News
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
FXSpotStream hires Reeves for US sales
Mark Reeves joins FXSpotStream from Deutsche Bank as head of sales and new business, Americas
BNP Paribas hires UBS FX sales director
Foreign exchange sales veteran moves to BNP Paribas after spending a decade at UBS
BGC and CME make further offers for GFI
GFI Group to vote on offers on January 27, as CME Group and BGC Partners continue to battle it out for the US broker's assets
EBS partners SGX to boost Asian FX footprint
Singapore Exchange-listed FX futures are set to be offered on EBS platforms, subject to regulatory approval
Richards joins Morgan Stanley in London
US bank hires Thomas Richards as executive director in FX options, reporting to Thiago Melzer
FX leads the way in buy-side technology spend – Greenwich
Greenwich Associates 2014 Trading-Desk Optimization Study shows FX desks on the buy side have upped their technology spend
Morgan Stanley hires managing director
Finck will be responsible for securitised research and portfolio management for the bank's global fixed-income platform
Moex FX volumes ticked 52% higher in December
Derivatives and foreign exchange were the most active markets on the Moscow Exchange
LMAX Exchange opens shop in Hong Kong
LMAX Hong Kong is the company's first step in establishing a presence in the Asia-Pacific region
Senate approves margin carve out for non-financials
Overwhelming 93-4 vote clarifies corporate treasury units are not bound by rules requiring margin to be posted on non-cleared swaps
Gain hires John Miesner in New York
Gain Capital continues institutional business GTX expansion with Miesner's hire from Hotspot
TradAir appoints Lewis and receives $15 million boost
Long Ridge Equity Partners becomes a new investment partner in TradAir while the company appoints a new chairman
Greenwich flags top market structure themes for 2015
Continuous FX benchmarks, potential advances in NDF clearing and electronic chat rooms among top issues for year ahead
Lawyers gear up for cases in Europe and 'last look'
The co-lead in the US class-action lawsuit expects more cases in Europe and for other areas of trading to come under scrutiny