Articles by Robert Mackenzie Smith
Swap dealers struggle with Isda protocol compliance
Failure to meet deadline for earlier protocol puts banks on the back foot for compliance with next round of rules
Sharp drop in yen will destabalise markets, warn traders
Observers concerned over potential impact of rapid yen depreciation. However, others say effect will be limited to currencies in Asia
FastMatch launches matching engine in London
The FXCM venture, which uses Credit Suisse technology and has backing from BNY Mellon, aims to offer real-time spot FX pricing in Europe
UBS loses Francis in FX sales
Sally Francis resigns after 12 years at the Swiss bank
Eagle departs Marex Spectron
Global FX head set to leave the broker in the summer
EBS veteran Faulkner joins Integral
Technology vendor's hire of David Faulkner reverses flow of staff from Integral to EBS
Start-up 7Hedge plans to take FX spot to exchanges
New company led by market data veteran Rafah Hanna and former Gain Capital salesman Michael Siwek plans to help exchanges develop FX spot capability
New global FX options head at Credit Suisse
Joerg Schmuecker takes on new role in private banking and wealth management
BIS: FX OTC markets hold steady, despite regulatory uncertainty
Semi-annual BIS survey reveals a rise in FX OTC derivatives transactions in the second half of last year
Commerzbank expands FX sales team in London
Commerzbank builds in FX, hiring salespeople from Société Générale and Credit Suisse
BAML hires emerging markets head from Goldman Sachs
Bank of America Merrill Lynch has hired another senior FX player from Goldman Sachs, following the appointment of Jim Coulton announced earlier this week
Bullish dollar view pays off for TMS Brokers
The Polish brokerage firm has leapfrogged Thomson Reuters in the three-month rankings to top the table this week
Banks eye July 12 exemptive order deadline
A CFTC exemptive order expires in July, meaning new regulations could capture a broader range of clients as US persons
CFTC issues reprieve on mid-market disclosure
CFTC issues no-action letters on certain external business conduct standards under Dodd-Frank, but some participants say the relief has come too late
Goldman Sachs FX salesperson departs
US bank sees FX business further depleted with the departure of salesperson in New York
Credit Suisse loses in FX real-money sales
Adam Redland resigns after more than three years at the bank
Morgan Stanley loses global head of FX product strategy
Neill Penney, who before joining Morgan Stanley was product strategy head at FXall, has left the bank in London
Nilsson replaces Devo as Lloyds' head of corporate FX sales
Citi's Anders Nilsson joins Lloyds in London to fill role vacated by Colin Devo
Client clearing not a priority for buy side
Clearing houses LCH.Clearnet and CME are extending their interbank FX clearing services to clients, but firms are showing little interest in clearing before they have to
Eurodollar pullback lands Thomson Reuters top spot
Thomson Reuters - IFR Markets ranks number one in the three-month table after predicting a weakening euro
Gain rejects FXCM, buys GFT for $107 million
FXCM's $195 million offer has been rejected, and Gain instead seals an acquisition deal with GFT
RBS loses FX sales head to Standard Chartered
Mark Webster joins Standard Chartered as global head of FX sales
TD Securities hires head of European FX
Management hires at the Canadian bank continue as Perry joins from Morgan Stanley in London
Royal Bank of Canada appoints global head of FX options
Former Credit Suisse trader takes top options role at RBC Capital Markets in London