News
First Derivatives yet to seal Cognotec deal
Work on a deal to buy troubled Irish software vendor Cognotec continues
Electronic volume spikes in January
Major electronic platforms reported monthly FX volumes spikes last month as the return of risk aversion boosted activity
Bankers question definition of 'prop trading' at Senate Volcker rule hearing
WASHINGTON, DC – Senior bankers and academics have questioned the feasibility of new rules to prohibit US bank holding companies from engaging in proprietary trading, pointing to the difficulty of defining the activity and the limited impact such a ban…
Forex revenues down at Deutsche
Fourth-quarter results slump on exceptional activity in previous year
Commerzbank loses two in sales
Senior departures from Commerzbank continue
Calyon and CIBC hires target emerging markets
Calyon and CIBC hires
Bank of Thailand's new FX stance points to baht rise
Thailand's central bank makes it easier for local firms to hedge currency risk
Trend followers suffer in January
RBS simulations of currency strategy results
Parker FX down in December
Currency managers caught out by US dollar reversal in December
Sybase acquires Aleri
Sybase announces today the acquisition of complex event processing (CEP) technology vendor Aleri on January 22.
Cognotec seeks buyer
Irish e-FX provider Cognotec, currently in receivership, is hoping to find a buyer
London dominates in forex
London tops rival cities, retaining its crown as the global hub for spot FX.
In Brief, February 1, 2010
Brief mentions
RBC Capital Markets: Chile hot in 2010
According to research published last week (January 27) by RBC Capital Markets, recovering copper demand from China, rebounding commodities and domestic reform should all prove positive factors for the Chilean peso this year.
Citi and Morgan Stanley live on CLS/Traiana JV service
Dealers act to cut costs and operational constraints
The next phase of liquidity access
As the spot foreign exchange market continues to grow, what are the main players saying about liquidity, trends and market consolidation?
Citi to increase Asia headcount by 10%
Citi to aggressively boost FX in Asia Pacific in 2010.
TXC adds Tokyo co-location site
High-frequency trader live on new service.
Morgan Stanley adds to London trading desk
Morgan Stanley expands foreign exchange team.