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Automation in FX markets; Giancarlo warns EU to stay off clearing turf; Rolet’s awkward departure John Lothian Newsletter,Newsletter

First Read ABN AMRO Loves Fidessa By John Lothian – JLN The romance between ABN AMRO Clearing (ACC) and Fidessa is a strategic and growth-oriented one and the relationship is driven by James Fairweather. James Fairweather is the global head of execution services at ACC . He is driving this installation and rollout of Fidessa’s systems at ACC. ABN AMRO Clearing is hoping to expand beyond active traders into services for corporate clients and even prime broker services, and Fairweather said Fidessa’s platform is the right fit for the job. “The breadth of technology was better with Fidessa,” Fairweather said…

Apology accepted, now… Commentary,Regulation

Jim Kharouf

In an elevator in the Chicago Board of Trade Building in Chicago, one guy was speaking with another. “They ought to take everything he owns, sell it and add that to the money that he stole,” said the guy, referring to former MF Global CEO Jon Corzine. He paused for a moment. “But that’s not gonna happen.” Bing! The doors opened and that was the end of the conversation. Ride the elevators at the storied and proud CBOT for a while and you’re likely to hear some version of that conversation again and again. People are mad – no, angry,…