Morgan Stanley
Trading Places, September 27, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
SGX AsiaClear aims to be Asia's CCP for rates and FX swaps
SGX president Muthukrishnan Ramaswami says the new interbank OTC clearing service for Singapore and US dollar interest rate swaps will target Asian banks as a start, and soon global investment banks that trade with Asian counterparties. Asian local…
Wertheimer takes top e-sales role at HSBC
HSBC has confirmed the appointment of Jeff Wertheimer as senior vice president and head of electronic sales for North America.
Morgan Stanley hires trading head in Asia
David Hong has joined Morgan Stanley as a managing director and head of FX and emerging markets trading for Asia, based in Hong Kong.
UK structured products stuck on repeat
An unfavourable pricing environment and investor caution is resulting in a series of familiar structures in the UK market. A few variations in underlying are evident but all come back to income
Widmer out as Citi rolls in new e-commerce team
NEW YORK & ZURICH - Citi has established a new G-10 FX electronic commerce relationship management team, shortly after two senior FX managers resigned from the bank.
Alpari US live with Morgan Stanley FXPB
Retail trading company Alpari US has dropped Newedge in favour of Morgan Stanley as its foreign exchange prime broker, as part of plans to reduce trade sizes and auto-hedge its retail flows.
Morgan Stanley builds out structuring
Morgan Stanley has hired Stefano Diamantini from JP Morgan in London, in a bid to improve its FX structuring capabilities, according to market sources.
Trading Places, August 16, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
In Brief, August 9, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
BAML live on CLS/Traiana by October
NEW YORK - Bank of America Merrill Lynch is due to go live on the CLS/Traiana joint venture trade-aggregation service by October, making it the last of the eight founding banks to begin processing through the service.
MS raids BarCap and Goldman for salespeople
LONDON & NEW YORK – Morgan Stanley is hiring from rivals Barclays Capital (BarCap) and Goldman Sachs in London and New York, respectively.
Regulatory uncertainty hits US banks’ Q2 results
NEW YORK - Most US banks reported a slump in forex revenues in the second quarter this year versus last year, citing a drop in risk appetite and liquidity amid concerns over regulatory changes and the European debt crisis.
CIBC continues FSG build
TORONTO - CIBC has made four key hires in its financial institutions group (FSG) in London, Toronto and Hong Kong, as it builds up its global capabilities.
Trading Places, July 19, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Trading Places, July 12, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
Morgan Stanley looks to extend Matrix
LONDON - Morgan Stanley is set to launch streaming Asian and Latin American non-deliverable forwards (NDFs) next month, on its cross-asset front end, Matrix, following its recent global launch.
Banks boost Canada coverage
TORONTO - Credit Suisse and Morgan Stanley are targeting the largely untapped Canadian institutional market with sales hires in Toronto.
Revolving doors in JP Morgan FX sales
LONDON – JP Morgan has hired an electronic foreign exchange salesperson but has lost three others in FX sales, according to market sources.
Coup for Morgan Stanley
NEW YORK - Eric Hirschhorn, formerly global head of technology at Citi in New York, has quit the bank to join US rival Morgan Stanley, sources tell FX Week.
Morgan Stanley gets real-time with Traiana
NEW YORK - Morgan Stanley has gone live with Traiana’s real-time foreign exchange margin software as it builds out its prime brokerage business.
FX industry creates lobby group
BRUSSELS - The Association for Financial Markets in Europe (AFME) is establishing a representative group for foreign exchange participants, amid the threat of increased forex regulation.