News
FXCM's Niv blames banks for extreme Swiss move and losses
The January 15 drop in EUR/CHF was a 'global market function failure' as banks failed to provide prices, Niv says
Risk recycling issues stall China's forex option market
Onshore corporates yet to take advantage of increasing hedging options
Lloyds Bank boosts FX sales team
The British bank rehires Lucy Barton for its wealth and FX team
Australia corporates revisit FX hedging after AUD slide
Currency risk management is now a major focus for Aussie firms
USD/CHF options burn banks amid illiquid markets
Traders say dealers who lost money in last month's huge Swiss franc move are likely to have done so because liquidity evaporated, making it impossible to hedge sold options
Traiana drama culminates in CEO’s exit
Solinger reinstated as CMO and head of product strategy
CFTC commissioner questions NDF mandate suitability
All eyes on US regulator after Esma puts clearing of non-deliverable forwards on hold
Citi hires senior FX head in New York
The US bank boosts its FX advisory service for corporates
Dutta joins Credit Agricole in Hong Kong
Societe Generale's head of Asia FX options joins French rival
Pennell joins Nomura as executive director
Former CIBC, JP Morgan and RBC Capital Markets veteran joins Nomura as executive director
114 jobs go from bankrupt Alpari UK
The FX retail broker has struggled to sell its assets since the appointment of KPMG as its administrator
Multi-dealer options platform sees record growth
Digital Vega sees 160% uptick in volumes on Medusa in 2014
EBS Direct may cannibalise EBS Market, says Spencer
But innovation will help the broker to avoid becoming "toast"
Tudor portfolio manager joins Visium
Senior portfolio manager moves to Visium Asset Management after leaving Tudor Investment Corporation
Tension intensifies between banks and brokers as SNB fallout continues
Banks and FX retail brokers are at a stand-off as they fail to agree new terms on repricing trades in the wake of the EUR/CHF collapse on January 15
Pressure builds on Denmark as central bank slashes rate
Analysts anticipate the central bank having to cut the deposit rate further, but maintain the peg will survive
360T hires CEO for the Americas
The Frankfurt-based technology firm has expanded its sales operations in the US
Citi takes proactive stance on FX bonuses
Citi's FX traders will lose their cash bonuses if they are let go this year and are seen to have committed misconduct
Esma puts NDF clearing on hold
The European regulator takes a step back from proposing a clearing obligation for NDFs in the wake of market feedback
MFX Compass hires ex-Goldman Sachs exec
In this newly created role, Robinson will oversee the global distribution of the company's e-FX trading technology to institutional clients
Eric Auld leaves BNP Paribas
The French bank looked internally to replace Eric Auld, appointing two experienced co-heads for sales and trading
Gerko to exit GSA and set up market-making business
Head of GSA's market-making team is set to go it alone in July
Messinger to leave BNY Mellon this quarter
His move comes amid a merger of the bank's global markets group with its global collateral services and prime services groups