Middle East
ADS Securities to provide liquidity through Integral
Start-up brokerage has connected its API to Integral and expects to execute first trade with an Australian client within days
ADS expands sales effort with senior hire
Ex-HSBC Hassan Hannouf joined ADS Securities in Abu Dhabi last month
FX Invest Middle East: Further economic weakness ahead for Mena, warns World Bank
Keynote speaker at FX Invest conference in Dubai says the current outlook for the Middle East and Africa is 10% unemployment and 4% growth, while figures for China are the reverse
FX Invest Middle East: Volatility is tough and unsustainable, say managers
Delegates at FX Invest conference in Dubai discuss Japanese intervention, the value of emerging market currencies and their outlook on volatility
FX Invest Middle East: Mena region dodges Arab Spring 'curveball'
HSBC's senior economist for the Middle East and North Africa tells delegates at FX Invest conference that the region has dealt with two big challenges this year, but it stands in better shape than some developed economies
FX Invest: New indexes trade volatility
Nikki Marmery reports on the emergence of indexes looking to trade event risk
FX Invest Europe: Get into emerging markets, say managers
Foreign exchange investors should look to emerging markets to realise the best returns in today’s market, according to senior buy-side practitioners speaking at the FX Invest Europe conference in Zurich on March 8.
Crédit Agricole wins with eurodollar view
Crédit Agricole CIB has topped this week’s one-month currency forecast rankings as well as the one-month historical index.
HSBC ahead of the game with EM-to-EM focus
HSBC has maintained its lead in emerging market (EM) currencies by adapting its business to focus on the rise in trade between emerging market economies. But the trend sees EM-focused Standard Chartered hot on its heels.
Banks announce renminbi product firsts
HONG KONG & DUBAI – HSBC and Standard Chartered announced a number of firsts last week, as they try to take a lead role in the growth of the offshore renminbi market.
Standard Chartered boosts Mena coverage
DUBAI – Standard Chartered has made five hires in Dubai as part of plans to boost its fixed-income, currencies and commodities business (FICC) in the Middle East and North Africa (Mena).
Wade's in at Deutsche Bank
NEW YORK - Deutsche Bank has boosted its electronic foreign exchange sales effort to corporate clients with a key hire from Citi.
The euro's new clothes
Nick Beecroft, senior markets consultant at Saxo Bank in London presents a gloomy prediction of the next phase in the 2007-2010 debt crisis
Citi sales reorg after Jan Bak departure
LONDON – Citi has reorganised its institutional sales team with the departure of Jan Bak, head of non-UK European institutional sales in London.
A global power shift
Gerard Lyons, chief economist at Standard Chartered in London, believes the balance of power could shift as the global economy recovers in 2010.
Fragile markets ahead
Gareth Berry, FX strategist at UBS in Singapore, looks at the impact of the Dubai’s request for a debt standstill
Sharia forex products take off
HSBC and other banks are expanding their offerings of sharia-compliant foreign exchange products.