Citi
Political risk biggest challenge for Mena investors
Unable to predict the outcome of current turmoil in Syria and Egypt, investors have mixed outlooks for the Mena region over the coming months
Mako FX hires Simon Jones to drive platform growth
Citi's former e-FX trading chief has joined spot platform Mako FX as managing partner, with a mandate to focus on innovation and volume growth
Host Capital taps Citi index for retail-focussed currency fund
New UK-regulated fund will invest in Citi's Carry & Value index to provide exposure to G-10 and emerging market currencies
Corporates reluctant to add single-dealer platform connections
New electronic execution platforms for corporate clients face a challenge to win new business, with many firms preferring to minimise the single-dealer platforms they connect with
FX structurers see mixed demand for cross-asset hedges
Increased hedging costs in rates and credit has led some investors towards FX structured products, but some remain concerned that correlation may not hold up
Citi appoints new OTC clearing head for Emea
In-house lawyer to step into role vacated by Andrew Sterry
Dion hires strategic alliances head in Europe
New hires at Dion Global Solutions, Citi, UBS and TradeStation Prime Services
Lloyds restructures sales into cross-asset-class teams
Matthew Lawrence and Adam Barrett now head up two cross-asset sales teams, while Anders Henrikson is head of FX product
UBS hires FX quant head from State Street
Ciara O'Brien joins UBS to head electronic foreign exchange quantitative trading analytics
Rupee sell-off continues, despite repeated RBI efforts
Efforts by the Reserve Bank of India to stabilise the currency's depreciation have failed, as the rupee falls to a record low
UBS FX quant head moves to Citi
Mark Meredith departs UBS to co-head Citi's Autotrader platform in London
Future of e-FX will be cross-product, says Citi’s Bibbey
Richard Bibbey, Citi's new head of e-FX trading, believes the landscape is changing and successful banks will be those that can leverage technology across products and asset classes
ACT hires two from Citi to run platform for high-net-worth clients
Patrick Haberstock and Thomas Walcher have joined ACT Currency Partner in Zurich to get a new platform off the ground
LMAX hires ex-Citi salesman
Gareth Bowles has joined the new FX exchange in London
Citi loses in e-FX sales
Eugenia Hanoune, head of e-FX sales for Emea, sees a number of departures from her team in London
NAB expands e-FX sales team
New hires in London and Sydney for National Australia Bank, following the recent promotion of Justin Geaney to head of Ficc digital
Revolving doors in FX at BAML
Bank of America Merrill Lynch loses in FX sales in Paris, but hires in FX spot trading in London
Best provider of FX clearing: Citi
Despite the challenges associated with clearing foreign exchange, Citi wins this award as one of the best-placed banks to succeed when it becomes mandatory
E-FX Awards: Coming full circle in technology
Traiana, Deutsche Bank, BNP Paribas, EBS and Citi's Jeff Feig are among the winners of the 2013 e-FX awards, which recognise excellence and innovation in FX technology
Best FX white-label liquidity service: Saxo Bank
Saxo retains its lead in the white-labelling business, having seen particular traction with private banks over the past year
Achievement award: Jeff Feig
Citi’s global head of G-10 FX wins the 2013 e-FX achievement award in recognition of the exceptional contribution he has made to Citi’s foreign exchange franchise and the broader industry over the past nine years
Citi’s Feig takes on broader e-trading role
Jeff Feig retains responsibilities as head of G-10 but will now also focus on co-ordinating and developing electronic trading across asset classes
MarkitServ squares up to Traiana over pre-trade hub
Most participants believe the market will centre on one provider for pre-trade credit checking and clearing certainty - but both MarkitServ and Traiana hope to win the race
Trading places, June 10, 2013
New hires at Goldman Sachs, TraderTools, GFI, ECU and CRT Capital