Articles by Robert Mackenzie Smith
Griggs departs JP Morgan Asset Management
Changes at JP Morgan's asset management arm see Roger Hallam promoted and two new heads for the firm's global quantitative group
Best trading technology vendor: Barracuda FX
Niche vendor Barracuda FX wins trading technology vendor of the year, having cornered the market for FX-focused order management technology
Best post-trade services provider: DealHub
DealHub scoops the award for best post-trade services provider, having continued to launch new products and help clients prepare for regulatory change
4Cast on top with bullish dollar bet
A long-term view that the US dollar should strengthen is beginning to pay off for 4Cast as the firm tops the three-month forecast rankings
Vendor e-FX initiative of the year: Traiana
Traiana's CreditLink product wins this year's award, having tackled an important layer of risk in the FX market, and enabled trading relationships to be terminated in real time on five occasions
BAML hires transactional FX head
Mike Robertson joins Bank of America Merrill Lynch from HSBC, reporting to Chris Bae, Tom Gillie and Jim Coulton
Morgan Stanley re-hires FX salesman from Deutsche
Chris Hewitt is returning to Morgan Stanley in real-money sales, after a four-year hiatus at Deutsche Bank
Nomura expands with senior FX hires
Adam Redland has joined in FX sales in London, while Glenn Phillips joins in options trading in Singapore
Hedge fund sales head exits RBS
Graham Wintersgill, head of FX hedge fund sales, has resigned from Royal Bank of Scotland, just months after the exit of Mark Webster, to whom he reported
ANZ hires FX investor sales head
Australian bank has appointed Tim Moloney, formerly of Barclays, to replace Thomas Mummert in the top sales role
FX investors struggle to exit illiquid EM currencies
A rush to sell certain EM currencies in recent weeks has led to a dearth of liquidity and heightened the risk for buy-side firms
Moscow Exchange to add more ruble products by year-end
The addition of new FX swaps and futures is expected to push further growth on the Moscow Exchange, officials say
StanChart hires FX salesman from Lloyds
Richard Turner has joined Standard Chartered's investor sales team under Declan McEvoy
JP Morgan loses FX options trader
David Pennell is leaving the US bank after nine years
Bearish yen forecast puts CBA in top spot
Commonwealth Bank of Australia tops the three-month forecast rankings with a weakening yen view that it expects to continue after a brief blip last month
Options platforms struggling with dearth of liquidity takers
Some FX options platforms have struggled to gain traction in a new and untested market, but banks say the problem is one of low demand for, rather than provision of, liquidity
CFTC bows to agency desk concerns with further relief letter
In a time-limited relief letter issued yesterday, the CFTC recognises concerns expressed by agency firms over the implications of the external business conduct rules
BAML hires ex-BNP Paribas spot trader
Colin Devereux has joined Bank of America Merrill Lynch in London
SEB options trader moves to Danske
Christian Törnqvist will join Danske later this year, while Anna Norström is also set to join in FX sales
BNP Paribas hires ex-Morgan Stanley sales head
Nick Strain has joined the French bank's institutional sales team in Singapore, having left Morgan Stanley in Hong Kong earlier this year
UniCredit eyes growth in institutional FX without e-commerce focus
As the Italian bank looks to extend its client footprint into the institutional space, further development of its FX platform is not a central part of the strategy
Agency brokers ‘encouraged’ by CFTC response to concerns
Lobbyists are hopeful a resolution will be reached to their concerns over external business conduct rules that have forced agencies to retreat from FX derivatives
BMO hires in LatAm FX sales
Chris Morillo has joined the Canadian bank in Toronto
BAML loses senior FX trader
Andre Katz has left the bank in London after eight years in spot trading