News
DealHub launches proximity hosting for FX trading systems
Co-location in Equinix data centres has already gone live for customers in London, and will go live in New York in the coming weeks
Best Banks 2011: Deutsche Bank and Citi top poll
Deutsche Bank is voted best bank overall for FX for the third successive year, but Citi and UBS have powered back up the rankings to claim second and third place
Trading places, November 28, 2011
Changing roles at Nomura, Deutsche Bank, Citi and the FOA
Standard Chartered to roll out enhanced core custody platform
STANDARD CHARTERED IS upgrading its client offering by developing an enhanced core custody, settlement and safekeeping system. According to Standard Chartered, the core platform will give greater automation, customisation, direct market interfaces and…
FX Invest December 2011 edition now LIVE!
With no real solution in sight for the eurozone sovereign debt crisis, volatility of volatility in currency markets is likely to remain elevated, driving up requirements to manage currency exposures in international portfolios.
Bank of England sets out code of practice on electronic trading
Members of the FX Joint Standing Committee comment on the recently reviewed Nips code, which includes a new section on electronic trading
Lloyds appoints Coote head of spot
UBS's former global head of spot will join Lloyds on December 1
FXall stays on top as it moves towards IPO
FXall is ranked best professional e-trading venue for the second successive year as it prepares to go public in 2012
ANZ holds top spot for Aussie dollar
The Australian bank has invested both in people and technology over the past year, with a focus on growing its operations in London
Morgan Stanley Smith Barney increases managed futures allocation
Managed futures have low correlation to markets and perform well in difficult times, says MSSB. Choppy markets and frequent trend reversals created a difficult environment for the strategy this year.
Hedge fund redemptions rising for year end although in line with previous years
Despite the impact of turbulent markets and poor performance, hedge fund redemptions remain similar to 2010 levels. There are no signs of unusual investor activity, GlobeOp reports.
StanChart’s global head of Ficc departs
Remy Klammers has left Standard Chartered and is understood to be starting his own business
RBS adds bank sales to US e-commerce role
Matt Thomas, head of Ficc e-commerce in North America, is to take on responsibility for aligning the bank’s electronic product with the needs of bank clients
BNP Paribas hires Boehler to head institutional sales
Adrian Boehler will join in mid-December, having left HSBC in June
Upadhyaya to leave BAML
Strategist joined US bank from Putnam Investments in 2010 and will return to the buy side next month
4Cast hires six to work in London sales
New salespeople will report locally to head of sales Scott Bayliss
Simone Andre leaves HSBC sales role
Andre's departure is part of the bank's cost-reduction exercise, which has already made a number of FX sales and trading roles redundant
O'Sullivan quits Société Générale CIB
Co-head of FX trading has left the French bank after relocating to New York earlier this year
RMB diversification is ‘strategic’ says Nigeria’s central bank governor
Lamido Sanusi explains why he made the decision to convert 10% of the country’s reserves into renminbi
ADS Securities to provide liquidity through Integral
Start-up brokerage has connected its API to Integral and expects to execute first trade with an Australian client within days
Trading places, November 21, 2011
New appointments at ANZ, ICI Global and Bats Europe, while Gain Capital's CFO departs
Barclays Capital loses two FX traders
John Erratt and Reg Mehta leave the bank in London
Babich departs HSBC as cuts hit FX
Dean Heiden, Chris Bolton, Ted Mermel and Lily Han have also left FX sales roles in London and New York as part of HSBC cuts
Riccardo Rebonato quits RBS for Pimco
Ex-head of front-office risk management and quantitative research will join Pimco on December 1 as head of rates and FX analytics