News
Morgan Stanley multi-manager platform goes head-to-head with Deutsche and Citi
FX Gateway, launched this week, will leverage Morgan Stanley’s prime-brokerage and distribution capabilities and give institutional investors direct access to up to 20 currency managers
The Canadian dollar: to hedge or not to hedge?
The Canadian dollar weakened significantly against the greenback in the last two weeks of September, moving from parity on September 21 to 1.0461 on September 30. Farah Khalique talks to currency strategists about what’s driving the Canadian dollar’s…
Gain launches new voice-trading desk
Gain Capital's GTX institutional offering adds a new phone-based execution service
Madar promoted global head of corporate FX sales at Deutsche Bank
Fabio Madar takes global head of corporate FX sales role
Buy-side firms await regulatory clarity
Many buy-side firms are still holding back on introducing systems and processes for central clearing – but time might be running out
Deutsche Bank rolls out FX swap orders on Autobahn
New swap order functionality went live for all users of Autobahn on September 19
LCH.Clearnet eyes November launch for NDF clearing
London-based CCP is set to launch clearing for NDFs in six currencies in mid-November, having shelved plans for options clearing while banks discuss settlement-related issues with regulators
Reynolds leaves SG for asset manager
Adam Reynolds leaves Société Générale to join The Cambridge Strategy in Hong Kong
Hamilton joins VTB in London
Philip Hamilton joins Russian bank from Goldman Sachs
Leuschke joins Westpac in Auckland
Former RBS global head of FX sales joins Westpac in his home country, New Zealand
Walsh joins Lloyds to sell to alpha-generating FX clients
Mike Walsh joins from RBS, where he was head of FX sales to hedge funds
HFT is changing the ecology of the FX market, says BIS committee
Bank for International Settlements report on high-frequency trading in the FX market is lukewarm about recent initiatives to monitor HFT and recommends further analysis by regulators and participants
HSBC targets booming global demand for Asia products
HSBC has appointed Apratim Chakravarty as managing director and head of offshore Asian product distribution, global markets Asia-Pacific.
Short volatility strategy pays off in August
Currency managers going short volatility in August would have been top performers, benefiting from a spike in volatility towards the end of July from the dual effect of the US and European sovereign debt crisis, according to research from Royal Bank of…
CitiFX launches multi-manager platform for investors seeking currency alpha
Citi launched a new multi-manager platform called CitiFX Access on September 14 that aims to facilitate investment in foreign exchange managers via multi-strategy benchmark and actively managed indexes licensed from industry index sponsors.
Read the new edition of FX Invest now!
If anyone needed any more reason to seriously think about employing a foreign exchange policy, then September should just about have done it.
Demand for euro puts surges as crisis deepens
Investors and speculators pile into euro put strategies as eurodollar spirals and further depreciation is predicted
e-FX success hinges on user experience as much as pricing, say banks
Lloyds Bank Corporate Markets became the newest entrant to the e-commerce space earlier this month with the launch of its Arena platform. Miriam Siers talks to banks and technology firms to find out what differentiates platforms in this competitive space
RBC to roll out cross-asset e-trading platform
RBC DX will replace incumbent platform and cover FX, fixed income, money markets and deposits, officials tell FX Week
Trading Places, September 26, 2011
New appointments at Nomura, Ice Clear Europe, Thomson Reuters, the LSE and the LME
Regulation will reshape FX liquidity, says Rule Financial
Uncertainty about regulatory changes could hurt liquidity in the first instance, but the advent of Sefs might cause trade volumes to rise, according to consultants
MarkitServ beefs up FX offering with Logicscope acquisition
Tie-up of two vendors will accelerate MarkitServ's push to offer FX clearing services including trade matching and connectivity to clearing houses
BBVA gains FX salesman from HSBC
Steven McEvoy joins Spanish bank in institutional FX sales