News
Hildebrand scandal leaves Swissie expectations broadly unchanged
Swiss National Bank expected to hold EUR/CHF floor following governor's resignation, but an increase from 1.20 might now be delayed
ACI FX committee adds corporate members
Representatives from Google and Ericsson join the FX industry association
Ex-RBS options trader moves to Crossbridge Capital in Singapore
Galen Murphy left RBS last year with Nick Gentle and Pauric Hanna, who are now at UniCredit and CIBC respectively
Newedge hires Roper in FX sales
Andrew Roper joins Newedge from UniCredit, where he worked in FX institutional sales
Tarun Jotwani to leave Nomura
Global head of markets is made redundant from the Japanese bank
Morgan Stanley cuts hit FX sales and trading
Job cuts at the US bank claim four salespeople and two traders in New York and London
Rabobank hires FX strategist in London
Christian Lawrence joins from RBC Capital Markets, and reports to Jane Foley
LCH.Clearnet hires options technology head from BAML
Emanur Rahman will report to CIO Tom Zschach, who also joined from BAML last year
David Knott departs SG CIB
Co-head of flow fixed income and currencies is to leave the French bank, according to memo circulated this morning
Markets braced for tough 2012 in FX
Market participants share their expectations for a challenging year ahead in the foreign exchange industry
Increase in Swissie floor still on the cards, say strategists
Currency analysts expect the EUR/CHF floor could rise 1.25 or 1.3 by the end of March
Fidessa rolls out FX trading on execution platform
Users of Fidessa's buy-side workstation can now trade more than 1,300 currency pairs, following integration of FX trading in Q4
Trading places, January 9, 2012
New appointments at Alpari, FXecosystem and LCH.Clearnet, while SG CIB unveils a new management structure
UniCredit appoints Gentle in FX options
Nick Gentle joins from RBS and will report to Peter Jerrom and Bernd Broeker
Scott Fitzpatrick departs GFI Group
GFI's brokerage client relationship director is relocating to New York with his family, but his professional plans are not yet known
ING moves US-based FX trading desks to Europe
The reorganisation will affect roughly 40 employees and is part of the bank’s preparation for new capital requirements
Citi’s Jones to relocate to London
Simon Jones to head up FX e-trading across G-10 and emerging markets
Drysdale joins RBS from Goldman Sachs
Trader will work in currency options in London, reporting to Richard Fawcett
Corporates fear move to platform trading for FX options
Despite being exempt from clearing and exchange trading requirements in the US and Europe, some corporate treasurers fear they might have little choice but to execute FX options on electronic platforms
US dollar set for safe-haven flows in 2012, according to industry poll
According to 36% of respondents to FX Week’s latest online poll, the US dollar is the only real safe-haven currency, while 33% suggest there is still some promise in Nordic currencies
Chad Smith joins Faros Trading from RBS
Former bank sales head joined Faros on December 1 and reports to Brad Bechtel
BMO hires Richard Brook in spot trading
Ex-JP Morgan trader will start at Bank of Montreal in January
Global FX division kicks off outreach programme on trade reporting
Industry outreach sessions focus on preparing institutions to meet reporting requirements for FX contracts, as final CFTC reporting rules expected next week
Bank of Tokyo-Mitsubishi UFJ expands in FX sales
Moritz Knickrehm and Matthieu Gloux have joined the Japanese bank in London