Feature
Icap stays at the top in spot forex
Interdealer broker Icap continues to dominate the spot FX market.
RBC and ANZ stay on top in active markets
Royal Bank of Canada (RBC) and ANZ held the top spots in their domestic markets, as increasing activity in the Canadian and Australian dollars attracts global banks to this lucrative area.
FXall still reigns
FXall has taken the prize as best multi-bank FX portal for the sixth year running by continuing to drive innovation.
Efficient delivery gives TFS-Icap options advantage
TFS-Icap has catapulted above rival interdealer brokers GFI and Reuters to swipe top spot in the contentious best broker for currency options category.
BarCap best bank in London
Barclays Capital topped the rankings as the best bank in London for the first time in the 2007 awards, taking the title from last year's winner HSBC. BarCap also won the awards for best sterling/dollar bank and best in euro/sterling in the survey,…
UBS earns post-trade and CLS plaudits
UBS cemented its position as the top post-trade bank with a third-time win for post-trade services this year. The bank also regained the award for best third-party CLS provider after losing out to ABN Amro last year.
HSBC still number one for Asia-Pacific FX
HSBC has retained pole position as the pre-eminent bank in the Asia-Pacific, while also scooping up accolades as the best dealer in emerging Asian currencies and EMEA currencies.
Swift grows front office
Halfway through its five-year strategy, industry co-operative Swift has made improving front-office services a priority
Surveying our changing landscape
The e-FX awards celebrate best practice and innovation in the forex market. The increasingly demanding needs of clients from the sell-side to the buy-side have meant technological developments continue at full throttle. This year was no exception. In…
FX and DX: volatility events and the bid-ask spread
Charles Wright suggests a rational means for adjusting the bid-ask spread to compensate for the uncertainty associated with routine event-driven conditions
Mifid: the final countdown
Those that haven't firmly addressed their execution policy must take action, says Chris Pickles , chair of the directive's Joint Working Group in London
Mifid and forex in a nutshell
The Markets in Financial Instruments Directive is placed under the microscope by Richard Hartheimer , managing director at Currenex, Europe in London
How Mifid affects the global FX market
Mifid will create an even more efficient market for FX services that can be delivered quickly, inexpensively and globally, says Chris Pickles , chair of its Joint Working Group in London
A quick fix for Mifid
Sell-side firms must adopt the FIX protocol or lose out, warns Chris Pickles , chair of the directive's Joint Working Group in London
Mifid – a commercial opportunity
The commercial opportunities Mifid presents to the foreign exchange dealer are examined by Chris Pickles, chair of the directive's Joint Working Group in London
Mifid explained – an introduction
Chris Pickles, chair of the Mifid Joint Working Group in London, discusses the implications of the directive on foreign exchange
BarCap FX chief rumoured to be Asia bound
LONDON & SINGAPORE – Ivan Ritossa, London-based global head of FX at Barclays Capital, is rumoured to be relocating to Singapore.
May 2006 - Reuters and CME to set up FXMarketSpace
CHICAGO & LONDON – Industry heavyweights Reuters and the CME announced plans to establish a centrally-cleared FX market-place for early in 2007.
December 2006 - City Index plans new FX brand
LONDON – Spread betting firm City Index told FX Week that it is set to launch a new FX business in the New Year, as it integrates the IFX business it bought in the summer.
November 2006 - RBS and JP Morgan scale back prop trading
LONDON & NEW YORK – November saw mixed fortunes for FX traders. Just as volatility returned to the market, two major banks made cuts to their prop trading desks.
October 2006 - AIB to pay €30m for overcharging
DUBLIN – Allied Irish Bank (AIB) is to pay over €30 million in further damages relating to foreign exchange overcharging, ending a two-year investigation into the matter.
July 2006 - Ruble becomes fully convertible
MOSCOW – The Russian ruble became fully convertible in July, signalling a new era for the country's financial markets.
September 2006 - Thomson expands FX offering with Tullett
LONDON – Thomson Financial introduced foreign exchange and money market pricing pages with content from Tullett Prebon Information (TPI).