News
UBS appoints head of G10 FX strategy
UBS hires a senior FX strategist, reporting to Stephane Deo
Russell and Integral launch buy-side trading tool
Both companies hope to solve benchmark execution for investors
UBS head of European EM spot exits
Zurich-based head of EM FX spot and Stirt leaves the Swiss bank
Hungary and Poland resilient to SNB action
Despite FX exposure to CHF in Hungary and Poland, the region is safe against exchange-rate swings
Further euro weakness expected after ECB announcement
The open-ended programme could lead to EUR/USD trading at 1.09 by the year end, say strategists
SNB fallout claims hedge fund victims
Macro funds from London to New York have been knocked out by the SNB's decision to call time on its EUR/CHF currency floor
CFTC wants Dodd-Frank regulation for retail FX
The US regulator has taken a tough stance on retail FX following the fallout from the SNB's currency floor removal on January 15
Citi set to name Alex Jackson's successors
US bank set to make changes to its FX sales team in London
Barclays EM FX research head exits
Barclays loses senior research figure after eight years
ECB QE programme priced into FX market
The market expects around €500 billion of QE from the ECB, which could result in euro appreciation
TriOptima to deploy FX compression service with CLS
Post-trade service provider TriOptima looks to add to its success with compression services in other asset classes
Monex Europe expands with Madrid opening
The currency broker opens a new office in Spain in a bid to widen its presence in mainland Europe
UBS FX structuring head departs
20-year veteran of financial markets moves to Maven Global
TradAir appoints new global sales director
FX technology provider TradAir makes another senior hire
AUD/NZD lows will not last
Growth, carry and commodity prices have given the Kiwi the upper hand, but ultimately, the Aussie should gain support from the stabilisation of asset markets and commodity prices
Saxo Bank raises CHF margin to 15%
The Danish broker is preparing for significant FX volatility as the market looks to decisions from the European Central Bank and elections in Greece
Swiss corporates suspend hedging after CHF spike
Swiss corporate treasurers are waiting for volatility to subside before deciding how to hedge exposure to a strengthening franc
Swiss franc fallout will last for months, says buy side
The dearth of FX liquidity will make the unwinding of short Swiss positions a lot harder for the buy-side community to handle
Legal opinion opens door for ECB bond-buying programme
Adviser to ECJ deems OMTs "compatible" with European law in a move described as an "overwhelming success" for the ECB; it could nonetheless restrict the central bank's role in Troika
Currency markets brace themselves for week of turbulence
The European Central Bank's forthcoming meeting, elections in Greece and the Swiss National Bank's change of tactics point to rising volatility
RJ O’Brien boosts New York FX and precious metals desk
The broker looks set to target the hedge fund and commodity trading adviser community
Cürex hires Emea business development manager
Industry veteran joins the Cürex team in a senior sales role
EUR/CHF stabilises as FX brokers reassure investors
The Swiss central bank removes its 1.20 floor in EUR/CHF, and lowers deposit rates and Libor targets further into negative territory
Deutsche Bank e-commerce sales head exits
Industry veteran exits amid senior staff shake-up