News
Patel joins BMO from TD Securities
Former euro and Swiss frank trader takes on senior FX role at Canadian bank
Manwaring quits options role at HSBC
Departure in London comes a week after derivatives trader Howard Buckley resigned from HSBC
Trading Places, April 11, 2011
Read this week's trading places to catch up on people moves across the FX world
Barclays Capital loses three in London
Persson, Jugniot and Roos have left Barclays
Asian legislators await international clarity on OTC and FX regulation
Market participants suggest authorities in Asian countries are unlikely to make decisions on OTC regulation and the treatment of FX contracts until the rules become clearer in the US and Europe
EBS decimals move has divided the spot market, admits Icap
Interdealer broker tells conference delegates it has made both friends and enemies by introducing decimalised pricing on major currency pairs
Drew Bradford to take top role at NAB
Deutsche Bank's global head of listed derivatives will move to Sydney to lead trading, financial institution sales and research at NAB
Credit Suisse appoints prime-brokerage sales head in Asia
Patrick Marchesi joins Swiss bank from Barclays Capital, relocating from London to Singapore
FX Invest North America: Beware of EM risks, buy side warns
The danger of not being able to unwind a position in an illiquid currency during a crisis could outweigh the possible returns in many cases, according to conference delegates
FX swaps and forwards headed for exemption, argues former bank clearing head
John Wilson, who left RBS earlier this year, expects FX to be exempted from clearing but expresses concern about outstanding issues in US and EU derivatives legislation
EU Council disputes Esma’s power to determine clearing eligibility
Legal precedent suggests European Commission might have to determine which contracts should be cleared under new derivatives rules, rather than Esma as originally planned
Velentza to head EC’s new financial stability unit
Ugo Bassi to take over as head of securities markets and Mifid review
CBA completes first phase of FX systems overhaul
Commonwealth Bank of Australia's Baxter e-FX platform set to go live this week
Start preparing now for regulatory change in FX, warns research paper
Report shows banks have an understanding of global regulatory changes but are failing to grasp the implications for their business
BAML promotes Antico to head G-10 trading in New York
Promotion will take effect in August when Craig Reynolds joins the bank from Goldman Sachs to head North American rates trading
Trading Places, April 4, 2011
Read this week's Trading Places to catch up on people moves across the FX world
Strategy duo quits BNP Paribas for Morgan Stanley
Redeker and Stannard to join Morgan Stanley's FX strategy team in London in the middle of 2011
LCH.Clearnet confirms FX options clearing for 2011
Annual results confirm significant investment in developing clearing services for FX options
CBA hires four in London and Sydney
Héritier and Hellard join in London sales, while Loong and Pruscino join in Sydney
WallStreetdocs pitches document search engine to banks
Document automation specialist to launch new offering next month
FXall to roll out buy-side benchmarking tool
Move follows a similar product launched in partnership with ITG in May 2010 that has seen limited adoption among buy-side firms
Athanasopoulos replaces Adler at UBS
Arie Adler leaves top FX post in New York, but plans still unknown
UBS loses Portlock in Singapore
Head of spot FX trading leaves the Swiss bank
BNP Paribas goes mobile with e-commerce platform
French bank invests in electronic and social media strategy