News
Isda delays FpML version 5.0
Isda is running behind schedule in releasing version 5.0 of its financial products markup language (FpML).
ETF Securities diversifies into EM
Emerging market currencies added to ETF's products
Jerome departs StanChart
Global head expected to re-emerge at Morgan Stanley
WestLB makes key trading hires
German dealer in trading build-up
BarCap eyes number one spot in FX
UK dealer outlines 2010 ambitions
RBS resignations prompt restructure
LONDON & STAMFORD, CT - Royal Bank of Scotland (RBS) has implemented a new structure for its sales and trading business today (February 15), following the departure of two senior managers in London last Friday (February 12).
BoAML realigns FXPB into multi-asset business
Zia quits Bank of America Merrill Lynch
Morgan Stanley snaps up CFH for FXPB
Morgan Stanley signs key client amid aggressive build-out
MAS lifts structured notes ban for DBS, Malayan Banking and RBS
Regulator eases controls as dealers improve risk systems
Greek woes revive seven-year old Goldman swap story
The Greek debt crisis has refocused attention on a controversial swap trade first reported by Risk in 2003. The deal, completed with Goldman Sachs in 2002, effectively allowed Greece to borrow roughly €1 billion without adding to its public debt figures…
First Derivatives pays $4.7 million for Cognotec IP
First Derivatives is paying $4.7 million to snap up the key assets and intellectual property of bankrupt Irish FX software provider Cognotec. The deal was signed last night (February 14), just two weeks after Cognotec was placed into receivership on…
CME reports record volumes
Greece crisis boon for exchange
Thomson Reuters steps into DMA with Aegisoft buy
NEW YORK - Thomson Reuters has filled out its trading platform portfolio with the recent acquisition of execution management system provider Aegisoft.
Traders pile in for euro protection
Traders are still snapping up protection against a collapse in the euro.
Algos boom on retail trading platforms
Dealers still pick up from collateral constraints
Beta-Gamma Research unleashes Trigger Trader
New FX algo product aimed at mid-tier banks launched
BoAML says goodbye to Harmon
NEW YORK - Bank of America Merrill Lynch (BoAML) is continuing to shake up senior management with a departure and twin promotion, effective last Tuesday(February 9).
UBS Q4 forex revenue fails to shine
A 2009 loss at the Swiss bank triggers a bonus clawback and, despite moving into the black overall in the fourth quarter, investment revenue from the FX division shrinks.