News
Connors to head FX sales at BAML
Position became vacant after Vinit Sahni, head of rates and currencies sales for EMEA and global head of hedge fund and central bank sales, took sabbatical leave
Thomson Reuters to quit FX options matching business
Resources will be diverted to Eikon platform upgrade, with new trade capabilities to be offered in FX options
Econ in favour of FX exemption
European committee favours US plans to exempt currency derivatives from clearing requirement
Portlock head of Asia spot FX at Commerzbank
He had recently left UBS, where he was executive director in spot foreign exchange trading
Smith joins CIBC as executive director from BaML
Quentin Smith moves from BaML to CIBC in executive director role
Wee new head of e-sales at Standard Chartered
At Deutsche Bank she has been replaced by David Wilkins, new head of electronic foreign exchange sales for Asia
Saxo targets new traders with ForexTrading.com
Danish bank says it wants to cater for 'more self-driven' clients
Social FX trading grows, brings more transparency to retail market
After the success of its 'trade leaders' programme, Currensee looks with interest at other asset classes
Renminbi set to outdo yen in offshore trade, brokers say
Liberalisation of Chinese currency laws is attracting investors to a fast-developing market
Citi goes live with Fix API
Bank announces first customer for spot FX pricing plug-in
Head of FX trading quits Nomura
James Pearson had joined the Japanese bank from Lehman Brothers in 2008
Saxo steps up options pricing on SaxoTrader
Danish investment bank reduced spreads on FX options in mid-May and created new standardised account structure
Central banks in 'uncharted waters', Lamfalussy tells ACI Congress
Former BIS chief recognises challenges facing central banks, but praises the ECB for its performance during the financial crisis
Deutsche Bank launches DXY ETNs
Now listed on NYSE Arca as UUPT and UDNT
Katz quits StanChart for BBVA
FX trading head will remain in Hong Kong with the Spanish bank
Deutsche's Autobahn spin-off plan shelved
Dodd-Frank caused Deutsche to look at reinventing its Autobahn platform as a Sef – but dealers now see a future for their platforms as price aggregators
Industry welcomes European Parliament recognition of FX
Amendments in Econ version of regulation stress the importance of settlement risk and existing market infrastructure
Barclays Capital promotes White
Ian White becomes head of European corporate e-FX sales
CCPs should become direct members of CLS, poll suggests
72% of poll respondents call for CCPs to join CLS to ensure settlement risk continues to be effectively managed when mandatory clearing is introduced
Sahni sabbatical creates vacancy at BAML
Possible replacement could be ex-Goldman Kevin Connors
Gain Capital targets mid-tier investors with prime-brokerage offering
Online FX broker steps into prime brokerage with GTX Direct platform
HSBC loses Boehler and Smart in London
UK bank also appoints Danny Wise from Barclays Capital and Steve Rendon from Morgan Stanley