Royal Bank of Scotland
Algos must be prepared for risk events, experts warn
Safeguards are needed for algorithmic execution tools to navigate risk events such as platform outages
EMFX: Go with the flow
Imran Ahmad, emerging markets strategist at Royal Bank of Scotland in London, says Hungary, Turkey and India stand to benefit from renewed support for emerging markets in 2012
Nomura names Ashley as global head of fixed income
Steve Ashley has been promoted to global head of fixed income at Nomura, with Georges Assi as his deputy
Mandell quits Standard Chartered
US institutional sales head has previously held senior FX roles at RBS and Bank of America
Lloyds appoints Moore as head of trading
Former Citi fixed-income head and MF Global chief executive for Europe will join Lloyds on March 1
What’s in store for 2012?
At the dawn of a new year, FX Week speaks to senior traders, strategists, technologists and lobbyists about their expectations for 2012. The eurozone crisis, implementation of regulation and technology upgrades top the agenda for many participants…
Drysdale joins RBS from Goldman Sachs
Trader will work in currency options in London, reporting to Richard Fawcett
Review of 2011
As 2011 draws to a close, FX Week looks back on a year in which the decisions of politicians increasingly came to define the direction of major currencies, while the progress of regulatory reform was stunted by missed deadlines and challenging technical…
Chad Smith joins Faros Trading from RBS
Former bank sales head joined Faros on December 1 and reports to Brad Bechtel
BNP Paribas preps launch of Cortex single-dealer platform
French bank expects to launch its new platform early in the first quarter of 2012, following a 14-month development period
RBS confirms Corbett appointment in spot
Nomura's ex-head of G-10 spot in London will report to former colleague James Pearson at RBS
RBS adds bank sales to US e-commerce role
Matt Thomas, head of Ficc e-commerce in North America, is to take on responsibility for aligning the bank’s electronic product with the needs of bank clients
Riccardo Rebonato quits RBS for Pimco
Ex-head of front-office risk management and quantitative research will join Pimco on December 1 as head of rates and FX analytics
Ex-RBS de Wulf joins HSBC in FX sales
Ruth de Wulf will be based in London and cover Scandis and the Netherlands
UniCredit restructures institutional sales force under Groot
Six product lines for institutional sales at UniCredit include foreign exchange, interest rates, credit, central and eastern Europe sales, solution sales and cash equity sales
Corporates fall on tough times
The recent volatility in foreign exchange markets has caused uncertainty for corporate treasurers and led to some changes in their strategies. How are banks helping corporates to tackle the current challenges and the increased costs that will result from…
Eurozone deal brings relief in FX spot and options
Risk sentiment appeared to make a comeback in FX markets yesterday as options volatility fell from record highs and the euro rallied in response to the deal announced after the Euro Summit in Brussels
Shey joins RBS from UBS
Forex veteran has been appointed global head of futures, prime services and electronic markets at RBS in Stamford
EUR/CHF options market springs into life
Traders report sustained levels of activity in the five-year EUR/CHF options market as hedgers protect against long-dated downside risk
CME Group recruits Knottenbelt from RBS
Industry veteran Willian Knottenbelt appointed to lead the exchange group’s Emea operations
Leuschke joins Westpac in Auckland
Former RBS global head of FX sales joins Westpac in his home country, New Zealand
Short volatility strategy pays off in August
Currency managers going short volatility in August would have been top performers, benefiting from a spike in volatility towards the end of July from the dual effect of the US and European sovereign debt crisis, according to research from Royal Bank of…
A new safe haven?
As G-7 economies start to look more volatile than some emerging markets, Nikki Marmery investigates whether the new rash of emerging markets indexes could offer some respite
Read the new edition of FX Invest now!
If anyone needed any more reason to seriously think about employing a foreign exchange policy, then September should just about have done it.