Newedge
Alasdair Macdonald heads to ED&F Man
Newedge veteran will focus on sales for the Mena region
Newedge managing director departs
Head of OTC clearing sales departs after only nine months in the role
Agency desk growth will be slower than expected, traders say
The chance of 50% of the FX market going to agency execution within five years is viewed as highly unlikely, but some banks wager on agency being the future of FX trading
Non-bank market-makers step into the breach as banks turn to agency
Buy side continues to worry about the reliability of non-bank market-makers, despite their presence during a technical glitch and volatile trading times
Agency execution set for strong growth
Growth is being driven by the changing role of dealers and best execution pressures on the buy side
SG closes London G-10 trading, builds agency presence
French bank considers restructuring FX business and moves towards an agency-execution model with fully-owned brokerage Newedge
Newedge appoints co-heads for commodities and currencies
Franck Borgel and Francois Combes appointed to lead the firm's currencies and commodities business, following the departure of John Fay
SG CIB’s Escoffier takes the reins at Newedge
David Escoffier has been appointed chief executive of Newedge as Société Générale negotiates with Crédit Agricole to take full control of the firm
Marex Spectron pushes forward after FX overhaul
Recently recruited sales team are fired up and seeking to expand Marex's footprint in agency FX business following recent restructure
Newedge appoints China sales head
Jennifer Wang joins Newedge from DZ Bank
Spotlight on: Max Smith, Newedge
In a world where market participants are seeking to reduce risk in trading and ensure efficient clearing, Newedge's global head of FX, Max Smith, believes the firm is uniquely positioned
Agency execution model gains favour for FX trading
Under pressure from new regulations that will constrain balance sheet usage, the agency model is becoming increasingly popular with banks, but agency desks won't escape forthcoming hikes in cost
EBS adds to product team with senior hire
Eisso VanderMeulen joins Icap in New York to work on EBS product development
Newedge hires Roper in FX sales
Andrew Roper joins Newedge from UniCredit, where he worked in FX institutional sales
Seeking a better benchmark for currency manager performance
With more mainstream advisers offering access to managed FX investments, bigger and increasingly sophisticated audiences are driving index providers to upgrade benchmarks and make them investable. However, some managers remain unimpressed by the existing…
VanderMeulen joins multi-asset brokerage
Eisso VanderMeulen joins multi-asset brokerage Newedge to develop the company's FX business
FX Invest: Newedge hires in prime brokerage
Four join multi-asset brokerage to build prime-brokerage offering
Trading Places, November 8, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
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.