News
Reuters adds four banks to RTFX platform
LONDON – Deutsche Bank, Dexia, HSBC and Société Générale (SG) have joined Reuters' bank-to-client platform Reuters Trading for Foreign Exchange (RTFX).
Global sales head for HSBC
NEW YORK & LONDON – HSBC has made Rod Prat global head of sales, global markets, in New York, as it looks to implement a global strategy.
Currenex applies for engine patent
NEW YORK – Currenex has applied for a patent for its aggregated liquidity matching engine, CX OneOrder.
EBS boosts Hong Kong and Singapore dollar trading
HONG KONG – Spot broker EBS has added 10 currency panels per page to its EBS Spot screen in a bid to increase trading in Asian currencies.
Cognotec to roll out e-trading platform
LONDON – Cognotec last week began the first-phase roll out of an e-trading solutions platform that will bring together all client segments and asset classes.
E-trading for Calyon Financial
PARIS – Calyon Financial, the brokerage arm of French bank Calyon, last week launched an online forex trading platform called Calyon Financial FX Edge.
vwd updates trading system
FRANKFURT – German data vendor vwd enhanced its market-manager trading system at the end of Q1 and is set to update portfolio manager next month with FX data, according to officials.
SuperD adds hedging
NEW YORK – Online options trading platform SuperDerivatives has added a number of features to its SD-FX currency option platform.
Manila plays host to forex industry
Friday MANILA – The conference proper starts on Friday, with welcome remarks from Amando Tetangco, governor of the Bangko Sentral ng Pilipinas, and the secretary of the department of finance, Margarito Teves. Delegates will then hear from the president…
EBS hits daily volume record
LONDON – EBS hit another daily volume record last week, amid volatile market conditions.
SEB selects Monarch for MAP
STOCKHOLM – Skandinaviska Enskilda Banken (SEB) has selected Monarch Capital Management as a manager in its FX Managed Alpha Product (FX MAP) currency platform.
FXC amends documentation for Asian currency NDFX
NEW YORK – The Foreign Exchange Committee last week amended its non-deliverable FX (NDFX) documentation for transactions involving Asian currencies. The changes made last Wednesday (May 17) will update the template terms for NDFX transactions for six…
TraderTools goes with the flow
NEW YORK – Financial systems integrator Worldflow and vendor TraderTools have formed a strategic alliance whereby the former extends implementation and support capabilities of TraderTools' e-FX platform across Europe.
New FX sales chief for Citi
NEW YORK – Citigroup has made Anu Jayanti global head of FX sales in New York.
COESfx forms strategic partnership
PLAINVIEW, NY – COESfx, an online foreign currency trading firm, has formed a strategic partnership with Connecticut-based daily market forecasting company Crosscurrents Investment Advisory Service.
BoA boosts sales and trading
NEW YORK – Bank of America (BoA) has boosted its global FX business with three hires in New York and Singapore, it has confirmed.
Misys signs with China Bohai
BEIJING – China Bohai Bank has gone live with vendor Misys Banking Systems' Misys Opics and its risk management module, Misys Opics Risk for FX and other asset classes.
CME to offer won trading
SEOUL & CHICAGO – Chicago Mercantile Exchange (CME) and the Korean Ministry of Finance and Economy (MOFE) have announced plans to list futures and options on futures on the Korean won.
ADB explores Asian currency unit
HYDEREBAD – The prospect of a single currency unit for Asia came one step closer to reality this month at talks organised by the Asian Development Bank (ADB) in the the Indian city of Hyderebad earlier this month.
Bloomberg continues FX boost
NEW YORK – Bloomberg is continuing to build up its forex capabilities with a new information product called FXIP (foreign exchange information platform).
Looking at the past with an eye to the future
Saturday MANILA – Saturday kicks off with a long view of the FX market, as a panel discusses how currencies have developed in recent times. The session entitled 'Evolution of currencies fixed to floating/ national to regional will be moderated by…
Russian event for e-trading trends
MOSCOW – Russian bank Investsberbank and Lava trading will present an international seminar on current trends in e-trading in Moscow at an event hosted by ACI Russia, on June 20.