Articles by FX Markets Staff
GBP/JPY currency pair added onto Icap EBS platform
LONDON – Interdealer broker Icap is today (July 2) enabling GBP/JPY trading over spot broking platform EBS.
Senior management shifts for ANZ FX sales
LONDON – ANZ has promoted David Wilkinson to a newly created role of head of currency and currency option trading for Europe and America. Wilkinson will be responsible for overseeing FX and FX options trading at the bank and will relocate from
StanChart expands in e-commerce
Standard Chartered has hired Richard Koh, former regional head of e-channels for JP Morgan in Asia, in Singapore.
F&C gathers assets for FX volatility hedge fund
LONDON – F&C Alternative Investments has begun raising funds for its F&C Garnet Fund, a hedge fund targeting absolute returns by investing and trading in FX volatility and forward rate bias (FRB). The move indicates the growing prominence of volatility…
FIXI expands with RCG FX
LONDON – Broker FIXI has acquired the London-based foreign exchange business of Chicago-based broker Rosenthal Collins Group (RCG).
Australian dollar: a reserve currency
The potential for the Australian dollar as a reserve currency is evaluated by Divyang Shah , chief strategist at Commonwealth Bank of Australia in London
Lehman Brothers in Asia-Pacific rollout
SINGAPORE – Lehman Brothers is expanding its coverage of the Asian market with the planned extension of FX into Singapore, Richard Gladwin, global head of FX at the bank told FX Week.
China slams speculative inflow banks
BEIJING – HSBC, Standard Chartered, Citi and the Bank of East Asia were among 10 international banks disciplined by the Chinese FX regulator last week.
Derivative Fitch launches beta CFXO model
LONDON – Derivative Fitch last Wednesday (June 27) released a beta version of its Vector CFXO model for collateralised foreign exchange obligations, aimed at increasing transparency in the market and the understanding of its ratings.
Credit Suisse gains in sales and strategy
Credit Suisse has boosted its FX research and sales businesses with hires in London and Singapore.
Calyon expands in rates trading in Hong Kong
HONG KONG – Calyon has raided Standard Chartered and interdealer broker GFI as it looks to expand its interest-rate trading team in Hong Kong.
FXMarketSpace enhances prime brokerage service
LONDON & NEW YORK – FXMarketSpace (FXMS) has joined the ranks of spot broker EBS and electronic communications network Hotspot FX by introducing the NetLink service onto the platform.
Citi launches advanced alpha FX indexes
LONDON – Citi has launched a set of six tradable FX indexes that employ active management and FX options when generating returns.
Traiana leads the algo trading pack
It appears Traiana is onto a winner with its NetLink service. Since its launch in January this year, the vendor has managed to roll out the ticket netting engine to three platforms, starting with spot broker EBS, electronic communications network Hotspot…
List of e-FX Awards finalists drawn up
The shortlist for the FX Week e-FX Awards has been decided. This year we received an unprecedented number of submissions, each of a high degree of quality, demonstrating the increasingly competitive landscape for e-FX.
India’s Yes Bank expands e-FX strategy
MUMBAI – Yes Bank has begun distributing prices over the bank-to-client FX trading service, Reuters Trading for Foreign Exchange (RTFX), as part of a wider FX e-commerce initiative.
RBNZ uses Reuters to intervene in spot market
AUCKLAND – The Reserve Bank of New Zealand (RBNZ) used Reuters’ spot matching system on June 11 to intervene in the spot Kiwi market for the first time, market sources say. The RBNZ intervened in the FX market to sell New Zealand dollars on June 11. This…
JP Morgan's reshuffle of management continues
LONDON & NEW YORK – JP Morgan has made further senior management changes under its newly structured global rates and G10 foreign exchange business.
AXA IM forex fund targets institutional investors
LONDON – AXA Investment Managers (AXA IM) has launched its first active FX fund since creating a new currency management team last July.
Lloyds TSB satisfies FX-linked solutions demand
Lloyds TSB Corporate Markets has expanded its UK wealth management team to satisfy demand for a wider-range of FX-linked solutions from private bank clients, Clare Francis, managing director and head of sales at the bank told FX Week.
Participating in a rangy/bullish spot
How can clients maximise potential gains from favourable spot moves while minimising the downside risk? Eric Ohayon of Bank of America in London investigates
JP Morgan's reshuffle of management continues
Chris Willcox and Matt Zames have been named co-heads of global rates and currency trading at JP Morgan, excluding Asia, including Japan. The pair will also co-manage JP Morgan’s North American corporate marketing, commercial bank marketing and global e…
Merrill gains three in Asian forex
LONDON & HONG KONG – Merrill Lynch is believed to have strengthened its Asian forex team with three new hires, but to have lost in FX options trading in London.