BNP Paribas
Banks welcome EBS latency floor
EBS consults on a new approach it hopes will reduce the advantage of super-fast trading algorithms
Banks face tough decisions in platform programming
Some market participants are calling for greater use of programming language HTML5 as an industry standard for web-based platforms. But banks say they must wait for clients to catch up before migrating to something new
FX veteran Meinnel departs State Street
Meinnel quits State Street after more than 20 years in FX that included senior roles at BNP Paribas and Bear Sterns
Market divided over standardised approach to algo TCA
The difficulty of comparing transaction cost analysis results across algo products has led to calls for a standardised approach to TCA, but not all agree it is needed
Credit Suisse strategy head moves to BNP Paribas
Daniel Katzive to join BNP Paribas in New York as head of FX strategy for the Americas
The advantages of algo execution
As both Barclays and UBS prepare to launch new algo execution tools for foreign exchange in the coming weeks, the space is becoming increasingly crowded – but it appears to be driven by strong demand from the buy side. Miriam Siers reports
Increased risk appetite causes spike in relative value FX trades
Investors are turning to relative value trades to provide low-premium, guaranteed downside and good leverage to the upside, traders say
UniCredit hires ex-BNP Paribas FX sales chief
The French bank's former head of institutional FX sales joined UniCredit in London on January 14
Traders braced for further yen weakness ahead of BoJ meeting
Many market participants were caught unawares by the sharpness of the yen's fall in recent weeks, but all eyes will be on the currency's reaction to this week's Bank of Japan meeting
Mexican peso poised to dominate EM currency trading
Asian investors have been diversifying into EM currencies for some time, with the Mexican peso performing particularly well, but despite the potential for enhanced yield, emerging markets are not devoid of risk, banks warn
What’s in store for 2013?
While 2012 was defined by low volatility and a clear decline in client activity, it also saw some major changes in the structure of the foreign exchange market, with a host of new initiatives and opportunities. FX Week speaks to senior market…
Review of 2012: January – March
FX Week looks back on the biggest stories of 2012, starting with the first quarter. To read the original stories, click on the links in black
Trading places, December 3, 2012
Commerzbank loses an options trader while StanChart hires in Asia and SEC's Schapiro announces she will step down next month
FX e-commerce head departs BNP Paribas
Chester Boles has left the French bank in New York after seven years
BNP Paribas hires in sales and strategy in New York
Three new hires to the FX team at BNP Paribas, from Morgan Stanley, Credit Suisse and Wells Fargo
Wanted: the FX sales team of the future
Regulation is changing the job description of the FX salesperson, to the extent that the right candidate now needs a broader set of expertise than in the past
BNP Paribas on winning streak with bullish euro forecast
The French bank’s forecast of euro strength has landed it at the top of the one-month forecast rankings for the fourth time in five weeks
Trading places, October 8, 2012
Departures at Barclays, BNP Paribas and JP Morgan, while Standard Chartered hires an ex-UBS salesman
FX sales co-head leaves HSBC
Robbert Sijbrandij has left HSBC to spend time with his family in Switzerland, having joined the bank in August 2010
Trading places, October 1, 2012
New hires at Barclays and Citi, while Gain Capital loses its CIO and Knight Capital reorganises its management team
BNP Paribas hires sales head for North America
Former Nomura salesman has joined the French bank in New York, reporting locally to George Nunn
Credit to remain a dominant theme in FX, says Traiana’s Coyne
Closer scrutiny of credit relationships has become a major trend in the FX market, leading to initiatives such as the Kill Switch, which has already been used to shut off the activity of a prime broker’s client, reveals Traiana chief executive Andrew…
Trading places, September 24, 2012
New sales hires at BNP Paribas and Deutsche Bank, while RBS loses its head of FX sales for North America
The platforms of 2012: TraFXpure
When it launches next year, TraFXpure hopes to become a primary trading platform in the FX market, alongside EBS and Thomson Reuters. While that’s a tall order in today’s environment, Tradition’s Daniel Marcus, Campbell Adams and Roger Rutherford believe…