Citi
EBS hires US sales head from Integral
EBS hiring season continues with the appointment of Integral's head of US sales, and the business has also appointed co-heads for the anonymous platform, EBS Market
Sub-Saharan African currencies gain traction
The search for yield in currency markets is leading investors into new emerging market currencies in sub-Saharan Africa, according to banks focused on the region
EBS launches Indian rupee fix and spot USD/INR
FX platform adds Indian rupee capabilities as it seeks to break the monopoly held by rival Thomson Reuters in the region
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
Ruble poised for growth after bond market liberalisation
As the bond market continues to open up and Moscow Exchange prepares to go public, FX market participants are eyeing potential opportunities for the ruble
Traders prepare for HFT shift into emerging markets
Better infrastructure and deeper liquidity is attracting high-frequency traders to exploit EM currencies, say traders and technology providers
Could FX volumes bounce back in 2013?
As the central bank FX committees prepare to publish their semi-annual turnover surveys today, trading volumes are expected to have remained depressed in October 2012, but many now expect a recovery in volumes this year
Citi prepares to go mobile with Velocity platform
The bank is testing a trading component for the mobile version of its Velocity platform, which will allow users to manage orders, and eventually execute on live rates, remotely
Corporate sales head exits Citi
Head of FX sales to UK corporates has left Citi in London after 14 years with the bank
Banks invest in future of Traiana with 12% stake
Seven banks have bought a collective 12% stake in Traiana - which has been valued at $300 million - earning them a valuable seat on the company's new board of directors
C-View hires industry veteran to run new rates product
Nick Beecroft started at the UK-based currency manager today and will retain his role as non-executive chairman of Saxo Bank's London board
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: April - June
FX Week looks back on the biggest stories of 2012, continuing with the second quarter. To read the original stories, click on the links in black
Global co-head of spot to leave Deutsche
Greg Knight, Deutsche Bank's global head of FX spot, is leaving the bank and will be replaced internally with immediate effect
Photo gallery: Best Banks Awards, November 2012
Photos from FX Week's Best Banks Awards dinner, held in London on November 21
Trading places, November 26, 2012
Credit Suisse restructures its senior management team, while State Street's chief financial officer will retire next year
Taking HFT to task
As a small group of high-frequency traders (HFTs) rise to prominence as market-makers in spot FX, the reliability of their prices during times of market stress has been called into question – so much so that electronic trading platforms are taking steps…
Doing more with less volatility
The winners of this year's Best Banks awards are those that have proven themselves capable of winning business even when markets are less volatile
Best Banks 2012: Deutsche holds top spot for fourth year
Deutsche Bank and Citi remain in first and second place in this year's market survey, while Barclays has risen to third place
Citi bumps up awards tally to scoop eight categories
The launch in January of Velocity 2.0, the latest incarnation of Citi’s FX platform, has been a key driver of its success in a number of different areas this year, according to the bank’s FX management team
Citi offers liquidity to Spotware’s cTrader and cAlgo Platforms
Citi extends liquidity offer to margin trading system
Citi hires Ceemea options trader from RBS
Citi has added Daniel Mitchell to its FX options team and made a number of hires in FX sales
EBS volumes hit multi-year low in October
Trading volumes on both EBS and Thomson Reuters fell even further last month, but some traders are expecting a pick-up in volume now that the US elections are over
Banks suspend dual-currency deposit sales in Japan to re-document under new regulation
Returns on dual-currency and structured deposits will not be covered by state insurance scheme, Japanese FSA decides