Thomson Reuters Options Volumes Surge – Profit & Loss Thomson Reuters reports a 166% year-on-year surge in options trading volumes during 2015 over its FX dealer-to-client venue. The firm attributes the spike to staying abreast of upward trends, as well as adding more clients.
Ex-Deutsche, Barclays and SocGen Traders in Court – The Trade Former employees of Deutsche Bank, Barclays and Societe Generale are to appear at Westminster Magistrates’ Court in London today charged with conspiracy to rig Euribor.
Banks Set for New Year Fintech Shake-Up – E Financial News The departure of long-standing fintech executives from banks in Europe has left their former institutions in need of a new wave of executives to spearhead their ongoing technological innovation.
CLS Outlines Plans for Expansion – Euromoney CLS, the systemically important FX settlement system, has a number of plans in the pipeline, including an initiative with LCH.Clearnet and a settlement system for currencies outside its proprietary system.
HSBC Is Likely to Stay Based in London, Aberdeen’s CEO Says – Bloomberg HSBC Holdings Plc is likely to stay based in London rather than move its headquarters to Asia, according to Martin Gilbert, chief executive officer of one of the British bank’s biggest shareholders.