News
BNP Paribas preps launch of Cortex single-dealer platform
French bank expects to launch its new platform early in the first quarter of 2012, following a 14-month development period
Banks dare to hope for calmer FX markets in 2012
Barclays Capital expects greater stability in the eurozone in Q1, but believes the euro will continue to depreciate
Trading places, December 12, 2011
Promotions and appointments at Advent Software, LCH.Clearnet, SGX and RBC Dexia
WEBINAR: Cloud computing a 'transformational technology'
New technology allows barriers to be broken down and new communities to be created, says Integral's Harpal Sandhu
Camilla closes record FX trade for Icap’s charity day
The Duchess of Cornwall closed a $27 billion FX trade between Barclays and Citi, believed to be the largest FX trade ever
Ex-EBS Toland to join LMAX
Icap's ex-head of EBS sales for Europe and North America will join LMAX as head of exchange strategy in January
ING appoints Hudd from BarCap for FX sales
Caroline Hudd will be based in London and report to Emeryc Kpenou
UniCredit FX under new management with Laffineur and Broeker
Bernd Broeker, formally global head of FX options at Nomura, becomes global head of G-10 FX and deputy head of FX
FX repository aiming for mid-2012 launch, says DTCC
Following the launch of the interest rate derivatives trade repository yesterday, the Depository Trust & Clearing Corporation confirms FX and commodities are the next priority
Saxo Bank reshuffles staff to drive platform development
Erik Bjørn Jensen is promoted from regional commercial officer to head of content strategy
FX Week Europe: FX clearing has taken an illogical course, panellists warn
Non-deliverable forwards are the current focus for FX CCPs and banks, but panellists point out the risk in those products is negligible
FX Week Europe: Algos prove their worth in volatile markets, say banks
By locating the best sources of liquidity and benchmarking execution to the rest of the market, algorithmic strategies add value in difficult markets, according to pioneers at Credit Suisse and Citi
FX Week Europe: Investors warned to be prudent on EM currencies
Senior strategists and currency managers warn emerging market currencies are no panacea to the troubles in the eurozone
Finch returns to DealHub to head new Singapore office
DealHub will open Singapore office in early 2012, under the leadership of former sales and marketing head Tim Finch
FX Week Europe: Eurozone survival discussion is premature, says academic
European leaders are "playing poker", but the game will last longer than a few days, says Brunel University's professor of economics
Gammage joins FXall from Citi
Citi's former head of G-10 e-commerce sales to head active trading for the Americas at FXall
Lloyds hires Grubb to head algo trading
Howard Grubb joins Lloyds Banking Group from BNP Paribas
Thomson Reuters restructuring hits FX as Glocer departs
A number of senior changes have been made to the vendor's foreign exchange matching business as part of a broader restructuring
Trading places, December 5, 2011
New appointments at Deutsche Bank, Barclays Capital and CME Group, while UBS chief risk officer steps down
G14 dealer group adds two members
Nomura joined the group at the end of August, while Crédit Agricole is expected to join in the first quarter next year - in part a response to regulator criticisms that the group had become too exclusive
Rationale for clearing all FX products is evident, say CCPs
Speakers at a conference in London discuss the exemption of FX swaps and forwards from mandatory clearing requirements
FX Week Europe: Decimalised pricing gaining traction
The advent of decimalisation on the majority of FX trading platforms has led to a number of challenges for traders, conference speakers argue
FX Week Europe: Prepare for worst-case scenario in the eurozone
Panellists at FX Week Europe discuss the implications for the forex market of a possible exit of one or more eurozone members from the single currency
FX Week Europe: TCA key to effective algo execution, says Shell
Paul Downie, Shell's head of liquidity and FX, explains how thorough analysis of all available execution data has been key to the firm's trialling of FX algo tools over the past year