News
Corporate sales head exits Citi
Head of FX sales to UK corporates has left Citi in London after 14 years with the bank
Swedbank’s head of FX to move to new role
The global head of FX and fixed income at Swedbank will become chief executive of the bank's asset management business on January 28
GFI Fenics repositions FX options platform as it targets Sef licence
Two years after it was launched, Fenics Trader is to be renamed GFI Direct and operated directly as a GFI subsidiary – a move intended to support its bid for Sef status
Saxo Bank launches FX prime brokerage for institutional clients
The Danish bank will launch FX Prime on January 23, having developed the service in collaboration with MarketFactory
Credit Suisse hires ex-Barclays e-FX salesman
New head of electronic sales for Emea joined Credit Suisse in London last week, reporting locally to Rob Maher
Banks invest in future of Traiana with 12% stake
Seven banks have bought a collective 12% stake in Traiana - which has been valued at $300 million - earning them a valuable seat on the company's new board of directors
C-View hires industry veteran to run new rates product
Nick Beecroft started at the UK-based currency manager today and will retain his role as non-executive chairman of Saxo Bank's London board
Mexican peso poised to dominate EM currency trading
Asian investors have been diversifying into EM currencies for some time, with the Mexican peso performing particularly well, but despite the potential for enhanced yield, emerging markets are not devoid of risk, banks warn
FX options clearing analysis in final stages
The GFMA's global FX division is understood to be close to completion of its analysis of five years of options trading data - a project that is intended to lead to a solution for options clearing
TraderTools preps new technology as it decouples from smartTrade
TraderTools will roll out a new platform by the end of Q1 in an effort to cut latency and ensure its independence as a forex technology vendor
Trading places, January 14, 2013
New appointments at Barclays, BlueMountain and the FIA, while Morgan Stanley FX prime brokerage co-head relocates to London
FXall trading volumes surpass EBS
Multi-bank trading platform bucks falling volume trend
US CFTC fines Chicago-based RJ O'Brien & Associates $300,000 for supervision failures
Futures broker pulled up for failing to uncover fraudulent activities of introducing broker, marking the extension of accountability
Senior relationship manager exits Thomson Reuters
Head of interdealer broker relationship management has left Thomson Reuters after seven years
Banks told they will not benefit from Basel LCR delay
National supervisors tell banks not to lower liquidity buffers, with market forces also pushing banks towards 100% compliance with measure
FX portfolio manager exits Armajaro AM
Former Brevan Howard trader James Whitehead has left hedge fund manager Armajaro after just over two years
EBS appoints Integral co-founder as CTO
Viral Tolat joins EBS in New York as chief executive Gil Mandelzis continues his ambitious expansion plans for the flagship FX platform
Barnes takes over FX options at RBS
Mark Barnes, formerly global head of FX at Royal Bank of Scotland, has taken on additional responsibility for FX options while Richard Fawcett is on leave
DTCC forex repository hits launch deadline, despite bank delays
The DTCC has today launched its global trade repository for FX in line with CFTC deadlines, although dealers now have until February 28 to begin reporting
Retail foreign exchange brokers continue to diversify into CFDs as volumes fall
Online trading companies move to expand revenue streams as low volatility hits volumes
SEB makes three senior promotions in FX
Shaun Barham is relocating from Singapore to London, while Erik Bauer moves from Stockholm to New York to run FX, fixed income and equities
FX investor sales head to leave ANZ
Thomas Mummert is to leave ANZ in Singapore after two years
JP Morgan goes to market with new cross-asset platform
JP Morgan Markets, a new platform unveiled this week, will ultimately incorporate more than 30 existing platforms into a single client offering
Gelber's Swiss chief joins Stone Milliner
FX industry veteran has joined Stone Milliner as a portfolio manager in Zurich