News
Credit Suisse concentrates Asia FX in Singapore
The Swiss bank is seeking to focus its FX business for the region in one location, except for small teams in Tokyo and Hong Kong
Icap pushes into disclosed FX liquidity with EBS Direct
The launch of relationship-based pricing through EBS has attracted support from 19 named liquidity providers and will bring the platform into direct competition with ECNs and technology vendors
Saxo Bank cuts 266 jobs
Danish bank becomes latest victim of tighter regulatory controls on margin and contracts-for-difference trading
Thomson Reuters beefs up post-trade business with senior appointment
Former Bloomberg product manager for FX e-trading has joined rival vendor Thomson Reuters to head post-trade product strategy
Roger Hawes exits RBS
Former head of Ficc e-commerce has left the bank, a year after he spearheaded the relaunch of its trading platform, RBSMarketplace
Trading places, November 26, 2012
Credit Suisse restructures its senior management team, while State Street's chief financial officer will retire next year
FX Invest latest edition now available
Read the about the latest developments in forex and cash management; alpha vs beta in currency; the true value of high-frequency trading and the challenges facing the emerging markets
FX Week Europe: Aggregation here to stay, say tech providers
The growing fragmentation of trading venues and liquidity streams means the demand for aggregation is as strong as ever, say speakers at FX Week conference
FX Week Europe: Op risk requires greater focus in FX post-Sandy
Investment in business continuity and the robustness of electronic platforms is increasingly important in the light of Hurricane Sandy, say conference speakers
FX Week Europe: Corporates go back to basics in tough market conditions
Regulatory change and the increasing costs arising from credit risk mitigation measures on the sell side are a growing concern, according to four corporate treasurers that spoke at the FX Week Europe conference
Euro will survive and RMB will be convertible by 2017, say industry leaders
Speaking in the final panel discussion at the FX Week Europe conference, senior market participants made their predictions about how the FX market will evolve over the next five years
Credit Suisse e-FX sales co-head departs
The latest exit from Credit Suisse's FX sales team is its co-head of e-FX sales for the Americas
Deutsche creates Fic division under Amrolia and Felson
Zar Amrolia and Wayne Felson have been appointed co-heads of a new fixed income and currencies division at Deutsche Bank
Margin for longer-dated uncleared FX would be unpopular, FSA official admits
While the idea behind a maturity threshold for FX collateral requirements makes sense to regulators, FSA speaker at FX Week Europe recognises the industry's opposition
FircoSoft expands its solutions within India through its new partner Peocit
Transaction monitoring technology gains traction in India
Alpari registers in New Zealand, signalling pursuit for safe-haven markets
Retail brokers pushes out to New Zealand
FX Week Europe: Global consistency essential for FX regulation
Regulators in Europe must follow the Treasury's lead in exempting FX swaps and forwards from new regulatory requirements, argue speakers at FX Week Europe
Denmark’s Jyske Bank to roll out Progress/Caplin FX platform
Jyske Bank is implementing a new single-dealer platform for FX, based on technology developed by Progress Software and Caplin Systems
FX Week Europe: Uncleared FX not necessarily more risky, says BoE’s Cross
Proposed rules could result in relatively vanilla FX products attracting disproportionate margin and capital requirements, says BoE FX division head
Low volatility driving FX turnover down, says Bank of England FX chief
Speaking at the FX Week Europe conference, Michael Cross explains why turnover in FX spot is declining for the first time in a decade
Europe not obliged to follow US on FX exemption, warns senior MEP
The European Parliament's position on FX is that it should be included in the scope of organised trading rules under Mifid, vows Markus Ferber MEP
People moves
Roundup of the latest hires in investment management and central banks
Report blames Corzine’s strategy for MF Global collapse
Chief executive of collapsed broker at fault for risky strategy that destroyed company, House subcommittee says