Pierre Vermaak supersedes Thomas Klocker as Head of Algorithmic Trading for fixed income, currencies and commodities.
Read moreWhat is meant by 'monitor' and how exactly they will provide oversight or uncover unethical practices is not quite clear yet.
Read moreFormer RBC Capital Markets executive Tony Botting set to lead Credit Agricole's Linear FX business, whilst Nikhil Kochhar appointed as senior FX options trader.
Read moreBritish financial giant Barclays in receipt of lawsuit by New York Attorney General Eric Schneiderman in latest governmental crackdown on dark pool activity. Undeterred, FX traders are set to increase use of dark pools.
Read moreFX volume being directed to electronic trading platforms within respective investment banks
Read moreA harsh analysis was broadcast today by IG Market Analyst Chris Beauchamp as Barclays stages an axe-swinging restructuring plan, losing thousands of staff and closing all its European operations.
Read moreLondon-based global financial heavyweight Barclays has experienced a downturn in its FX division recently, but its employees are unlikely to jump ship to RBS and HSBC despite their greater revenues
Read moreResearch by Fideres has encompassed price action around the London fix in 6 major dollar crosses The Financial Times reports that the first class action lawsuit against several banks for manipulating forex rates has been filed in the US. Amongst the banks mentioned in the suit are Barclays and UBS and the evidence supplied includes…
Read moreBarclays Margin FX exit is just the latest in a string including Deutsche Bank, Goldman Sachs... As the global retail forex market has grown and matured -- with retail forex volumes hitting an all-time high in mid 2013 -- the predictions of many industry observers included an increasing presence of leading 'traditional' financial institutions in…
Read moreBarclays Margin FX clients being encouraged to move to FXCM. LeapRate Exclusive: LeapRate has learned that UK bank Barclays (LON:BARC, NYSE:BCS) has decided to shut down its retail / margin FX business, Barclays Margin FX. Barclays has operated its margin FX business as a white label of FXCM, with FXCM winning Barclay's business back in…
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