North America
European corporate FX losses triple
Currency losses at their highest since the first quarter of 2017, reports FiREapps
Steck trades TD Securities for RBC
Currently on gardening leave, Tonia Steck is expected to start her new role in September
Colt partners NPL on timestamping
Mifid II requires that reportable events are traceable to coordinated universal time
TD Securities: dollar rebound expected in near term
But political tensions could hinder the greenback’s rally
EM strength to continue for now, says Swissquote
The region will continue to improve over the next six months, says Peter Rosenstreich at Swissquote
Ullrich returns to State Street
David Ullrich will lead North American sales for FX Connect
FX volumes rebound in London and New York
Semi-annual surveys of seven major central banks show FX activity in the US and UK rising by 7%
Convergence could ignite volatility, says TD Securities
As convergence of macroeconomic conditions gathers pace in 2018, rotation of capital will favour non-dollar assets
Horkan becomes chief operating officer at LCH
John Horkan will retain his role as head of LCH North America
IS Prime reports stunning results
Prime-of-prime provider experiences 900% rise in profits
EBS Direct is moving to automatic full-amount for some orders
Manual orders of five million base currency or more will be automatically executed as full-amount tickets from September 5
ACI boosts global reach with North American division – ACI America
New body will represent financial markets industry in North America
Citi bumps up awards tally to scoop eight categories
The launch in January of Velocity 2.0, the latest incarnation of Citi’s FX platform, has been a key driver of its success in a number of different areas this year, according to the bank’s FX management team
Barclays reshuffles in FX strategy
The UK bank's head of global FX strategy has moved to a new role, to be replaced by Jose Wynne
BNP Paribas hires sales head for North America
Former Nomura salesman has joined the French bank in New York, reporting locally to George Nunn
StanChart options duo joins ANZ
Two senior forex options traders that left Standard Chartered in July have joined ANZ in Singapore and New York
Volcker rule could hurt liquidity in FX spot market, participants warn
Foreign exchange swaps and forwards should be exempted from the Dodd-Frank ban on prop trading, or else liquidity in the spot market could suffer
Canadian banks remain bullish, despite CAD weakness
While the Canadian dollar weakened significantly during May, banks believe there is still strong demand for the currency
Moving up from down under
Following his recent appointment as global head of FX at Commonwealth Bank of Australia, Kieran Salter talks to Robert Mackenzie Smith about his mission to ensure the bank’s FX capabilities are globally recognised, and the major technology overhaul the…
RBS appoints new head of North America trading
Royal Bank of Scotland has appointed a new head of North America trading for G-11 spot foreign exchange.
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.