facilitate compliance with new margin regulations for non-cleared derivatives effective in 2016.
Read moreGoal is to facilitate compliance with new margin regulations for non-cleared derivatives effective in 2016.
Read moreThe addition of Credit Suisse adds to the liquidity available from FXSpotStream’s 9 existing liquidity providers, all of which are Tier 1 global banks
Read moreClients of FXSpotStream LLC, a subsidiary of LiquidityMatch LLC, now have access to liquidity provided by Credit Suisse Group AG (VTX:CSGN), thanks to an agreement between the two companies. Credit Suisse joins an already impressive list of FXSpotStream’s existing liquidity providers that includes names like BofA Merrill Lynch, BNP Paribas, Citi, Commerzbank AG, Goldman Sachs,…
Read moreFXCM and Credit Suisse backed Forex ECN FastMatch has announced the launch of a new aggregation technology solution, ManageMatch. ManageMatch provides an aggregation technology solution to customers who would like to maintain direct relationships with their liquidity providers yet do not have the desire to build and maintain their own aggregation software. FastMatch is based on Credit Suisse's…
Read moreThe Wall Street Journal is reporting that Citigroup Inc. (NYSE:C) has appointed Danny Wise as European head of G-10 foreign exchange trading in London, according to people close to the matter. Mr. Wise, who starts at the bank Monday, left Credit Suisse in May as part of a cost-cutting plan. The appointment of Mr. Wise…
Read moreDanny Wise, along with five other key members of Credit Suisse's FX operations have been given their cards as the bank engages in cost-cutting measures.
Read moreCredit Suisse says everything normal with FX trades, will investigations agree? Following their own internally conducted review, Credit Suisse (NYSE:CS) states on Wednesday that it has not found anything "materially untoward" in how it trades foreign currencies, the bank's finance chief David Mathers said on Wednesday following the publication of its first-quarter results. The bank…
Read moreTaylor will focus on research after keeping FX Concepts’ newsletter and ‘research process’ As most of our readers know, the foreign exchange markets are a very tough and sometimes unforgiving industry. Partly this is what makes it very hard to quit too – it took John Taylor, founder of one of the biggest currency hedge…
Read moreFXCM and Credit Suisse base FastMatch on CS's Crossfinder.
Read morePart of EBS's plans to take out high frequency traders.
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