Articles by Robert Mackenzie Smith
Thomson Reuters looks to watershed year
Next year is set to see the culmination of nearly three years of work to bring Thomson Reuters' products on to one desktop
CME looks to local banks for EM FX liquidity
Craig LeVeille, executive director for FX products at CME, talks about the company’s focus on growing emerging markets
SocGen cuts six FX staff in New York
The bank loses several staff while appointing a new head of OTC clearing sales for North America
Contagion fears ignited by ruble moves
The trouble in Russia is spreading to other currency pairs in emerging markets and causing bouts of volatility in G10 pairs as traders struggle to get business done
FX platforms switch off ruble trading
Bloomberg and FastMatch suspend trading, following similar decisions by retail platforms after extreme RUB volatility
FXCM closes out existing RUB trades at noon EST
FXCM closes out existing ruble positions at noon Eastern Time on December 16
Mandy Lam exits GFMA
The association's managing director for North America leaves for buy-side role
CFTC hears NDF workload fears
Some FX market participants are concerned by the potentially short timelines for preparing the industry fully for NDF clearing and possible liquidity implications
Citi suspends more FX staff
Suspensions follow a hefty round of fines in relation to the FX benchmark probe
Nomura Americas FX COO joins buy side
FX trader is the latest to leave Nomura for the same buy-side firm
HSBC hires one, loses two in FX
The bank hires a senior FX salesperson while an FX spot trader and the head of real-money sales head for the exit
Nomura hires Ed Mount and team from RBS
The Japanese bank continues to build out its FX technology team following Rob Maher's appointment earlier this year
Spot trader Graeme King returns to market
FX market veteran takes up role under Andre Katz at CBA
Newedge managing director departs
Head of OTC clearing sales departs after only nine months in the role
Ramchandani out as LCG restructures management
LCG suffers a blow as Rohan Ramchandani exits the firm while the broker makes senior hires under Charles-Henri Sabet
Icap merges EBS with BrokerTec
Michael Spencer combines Icap's e-platforms for FX and fixed income
Regulators highlight dark pool concerns
Bank of England emphasises the potential risks of too much liquidity migrating away from open-market venues
Citadel hires global head of Ficc
UBS execution head is latest name to join Citadel from the sell side
CME ups bid for GFI as competition for broker heats up
CME has stepped up its interest in GFI Group by increasing its bid for the company, as it hopes to complete a buy-out in 2015
Gelber Group continues FX hires
The proprietary trading firm makes a second hire from the sell side
BTIG expands New York FX desk
Two FX veterans from the sell side join BTIG, adding to the firm's recent expansion in Chicago, with more hires expected
Buy side highlights TCA data issues – FX Week Europe
Trading heads at PGGM and Legal & General Asset Management debate the use of transaction cost analysis in foreign exchange
Benchmark charge does not solve the problem - FX Week Europe
The buy side has questioned the decision by some banks to charge for fix orders, following regulatory fines topping $4 billion
'Last look' damages profitability, say technology vendors – FX Week Europe
FX Week Europe panellists argue 'last look' is not helping the market to price clients realistically as margins continue to be squeezed