Articles by Robert Mackenzie Smith
HSBC hires Haskins in New York
Former Nomura managing director joined HSBC earlier this year
UBS rehires Goodman in London
Former Swiss banker rejoins the firm after five-year stint at SocGen
Last look is not dead, says 360T's Kölzer
The Frankfurt-based platform is the latest to weigh in on the last-look debate ahead of the FEMR report, due on June 10
Platforms turn to pricing in fight for market share
The latest price offerings from currency platforms Hotspot and Integral may be the sign of a maturing market, say participants
MetLife head of FX joins derivatives advisory firm
Twenty-eight year FX veteran Jason Leinwand switches firms in New York
Jefferies FX staff numbers down in London
The US bank is running almost all its FX sales and trading operations from New York
Prime of primes reduce reliance on prime brokers
PoPs have sensed an opportunity to cut costs with prime brokers by boosting capital and trading directly with banks instead
FXall last-look function under client review
The Thomson Reuters-owned platform seeks feedback from customers on its newly proposed last-look criteria
BAML FX spot trader departs after two months
Thirty-year FX veteran leaves the US bank shortly after joining
FXCM sells $36 million stake in business
The US firm sells its third non-core asset as it looks to pay back its $300 million loan by the end of the year
Barclays chats reveal extent of USD/RUB manipulation
The CME/Emta benchmark has once again been thrust under the spotlight following the CFTC's $400 million Barclays fine on May 20
More banks to be swept up in FX settlements – Hausfeld
Institutions not fined by regulators are still likely to face punishment according to the co-counsel in the class action lawsuit in New York
Former EBS Market co-head joins Currenex
Technology veteran John Schoen relocates from London to New York
US regulator fines take FX settlements to $11 billion
BAML, Barclays, Citi, JP Morgan, RBS and UBS have been fined by the DoJ and the Fed as the total amount settled more than doubles
FCMs kick off NDF clearing despite delays
Even with further setbacks to mandatory NDF clearing in the UK and US, Societe Generale senses opportunities for clients to clear now
Market-makers tweak algorithms post-SNB move
Liquidity providers have been seeking ways to improve their electronic price formation since the Swiss franc event in January
IG chief market strategist joins LCG
Financial markets veteran Brenda Kelly exits IG for rival firm in London
FX Concepts – back to basics
In his first interview since the collapse of FX Concepts, founder John Taylor discusses life after the hedge fund, and the growth of his research and advisory business
ForexClear earmarks 2016 for FX options clearing
CCP time-stamps FX options-clearing plan, albeit for the third time since 2011, as concerns remain over currency delivery
Leverage ratio begins to bite for FX derivatives
The capital-intensive rule for banks, which has already affected the rates and credit world, is starting to hit FX - with clients expected to bear the brunt of higher costs
Herman exits Deutsche Bank in New York
Global head of fixed income and currencies departs with a cryptic message to staff
Scotiabank appoints new global head of FX
Camilla Sutton replaces Brendan Luxton who has left the bank
Deutsche FX sales director heads to Goldman Sachs
The German bank loses a senior sales person in New York
CME FX fix under microscope in new lawsuit
Possible listed FX futures and options manipulation brought to court in New York as scope of benchmark investigation widens