News
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.
RBS deepens commitment to Asia
Royal Bank of Scotland adds in Singapore.
JP Morgan restructures FX trading and sales
JP Morgan looks to expand presence in EMEA.
Trading Places, February 1, 2010
Trading Places - people moves
Operational efficiency pays off for UBS
Z/Yen releases survey results for 2009
Banks pull out of PRDC market
Dealers exit as hedging costs surge
BoA Merrill hires in Asia
Vinit Sahni and Ben Rosswick join BoAML.
FX volumes bounced back in 2009
Foreign exchange daily trading volumes rise in 2009.
Thomson Reuters to launch hosted RMDS for Tokyo and Frankfurt
Data and technology heavyweight acts to cut latency.
Trading places, January 25, 2010
Trading places
StreamBase revamps CEP
Technology vendor in CEP upgrade
Banks banned from prop trading under Obama plan
Financial institutions that own a deposit-taking bank could be forbidden from conducting proprietary trading for their own profit and prohibited from owning, sponsoring or even investing in hedge funds and private equity funds, under new reforms…
US Senator commends House clearing exemption for FX
The decision by the US House of Representatives in December to exempt foreign exchange swaps and forwards from mandatory clearing requirements seems sensible, said Judd Gregg, a member of the Senate Committee on Banking, Housing and Urban affairs.
Nomura loses two
Nomura departures
BGC plans to open China office
Broker plans China build-out despite derivatives documentation spat