Societe Generale

Société Générale pushes Alpha FX

Société Générale has begun mass marketing of its in-house developed electronic trading platform, Alpha FX, as it phases out First Access, its Currenex white-labelled platform.

RBS bucks downward FX trend

Royal Bank of Scotland (RBS) bucked the downward FX trend among dealers, reporting its first year-on-year rise in revenues in 2010 from its currencies and commodities division in the third quarter.

Banks build strategy in US and UK

NEW YORK & LONDON – Barclays Capital, Citi and Nomura have bolstered their strategy teams through a series of new hires on both sides of the Atlantic.

BMo shakes up London FX

LONDON - Bank of Montreal Capital Markets (BMo) has reorganised its FX business, seeing the return of Lorne Gavsie, managing director in FX, to Toronto from London.

Smaller firms take e-FX trading internal

NEW YORK - The face of electronic foreign exchange trading is becoming more diversified as second- and third-tier banks become active contributors of liquidity, concluded panellists participating in the FX Week USA conference in New York last Tuesday …

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.

Euro to continue decline

LONDON – Analysts are predicting further euro weakness, expecting the unit to return to 1.2135, with the short covering correction be short-lived.

RBC Capital Markets adds in Asia

SINGAPORE & SYDNEY - RBC Capital Markets has added two hires to its global FX team in the Asia-Pacific region, with the appointments of Winston Quek and Amanda Lowe.

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