Articles by FX Markets Staff
BNP Paribas hires senior FX trader from Commerz
Kevin Wilson joins the French bank in New York; other personnel changes at ACT Currency Partner and UBS Global Asset Management
SEB hires spot trader in Asia
Commerzbank spot trader joins SEB in Singapore; other moves from RBS, BAML and Barclays
Velocity Trade readies API connectivity
TORONTO - Canadian foreign exchange dealer Velocity Trade expects to take its first client live sometime this week, say officials, with an application programming interface (API) connection into the dealer's middle- and back-office systems.
Sales head quits RBS
LONDON - Royal Bank of Scotland (RBS) continued to be hit by senior-level departures last week, with the global head of foreign exchange bank sales the latest to walk out the door.
RBS sees currencies business decline
LONDON - The Royal Bank of Scotland reported a 66% fall in income from the currencies business, to £141 million in the third quarter of this year, versus the same quarter in 2008.
India's RBI to allow OTC FX options
MUMBAI - The Reserve Bank of India (RBI) released draft proposals on November 12 that will allow importers and exporters to write over-the-counter forex options contracts, in response to calls by banks and industry bodies.
ETF Securities lists 18 new forex products in London
LONDON - ETF Securities launched 18 G-10 currency-linked exchange-traded commodities (ETCs) on the London Stock Exchange (LSE) last week.