Goldman Sachs
FX Concepts acquires Track research business
Track.com chief executive Robert Savage is to become chief strategist at FX Concepts as he acknowledges the challenges of selling research independently
CME’s new swap future uses Goldman Sachs patent
Licensing agreement could be worth up to 20% of revenues from patented contract, and is seen as an attempt by Goldman Sachs to hedge its bets as new rules threaten OTC market profits
FXSpotStream gathers pace with start of production trading
Start-up FX price-aggregation service is gaining increasing traction with clients, say liquidity providers
Morgan Stanley hires FX sales head for Asia
Toru Tokoyoda joins Morgan Stanley in Hong Kong, having worked previously at Nomura, Lehman Brothers and Goldman Sachs
FX sales veteran moves to recruitment
Mike Burton, SG CIB's former head of FX sales, has joined ex-colleague Canice Hogan at recruitment firm Shadowhound
FXall enables users to access bank algorithms
New functionality allows clients to route algorithmic and limit order requests to selected banks
Devani to join Gu at Capula
Former Goldman Sachs FX options chief to set up dedicated FX team at London-based Capula Investment Management
JP Morgan combines FX and rates management
Troy Rohrbaugh is to relocate to New York to head up rates and FX, while Chris Willcox moves to asset management
Trading places, June 18, 2011
New appointments at Otkritie and Commerzbank, while SurfacExchange strategy head departs
FXSpotStream will cut costs and inefficiencies, say banks
The liquidity providers behind FXSpotStream believe the new platform adds genuine value to the FX spot market by directly tackling the challenges that exist on traditional spot platforms
Fleschler returns to Hotspot FX
Industry veteran moves back to ECN
FXSpotStream’s no-fee business model raises eyebrows
The new multibank aggregation service supported by six top-tier banks will not charge brokerage fees either to banks or clients – a model that has led to questions over longevity
Trading places, May 7, 2012
New appointments at Barclays, BNP Paribas, Nomura and Goldman Sachs, while Isda adds three to its board
Nomura appoints new FX structuring head
JP Morgan veteran Tim Owens has joined Nomura this week as global head of FX structuring
Goldman Sachs sales director departs for Nomura
Evren Pacalioglu Tore has left Goldman Sachs and will join Nomura later this year
Trading Places, April 2, 2012
New appointments at Macquarie, Numerix and the Swedish central bank, while SGX announces a major restructuring
Trading places, March 26, 2012
New appointments at Citi and Deutsche Bank, and departures from RBC Capital Markets and RBS
e-FX sales director leaves Goldman Sachs
Heidi Golding has left Goldman to focus on her own business
Macquarie to offer bespoke beta and absolute return commodity products from June
Macquarie is extending its existing commodity sales and trading platform with the launch of a commodity investor products business, which will be led by ex-Goldman Sachs global head of commodities
Fleschler departs Goldman Sachs
E-commerce VP leaves the bank in New York
Curran departs hedge fund sales head role at Nomura
Cost-cutting measures at Nomura hit forex sales and structuring, claiming Louis Curran, Mark Stafford and Peter Larsson
Goldman Sachs loses three in FX sales
Artur Kuzma, Jonny Edelman and Jo Li have left Goldman Sachs
Bonus season sees mixed results for US bankers
Recruiters covering the foreign exchange market report better-than-expected bonus packages at Citi and JP Morgan