News
UK Lords committee takes on financial transaction tax
The model proposed by the European Commission for a financial transaction tax would not meet its objectives and the UK government should redouble its efforts to veto the proposal, says the House of Lords
Oanda unveils new social networking-based spot platform
Oanda's fxUnity platform, unveiled this week, is aimed at making FX trading simpler and more user-friendly for aspiring currency traders
SG CIB appoints new Fic sales heads
Albert Loo and Pascale Moreau have been promoted to head up fixed-income and currencies sales as part of a management shake-up at SG CIB
Francis leaves top sales role at RBS
Lisa Francis, head of UK and northern European FX sales, has left Royal Bank of Scotland
FXall appoints new Emea head as Warms departs
Mark Warms will leave FXall this week, having been with the firm since its inception, to be replaced by James Watson
Record Currency Management loses counterparty management head
Preeya Patel is to leave Record Currency Management after five years, and is understood to be joining Westpac
Gian-Luca Fetta takes FX lead at SG CIB
Société Générale Corporate and Investment Banking has promoted its equity flow co-head to run foreign exchange, following a number of recent departures
FX Invest April-June now LIVE!
Read about risk-adjusting exposure to the renminbi; growth of the electronic FX options market; Solvency II and currency risk management; profiles with UK'as Financial Services Authority and Allianz Global Investors
BNP Paribas expands in prime brokerage
Matt Pinnock will join in May as head of prime brokerage services for Europe and Asia
FXall appoints tech heavyweight as CIO
Steve Rubinow joins FXall from Nyse Euronext, reporting directly to Phil Weisberg
Isda working group close to finalising standard CSA
Latest proposal extends number of silos from five to 17, mirroring approach taken by LCH.Clearnet
Tradeo to launch with social trading network
New social networking site will allow FX traders to connect to their peers – and to trade
ITG eyes April launch for new FX TCA tool
Second iteration of the technology provider's transaction cost analysis tool for forex will launch in April, two years after the first version
Trade repositories consider connectivity options
With multiple trade repositories appearing in a number of asset classes, including foreign exchange, market participants are considering how competing repositories should collaborate to avoid data inconsistency. Chiara Albanese reports
Trading Places, April 2, 2012
New appointments at Macquarie, Numerix and the Swedish central bank, while SGX announces a major restructuring
Sprint to the finish line for would-be Sefs
With the clock ticking ever closer towards the G-20’s end-of-2012 deadline for implementation of over-the-counter derivatives market reforms, and some of the critical details of those reforms still not fully fleshed out, the scene is set for an almighty…
Canada clearing paper will not address CCP location question
A consultation on OTC clearing is expected in the coming months, but a key question will not be answered
Credit Suisse hires Lanzilotti in currency trading role
James Lanzilotti joins from UBS as head of US global currency trading
Guidance on central bank risk management is needed, says BoE’s Fisher
The Bank for International Settlements should provide guidance on best practice for central bank risk management, says the Bank of England’s Paul Fisher
Young joins Lloyds as FX options trader
Russell Young joins UK bank from Royal Bank of Scotland in London
Deutsche loses senior spot FX trader
Angus Greig has left Deutsche Bank in London
Senior EBS product managers depart Icap
Departures of Brian Andreyko and Chip Defilippo are understood to be part of a broader restructuring of the electronic broking business
FXCM hires currency broker to sell on DCX
Scott Sillitoe has joined FXCM from BGC Partners
JPM's Foster joins Nomura to head G-10 spot
Antony Foster joins the Japanese bank from JP Morgan