News
Trading Places, July 25, 2011
Appointments at TwoFour, SecFinex, DealHub, Berenberg and Alexander Forbes, while Credit Suisse reshuffles private banking heads in Asia
Credit Suisse recruits Amanti to run FX structuring in Asia
Amanti joined Swiss bank in Singapore earlier this month after leaving Barclays Capital
Société Générale to provide options liquidity to FX Bridge
French bank is integrating systems with US-based vendor’s ProTrader Plus platform
FX Week USA: Prime brokers braced for change under mandatory clearing regime
FX prime-brokerage heads at BAML and UBS confirm their intention to ease operational challenges for clients under new regulations by offering a single point of entry both for cleared and non-cleared trades
Gammage leaves Citi amid slew of FX layoffs
Global head of G-10 e-commerce sales has been made redundant, 18 months after joining, along with around 20 others in FX globally
Nomura loses Corbett and Selby
Departures follow that of James Pearson earlier this year
Lloyds hires Chatterton from Thomson Reuters
Richard Chatterton joins Lloyds Bank to run its FX electronic platform.
FX Week USA: Regulation both good and bad for the end-investor
Panellists agree mandated use of CCPs and exchanges could attract investors but will also raise costs
Brian Schlosser to join BAML from Citi
Options trader will report to Rob Ettinger, who joined from JP Morgan in March
FX Week USA: Niche services rather than volume set to dominate FX
Conference speakers discuss the changing nature of the foreign exchange market, and agree successful providers in future are likely to be those that can offer a range of niche services rather than those with the highest volumes
FX Week USA: Recovery has taken a nose dive, IMF warns
Monetary and capital markets deputy director Christopher Towe tells conference delegates that ongoing vulnerabilities could sow the seeds of the next crisis
Multibank options platforms proliferate
Alpari’s Daniel Skowronski admits sourcing liquidity has been a challenge since the firm’s options trading platform went live in March
Trading Places, July 18, 2011
Departures from RBS and BNP Paribas in London and New York as Credit Suisse hires in AES sales in London
DTCC, Swift reveal details of repository plans
Swift will provide its existing FX derivatives messaging traffic while DTCC will leverage its expertise in the provision of repository services, the two firms have told FX Week
Hungarian regulator suspends iForex licence
Hungarian FSA raises concerns over iForex's risk-reporting to clients and strips licence for six months
BarCap loses three in sales and trading
Asif Khattak, Richard de Meo and Matt Gardiner have all left Barclays Capital
Jawitz joins FXall to lead options
Eric Jawitz has joined FXall from Calypso to head the firm's options business
Brides joins Citi from Goldman Sachs
FX spot trader will report to Rohan Ramchandani
HSBC gains and loses in FX sales
Alex Scountjos joins from Barclays Capital and Yorke O'Leary from Goldman Sachs
Nick Donovan departs Goldman for Deutsche
FX salesman to join Deutsche Bank in Asia, but exact role not yet known
BNP Paribas confirms research appointments
Saywell and Attrill will head FX strategy in Europe and North America respectively, following departures earlier in the year
Grensted parts company with LCH.Clearnet
The clearer's head of business development - and one of SwapClear's architects - left the firm on July 8
Icap hires Mark Price as COO
Ex-Deutsche chief operating officer will join Icap on October 3, replacing Mark Yallop