News
ParFX launches buy-side push
First trade via prime completed on August 28, trial phase will run to four weeks
Banks struggle to solve FX conduct issues – Wheatley
FCA admits banks are finding it hard to stop bad practices, while UK ministers raise concerns over bank fines
FXCM hires FX prop trader
FX veteran joins FXCM in New York
BGC aims for GFI buyout
Brokerage firm offers $5.25 per share in hostile takeover of rival
Credit Agricole hires FX trader
French bank hires senior FX trader in London
Hotspot's Miesner leaves firm after 13 years
Industry veteran out the door at Hotspot
BAML appoints FX director in New York
US bank hires from buy side to expand FX trading team
BNPP's Waddington relocates to Hong Kong
His job title and focus remain the same, and he will continue to co-head global e-markets alongside Thomas Soede
Trading Places, September 8, 2014
Moves at Lloyds Bank, UBS and Deutsche Bank
Russell Investments hires from Record and Lgim
US asset management firm expands Emea services team
USD/BRL on the move in expectation of government change
Projections still see currency weakening against the dollar as the market keeps one eye on presidential elections next month
RMB cash management in limbo as market awaits PBoC guidelines
Banks eager to offer two-way sweeping accounts throughout China, but rules not in place
FXCM scraps dealing desk following FCA review
Lack of demand and a recent FCA review into best execution has led FXCM to move away from its principal business since August 30
EUR/CHF long positions make market anxious
The recent downward pressure on the euro has led Saxo Bank to reconsider the margin it charges as the Swissie floor gets hit
ABN Amro hires Singh in FX clearing
After several months out of the market, Noel Singh returns to ABN Amro
Sterling set for instant 5% fall if Scotland votes Yes
Market still sees independence as unlikely, but participants buying sterling protection
Papasavvas leaves Investec to launch loan syndication firm
FX strategist ends eight-year career at South African bank
Ex-spot trader in RBS compliance role
RBS brings in former FX spot trader to help with compliance
Deutsche Bank appoints CMTS co-heads
The bank has promoted internally and hired externally in its capital markets and treasury solutions group
Saxo Bank London chief departs
Torben Kaaber has left Saxo Bank after more than 16 years and is replaced in London by Matteo Cassina
Taiwan fixing could fragment offshore renminbi liquidity
Latest CNH fixing will be a boon for Taiwan’s derivatives market, but concerns have emerged over the potential silo-isation of the renminbi market
Regulators missing the elephant in the room
The changes happening in the FX market have woken banks to credit risks they were previously unexposed to
UniCredit hires senior FX options trader
Peter Billington joins UniCredit under Nick Gentle