News
BNP Paribas boosts electronic markets team
French bank promotes internally to focus resources on electronic trading
Plans for new USD/RUB benchmark fall flat
EM benchmark concerns remain as EBS and Moex fail to agree on terms for USD/RUB fixing after two years of talks
Banks set to charge for fix execution
Mid-price execution looks set to become a thing of the past as banks mull over changing benchmark order management
SG closes London G-10 trading, builds agency presence
French bank considers restructuring FX business and moves towards an agency-execution model with fully-owned brokerage Newedge
Gain GTX hires former Marex FX sales team
GTX targets FX agency desk growth in London with new arrivals
Danske Bank creates currencies, commodities and corporates team
The Danish bank has promoted three senior staff in Copenhagen and Sweden as it comes to terms with tougher market conditions
JCI Capital bucks trend with Ucits fund launch
"We never get too excited, we never get depressed," says Giovanni Pozzi, partner and head of FX at JCI Capital, despite continued negative returns measured by the Parker FX Index in June
BTIG creates Chicago FX desk
The broker dealer expands FX operations with a team in Chicago to complement its New York offering, set up in 2012
Cantor Fitzgerald hires Goldman Sachs' Americas e-FX sales head
Cantor Fitzgerald expands FX sales and trading group with two hires from Goldman Sachs in New York
Barclays starts charging peers for benchmark orders
Barclays will continue to offer fix-order execution to clients without the added spread
Esma must use FX derivative definition delay wisely – WMBA
Fears that delay risks entrenching confusion over trade-reporting rules
ATC Brokers launches UK-based service
Ex-Citi VP Michael Mirarchi will lead the new retail brokerage
FXPBs, agency desks set to resume derivatives trading
After 14 months and failed attempts to relaunch the agency brokerage business in the US, new proposals spark light at the end of the tunnel
Morgan Stanley appoints new Emea FX options head
US investment bank relocates its Americas FX options head to London
Caplin launches mobile trading application
Caplin Systems says security concerns are abating and banks will look to use mobile apps more in their sales process
Smooth take-off for collateral reporting
Buy side goes it alone on collateral and valuation reporting
Russian banks face higher borrowing costs
Banks and corporates face higher funding costs and loan rates, but government support lends a lifeline
More gloom ahead for FX dealers in next two years
Consultancy paints a far from rosy picture for the FX market in the years ahead as technology investment takes centre stage
End of Bretton Woods has helped dollar reserves - ECB
Collapse of Bretton Woods System caused significant upheaval of currency reserve trends, says ECB report
UniCredit hires former BAML trader
Former BAML FX/rates trader returns to the industry at UniCredit to head up rates and FX trading for CEE
SocGen appoints FX salesman in London
The French bank boosts ranks of FX real-money sales business in Emea
Widening fix window is not a magic bullet, industry tells FSB
Broad support for reforms, but industry makes varied counterproposals
Winn joins EBS as head of sales for Apac
Winn joins from 360T and will report to global head of sales Gerard Varjaques