Articles by Robert Mackenzie Smith
BNP Paribas emerging markets strategy head departs
Global head of emerging markets strategy is moving to the buy side after nearly five years at BNP Paribas
Barrier options hedging could come under scrutiny in fixing probe
The way FX traders hedge barrier options in the lead-up to expiry has been called into question by former traders at major banks
BAML chief dealer in New York departs
Milko Campusano has left Bank of America Merrill Lynch after 12 years, departing shortly after the head of spot for EMEA in London
Lab49 unveils platform partnership with UBS
Technology consultancy has been working with UBS on its Neo platform since 2010, the firm reveals today
Buy side steps in as banks tire of delegated reporting
Buy-side firms are offering delegated reporting for clients as banks understood to be weighing up whether to continue offering the service
London RMB clearing bank likely to be Chinese, says RBS
Renminbi trading in London is likely to be run through a Chinese clearing bank, say market participants, following the agreement due to be signed on Monday
Barclays FX options director exits
Two FX options traders have left Barclays this month in New York and London, with both set to join a rival firm
Buy side prefers voice trading to electronic execution
Some firms have claimed e-FX trading figures are not a true reflection of how many firms on the buy side operate in the market
Rob Maher joins Nomura as global head of electronic markets
Fixed income electronic sales head leaves Credit Suisse after more than a decade to join Nomura in New York
Citi reorganises G-10 FX
Citi creates first global spot FX role, which brings e-trading and voice trading under Richard Bibbey in bank re-shuffle
Nomura's global head of FX leaves bank
The Japanese bank has seen Jai Rajpal exit after almost two years in London
FX sales co-head leaves RBC
Patrick Bauné has left the Canadian bank in London after more than three years at firm
Morgan Stanley FX and emerging markets co-head departs
Steve Glynn has left the bank in Hong Kong after 14 years, with fixed income sales head Ben Falloon set to take up his responsibilities in the region
BAML embarks on Ficc reshuffle
Tom Klocker and Michele Foresti have joined BAML in London to take on senior roles as part of the bank's Ficc strategy
E-commerce head exits SocGen
Former FX trading head and deputy head of currencies Serge Topolanski has left the firm after nearly 25 years at the firm
Lloyds’ FX solutions head joins Standard Chartered
Robert Garwood has taken on a cross-asset role at Standard Chartered, having left his post at Lloyds after three years
BAML hires former Barclays FX salesperson
After leaving Barclays last month, Marie Korde has taken up a similar FX sales role at BAML in London
NZD/CNY begins direct trading agreement
The announcement of a direct FX trading relationship between New Zealand and China will lead to improved efficiency, say approved market-makers
Thomson Reuters switches to 25 pip pricing in Russian ruble
Thomson Reuters Matching is increasing minimum tick sizes in the Russian ruble to prevent high-frequency traders from gaming others
FX Focus - Currency managers see brighter days ahead for FX markets
Currency managers are attracting more interest from clients as differentials grow between developed-world economies, but patience may still be required in the wait for higher returns
FXall continues to lead FX volume charts
The Thomson Reuters-owned platform has topped the average daily volume table ahead of Matching and EBS for the sixth month in a row
Currency managers report pick-up in investor interest
Buy-side firms are starting to see some opportunities following a decoupling of central bank policy that has in turn sparked client interest in FX markets
USD/CNH spreads tighten by 30 pips in two years
The renminbi is set to internationalise within the next 10 years, as increased liquidity has narrowed spreads significantly, say central bankers
Lufthansa head treasurer departs
Industry veteran Roland Kern has left the German airline in Frankfurt