JP Morgan
FX clearing clock ‘ticking’ following CFTC-SEC swap ruling
Speakers at FX Week USA expect this week's agreement on swap definitions by the CFTC and SEC will drive a rush to comply with FX clearing mandates
Standards multiply as FX TCA takes hold
Increased choice in FX transaction cost analysis (TCA) is giving asset owners more tools to measure the performance of liquidity providers, custodians and trading algos. However, with more opportunities for real-time data capture driving a diversity of…
Emea sales head exits FXall
FXall has lost its head of sales for Europe, the Middle East and Africa, just three months after the departure of Emea general manager Mark Warms
FXall enables users to access bank algorithms
New functionality allows clients to route algorithmic and limit order requests to selected banks
Trading Places, July 2, 2012
RBS loses EM research head, BAML appoints new EMEA investment banking co-heads and the New York Fed promotes Potter to markets group head
RBS loses FX UK corporate coverage head
Andy Stocker understood to be moving to Santander, alongside two other sales staff
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
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
Hausman departs Thomson Reuters as Singh takes new role
Andrew Hausman has left Thomson Reuters after eight years, while Jas Singh is taking on new responsibility for innovation
Deutsche hires FX forwards head for NY
Miro Vucetic has joined Deutsche Bank from BAML to head FX forwards in New York
Euro exit testing intensifies
Banks and FX market infrastructures are stepping up their efforts to prepare for a possible redenomination of eurozone currencies if Greece is forced to leave the currency union, but some investors would like to see new contracts to protect them from…
Mandelzis hands Traiana baton to Coyne
Gil Mandelzis tells the industry Andy Coyne was his 'immediate no-brainer choice' to succeed him as chief executive of Traiana
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
Natixis hires FX sales veteran
Darren Barker has joined Natixis from UniCredit to work in FX sales in London
Investing in the internationalisation of the renminbi
Despite a forecast slowdown in Chinese growth in 2012, Helen Lam, senior portfolio manager at Allianz Global Investors in Hong Kong, believes the long-term internationalisation of the renminbi will lead to continued currency appreciation this year. Saima…
HSBC hedge fund sales head to join JP Morgan
Michael Spencer, who has resigned from HSBC, is expected to join JP Morgan to work in hedge fund sales
FX repository moves to production ahead of October launch
The DTCC began user testing of its new trade repository on May 1, and plans to have full regulatory and public reporting up and running by the fourth quarter to meet CFTC deadlines
Trading places, April 30, 2012
New appointments at Standard Chartered, Crédit Agricole, Pictet Asset Management and the DTCC
SG CIB’s ex-head trader eyes the buy side
Richard Bailey is expected to join the buy side, having left his role as global head of FX trading at SG CIB last week
Trading places, April 23, 2012
FX sales and trading departures from Morgan Stanley, JP Morgan Credit Suisse and Standard Chartered
Credit where it's due
The launch of NDF clearing by LCH.Clearnet marks a major development for the FX market that will ultimately change the shape of the post-trade landscape
A spot of bother
Traders exploiting the spread between CNH deliverable forwards and CNY NDFs got a nasty surprise in September last year, when the basis trade blew up amid a reversal of the spread. Georgina Lee looks at what investors can learn from this turn of events
Trading places, April 9, 2012
Departures from JP Morgan and Morgan Stanley, while Deutsche Bank appoints a salesman from Credit Suisse
JPM's Foster joins Nomura to head G-10 spot
Antony Foster joins the Japanese bank from JP Morgan