Citibank, Deutsche Bank, and JPMorgan Chase have joined FXall, the portal for online foreign exchange trading, as providers of liquidity. The three banks – also the three largest FX trading banks globally – are all shareholders of Fxall’s rival, the now-defunct Atriax. Phil Weisberg, CEO of FXall, said, ‘We are very pleased to welcome our new liquidity providers. We will now further accelerate our work with providers, partners and customers to extend the benefits of full automation to all market participants.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.