News
Ogg’s new venture to tap 'huge' demand for best execution in FX
Industry veteran targets lack of technology to allow institutions to be sure of achieving best execution in foreign exchange
Thomson Reuters names new sales and trading head
Shanker Ramamurthy succeeds Mark Redwood, who left last year
Sandoz to replace Yanez as Credit Suisse FX head
Steven Yanez will retire from the Swiss bank next month after 18 years
South Korea imposes cap on FX forward positions
Joint statement made by Korean authorities on May 19
CFTC rulemaking narrows field in repository race
CLS decides not to pitch to become FX repository provider after CFTC rulemaking demands extra granularity and timeliness in data reporting
Bank race for offshore renminbi gathers pace
RBC Capital Markets goes live with CNH platform as Deutsche Bank claims new records
Cloud Trading Technologies adopts Microsoft cloud for FX product set
Cloud FX will leverage Microsoft's Azure cloud technology to deliver FX trading applications in a virtual format
JSE to launch exotic can-do currency options
Move follows the successful launch of any-day expiry options in February
Retail FX poised for further growth in Asia, says Aite Group
Aite Group identified demographic trends, internet penetration and potential returns in financial turmoil as the key drivers for the strong performance of retail platforms
CME plans to clear all FX products, despite probable exemption
Swaps and forwards will be part of the exchange group's FX clearing initiative as banks will need to clear them if used to hedge an option
Standard Chartered hires Thorpe and Donnelly to head G-10 spot
Asian bank appoints G-10 spot trading heads from JP Morgan and BAML
MF Global hires Kemp and Olesen to drive fresh strategy
Citi veterans will take senior roles in New York and London as MF Global repositions itself as an investment bank
FX derivatives volume grew by 9% in H2 2010, says BIS
Total notional OTC volume across asset classes rose by 3%, having contracted by 4% in the first half of the year
BNP Paribas hires Nash from Barclays Capital
Move follows relocation of James Davison to New York in January
Haley leaves CIBC in London
Institutional sales head has left Canadian bank
BAML's John to join Citi in spot trading
Anthony John has left BAML alongside senior FX trader Graeme King
Swiss franc: safe-haven currency?
With banks widely recognising US dollar weakness and uncertainty over the eurozone as an ongoing trend in FX markets this year, Miriam Siers talks to currency strategists about the prospects for the Swiss franc
Duffie paper sparks debate over credit risk in FX swaps and forwards
Market participants respond to calls from academic Darrell Duffie for more analysis before finalising exemption of FX swaps and forwards from clearing requirements
State Street admits to SEC pricing probe
SEC is investigating State Street over its FX pricing as part of ongoing regulatory probe into overcharging by major custodians
Thomson Reuters rolls out Dealing Aggregator
FX aggregation service aimed at customers trading on the Thomson Reuters Dealing platform
Di Clemente quits UniCredit for Daiwa
Japanese bank hires Di Clemente to senior FX role in Hong Kong