Nov 272014
 
FX Trader Gets Shunned at Bank of New York Mellon for Breach of Compliance Rules

US custodian banking institute, Bank of New York Mellon, has let-go of a senior currency trader. Reports state that Jon Smailes has been sacked for …
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Niall O'Riordan UBS Chief Currency Dealer Under Investigation for FX Rigging Case

A total of $4.3 billion was handed out in censures to five banks after detailed investigations showed that senior traders were manipulating FX rates …
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Local RMB hub will benefit traders

While the initiative will make it easier for Australian exporters to do business in China, it also has ramifications for foreign exchange traders.
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Deutshe Börse plots expansion into emerging market FX

“We were interested in looking at FX, but it is quite a crowded space, [so] we felt … The banks were looking for help trading and hedging EM currencies …
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