News

Calypso signs Record Currency Management

LONDON - Currency specialist Record Currency Management will go live with middle- and back-office systems from Calypso in the third quarter, following a nine-month implementation process, the vendor announced today (April 12).

Loonie tunes into US dollar parity

The Canadian dollar breached parity with the US dollar for the first time in almost two years last Tuesday (March 6), and traders said the Canadian currency is set to test new highs for the year.

29West upgrades Gateway

CHICAGO – Messaging technology provider 29West, which was recently acquired by California-based integration software vendor Informatica, is planning to release a new version of its Gateway message-routing product to early adopters this quarter, which…

Casini quits RBS

Enrico Casini, head of institutional foreign exchange sales for Europe, the Middle East and Africa and head of central banks sales, left Royal Bank of Scotland last week, say internal bank sources.

Morgan Stanley: Prioritising FXPB

Competition in the foreign exchange prime brokerage market remains competitive, as new businesses fill the vacuum left by the withdrawal of incumbent providers and clients spread counterparty risk following the 2008 credit crisis.

Traders position for yen weakness

LONDON - The close of the Japanese financial year sparked a flurry of activity at options desks last week, as speculators and hedgers bought USD/JPY calls with expectations for the yen to continue its losing streak versus the greenback.

UBS loses three in sales

LONDON & STAMFORD, CT - UBS has lost three salespeople on both sides of the Atlantic in the past fortnight. All are due to set up shop at rival camps.

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