News
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
Senior spot trader departs Deutsche after closure of prop desk
Deutsche Bank last month shut down its proprietary FX trading desk in London, leading to the departure of the senior trader who ran the desk
Macro sales head departs RBC Capital Markets
Royal Bank of Canada's global head of macro FX sales in London is leaving the bank
Participants encouraged by Thomson Reuters’ FX management changes
Phil Weisberg, who has been appointed global head of FX at Thomson Reuters, is widely seen as a strong appointment but will face challenges in his new role, say senior traders
Trading places, January 7, 2013
New hires at Commerzbank, SG CIB, C-View and Progress Software
SNB to open Singapore branch to support FX activity
Swiss central bank has diversified its reserves into a number of Asian currencies in recent years and will open an office in Singapore by mid-year
Saxo appoints new Amsterdam chief
Job Barth is to run the bank's operations in the Netherlands after former co-heads depart next month
Knight Capital and Getco merger to close in Q2
The merger of the two firms, which was announced on December 19, will see FX trading platform Hotspot FX fall under new management
CBA hires head of FX for the Americas
Commonwealth Bank of Australia has hired Joe Cardello from Jefferies Bache in New York
Weisberg to head FX at Thomson Reuters as Singh departs
Phil Weisberg, FXall's chief executive, has been appointed global head of FX at Thomson Reuters, while FX architect Jas Singh is to leave the company after 10 years
Asian currency hedgers to be hit by ‘fatal flaw’ in new accounting rules
A major change is needed to correct new hedge accounting rules that could restrict derivatives use by Asian firms hedging their foreign currency exposures
Advanced Markets expands in institutional FX sales
Karma Tenzing joins Advanced Markets to work in FX sales, just months after the vendor entered into the FX market in September
Mifid delays cause frustration in OTC markets
Delays from the Council of the European Union in finalising its stance on the Mifid review mean the crucial trialogue negotiations are unlikely to commence before the second quarter, much to the frustration of market participants
CRT Capital hires senior trio to run FX desk
The Stamford-based broker-dealer has been developing its FX business for the past year, and hired three experienced professionals to run it
NFA demands $3.3 million from FXDD
Regulator forces margin forex broker to set aside funds to meet client repayment fines ahead of guilty verdict
FXCM promotes Hampton to head options sales
Anoushka Hampton has been appointed global head of FX options sales at FXCM in London
360T Americas chief executive departs
Philip Harris has left the FX trading platform provider after four years
LMAX management team buys majority stake from Betfair
Management buyout will give LMAX Exchange the necessary flexibility to evolve into a leading FX venue within three to five years, says chief executive David Mercer
JP Morgan Private Bank hires Barclays FX strategist
Sara Yates joins JP Morgan as global currency strategist for the private banking FX and commodities business
Trading places, December 10, 2012
New hires at Integral, the SEC, Chi-X Australia and the DTCC
SuperDerivatives to launch low-cost market data platform
DGX is aimed initially at corporates, private banks and investors, and will provide low-cost market data across all asset classes
Has last look had its day in FX?
Last look remains a divisive issue in the foreign exchange market, but some platform providers believe it has had its day and is no longer necessary for banks