Foreign exchange
GFI upgrades Fenics options pricing platform
Brokers extends options coverage
Nomura signs on to Traiana Harmony
Japanese bank continues e-FX build-up.
Sennik quits Credit Suisse
Credit Suisse loses top FX options trader Chetan Sennik.
BNP Paribas plots domination with FX eTrader
BNP Paribas launches new electronic trading platform, FX eTrader.
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.
Banks find USD’s future hazy
Banks are divided in their 2010 predictions for the US dollar, with some expecting the unit to falter on risk appetite while others anticipate US monetary policy will support the unit.
Westpac tops tables by backing euro
Westpac topped the one-month currency forecast rankings this week with expectations the euro would maintain its strength over the US dollar and yen.
Fragile markets ahead
Gareth Berry, FX strategist at UBS in Singapore, looks at the impact of the Dubai’s request for a debt standstill
Icap moves into new frontier
Launch of Kenyan shilling trading on EBS Spot is first frontier African currency on that platform
South Korea restricts FX derivatives trades
South Korea announces new restrictions on forex derivatives trades in response to corporate losses
SEB signs on four account managers
Bank says demand for institutional allocations via managed account structures remains robust
RBS storms ahead as Fed treads lightly
RBS tops one-month currency forecast index