Deutsche Bank
Options traders sense SNB running out of steam
Options traders are betting on further appreciation of the Swiss franc, following comments from the Swiss economy minister that Switzerland will have to put up with a strong currency
Taking stock of 2011: Volatile trading
The challenges already thrown at the FX market in 2011 have been multi-faceted, ranging from a tough trading environment in major currency pairs to the preparation for new trading and clearing regulations. In the second of a series of articles taking…
Trading Places, August 29, 2011
New appointments at Barclays Capital, Bank of America Merrill Lynch, RBC and RBS
Investors caught out by strength of Swiss franc and yen
Intervention from Swiss and Japanese authorities last week to weaken currencies meets with mixed success and leaves trading desks facing uncertain environment
Our summer of discontent
July and August typically herald a quiet period for FX trading desks with low volatility and subdued investor activity. 2011 has been very different, with banks facing a number of challenges across major currencies in recent weeks. How have they managed…
Spotlight on: Glenn Stevens, Gain Capital
The retail broker’s chief executive talks to Farah Khalique about the changing nature of retail foreign exchange, the advent of tighter leverage limits in the US and Japan, and Gain Capital’s recent acquisition of dbFX from Deutsche Bank
Anshu Jain to become Deutsche Bank's co-chief executive
Anshu Jain and Jürgen Fitschen to succeed Josef Ackermann in May 2012
CNH deliverable forwards in Hong Kong could outgrow NDFs
Rising offshore renminbi interbank rates in Hong Kong have made its deliverable forwards market the cheapest way for corporates to hedge, compared with NDFs and onshore forwards, say bankers
All in accord on high-frequency risks
In late June four prime brokers and six ECNs allied together in a major new initiative to better monitor and manage the risks posed by high-frequency trading in the FX market. What motivated the collaborative effort? Farah Khalique reports
Icap hires Mark Price as COO
Ex-Deutsche chief operating officer will join Icap on October 3, replacing Mark Yallop
FX Invest: Newedge hires in prime brokerage
Four join multi-asset brokerage to build prime-brokerage offering
FX Invest: Rise of the super-Sefs
The Dodd-Frank Act created a multitude of would-be swap execution facilities (Sefs) – trading platforms that will aggregate dealer liquidity. Now, dealers want to hoover up the Sefs by building their own aggregation services, but it’s a strategy that…
Trading Places, July 11, 2011
Departures from BAML, Morgan Stanley and Deutsche Bank over the past week
Hiring frenzy
After a typically busy hiring season during the first half of the year, Chiara Albanese takes stock of some of the biggest appointments and talks to headhunters about the trends driving FX recruitment in 2011
Ex-BarCap Wise to join Credit Suisse
Danny Wise will start as global head of FX spot trading in August
Regulation will hurt FX liquidity, says Deutsche
Research warns reporting and exchange trading requirement will restrict liquidity in the market
Banks and ECNs join forces to prevent FX flash crash
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
Silver quits Morgan Stanley for Deutsche
Co-head of North American FX sales to begin senior sales role at Deutsche Bank in September
Deutsche promotes Hitchon to run Markets Clearing
Roger Naylor to succeed Hitchon as co-head of global prime finance
Deutsche merges OTC and listed derivatives clearing
Markets Clearing will combine the bank's existing clearing capabilities across FX, rates, credit, commodities and equities
Yetsenga to head ANZ FX strategy research
Richard Yetsenga to head ANZ's global FX strategy research team
Wee new head of e-sales at Standard Chartered
At Deutsche Bank she has been replaced by David Wilkins, new head of electronic foreign exchange sales for Asia