Search Results for: Citi FX
FXPRIMUS Group appoints new CEO for CapMarFX
July 6th, 2015
FXPRIMUS Group appoints Michael Mirarchi as CEO & Director of CapMarFX, as part of a global strategy to drive institutional offerings via its FCA-regulated arm The FXPRIMUS Group is delighted to announce that Michael Mirarchi has been appointed CEO ...
Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology
July 3rd, 2015
Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conducting transactions on mobiles without bank accounts in Kenya, and developing blockchains within the bank and test-coins to ...
FCA imposed £1.47bn in fines in 2014 with UBS and Citibank among worst offenders
June 17th, 2015
The Financial Conduct Authority (FCA) imposed £1.47bn (€2.04bn, $2.3bn) in fines on companies in 2014, a rise of 68% from the year before, according to a study by Kinetic Partners. The study showed the average fine imposed on businesses ...
S.Korea reviewing whether global banks in FX probe affected Korea
June 17th, 2015
South Korea’s anti-trust agency chief said on Wednesday the agency is looking into whether the activities of six global banks that were recently fined nearly $6 billion in a U.S. and European forex probe had affected South Korean companies. ...
Deutsche Bank’s grip on Asia FX market may slip on Jain’s exit
June 11th, 2015
The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia’s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive ...
Citi launches futures trading on Velocity platform
June 9th, 2015
Citi has launched Futures trading functionality on Citi Velocity, the award-winning trading platform which provides clients with access to Citi’s research and liquidity across FX, Rates and Credit. Launched in January 2012, Velocity 2.0 is continuously upgraded to include ...
Standard Chartered Joins FXSpotStream as the 11th Liquidity Provider
May 19th, 2015
FXSPOTSTREAM ANNOUNCES THAT STANDARD CHARTERED HAS JOINED AS A LIQUIDITY PROVIDER OF FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO ELEVEN GLOBAL FX BANKS FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Standard Chartered ...
U.S. contacts UK FX trader over Bank of England meeting – source
May 14th, 2015
London The U.S Department of Justice has requested an interview with a senior London-based currency trader who attended a meeting with Bank of England officials three years ago that ultimately became pivotal to a global investigation into allegations of ...
Bank parents or main units seen pleading guilty over FX: sources
May 12th, 2015
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, people familiar with the matter ...
EBS to launch FX Outrights and Swaps on EBS Direct: ICAP
May 7th, 2015
EBS, ICAP‘s market-leading electronic FX business, announces today that it will beta launch FX Outrights and Swaps on EBS Direct in Q4 2015, subject to regulatory approvals. Eight major liquidity providers (LPs) have agreed to support the beta launch ...
