Thumbnail

FX Markets Staff

Follow FX Markets

Articles by FX Markets Staff

eSpeed launches spot FX

LONDON -- Electronic broker eSpeed has launched spot FX on its existing dealing platform in a prime brokerage style arrangement.

ANZ names financial markets director

LONDON -- ANZ Investment Bank's director of commodities and FX derivatives, Gilles Planté, has relocated from Melbourne to take up a new role as director of financial markets, Europe and USA, based in London.

Deutsche bridges private banking and forex

LONDON -- Deutsche Bank is seeing increased forex business from its private clients following the recent appointment of David Bee in London. Bee is working with Jim Turley, global head of FX in London, and several members of the senior management in…

The euro: a relief valve for imbalance

As the dollar's decline is set to continue, the euro bears the brunt of the global trade imbalance, says Michael Woolfolk, senior currency strategist at Bank of New York in New York

DrKW adds in Singapore

SINGAPORE -- Dresdner Kleinwort Wasserstein (DrKW) has set up locally based FX research in Asia for the first time and created two new positions in FX sales in Singapore to deal with growing client demand, a senior official told FX Week.

UBS FX down despite strong Q2

ZURICH -- UBS last week reported an 11% year-on-year drop in its FX trading income for the first half of the year, to Sfr789 million ($584 million), from Sfr885 million in H1, 2002.

Time for Asian exporters to 'switch'

Phileas Wong, associate director of risk management advisory at HSBC in Hong Kong, explains how switchable forwards could help exporters in Asia hedge the risk of local currency strength

Japanese intervention set to continue

TOKYO -- Japan spent around ¥4.6 billion ($54 million) on 18 currency interventions in the second quarter of this year, according to finance ministry figures released last week.

STP break puts banks at risk

NEW YORK -- Third-party banks using the continuous-linked settlement (CLS) service may be subject to increasing operational risk as a result of a breakdown in straight-through processing (STP), according to one STP vendor.

Bomb fails to blast rupiah

JAKARTA -- Last week's bomb blast outside a hotel in Jakarta will have a minimal long-term impact on the Indonesian rupiah, say local market participants.

Participating in rupee options

Following the launch of rupee options trading in India in July, Arun Khurana, head of financial markets distribution & derivatives marketing at ABN Amro in Mumbai, proposes a zero-cost 'participating forward' solution for an Indian client wanting to…

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: