Foreign exchange
RBC hires FX structurer in London
Credit Suisse structurer switches to RBC under global head of FX options Garrett Clinton
EBS appoints global head of e-commerce solutions
Trading platform hires Paul Allmark from Thomson Reuters, to head development of e-commerce products
Trading Places, May 19, 2014
Deutsche's Zinkin takes on further responsibility and Oanda appoints former Alpari UK chief executive to lead its business in London
Barclays creates macro products business
Mike Bagguley leads new business group at the investment bank, which comes soon after Barclays announced 7,000 job cuts over the next three years
Standardisation reaches back-office functions
The fragmented nature of FX has made client management on platforms costly and cumbersome
Corporates defend macro-hedging strategies
UK corporates defend their risk management strategies, unconcerned by the prospect of a Scottish currency affecting their UK portfolios
FX Focus - Editor's Letter
The renminbi rise is good news for some, but bad news for others. Michael Watt introduces the latest edition of FX Focus
CLS will adhere to US sanctions on Russia
The ruble looked set to become the 18th currency to be settled through CLS, and while both the CBR and the industry utility are committed to the deadline, political uncertainties remain
Morgan Stanley comes top with restrained dollar view
Morgan Stanley believes the greenback is set to benefit as US economy regains momentum
Bitcoin trading needs bank liquidity, says Saxo chief
Digital currencies need banks to support liquidity formation but stronger framework needed, says Saxo's chief executive
Industry to meet regulators on FX options clearing plans
Industry plans to arrive at a workable framework for FX options clearing gather steam
Translation risk hits corporate earnings
Millions have been wiped off corporate profits last quarter as a result of converting back earnings from depreciating currencies
Nordea teams up with Caplin for single-dealer offering
Nordea Markets chooses Caplin Systems' Liberator service for its single-dealer platform
ITG study finds fixing time "irrational and expensive"
ITG looked at eight currency pairs on Thomson Reuters Matching, one of the data sources for the now controversial WM/Reuters fix
ANZ wins with bullish view on cable
ANZ has correctly predicted that cable would rise rather than drop to the 1.65 area by end of April
The squeeze on spot FX
Market-makers battle compressed margins in spot currency trading
Senior FX departures highlight changing market structure
Issues ranging from low volatility, benchmark investigations to regulatory change have led to senior participants leaving the the market either temporarily or permanently
Suspended traders prepare to fight back
Traders prepare to defend actions that have led to suspension of dozens in connection with the global FX probe
Hungary tightens bank FX funding rules
Hungary's central bank aims to smooth out maturity mismatches between long-term foreign exchange loans and the short-term funding banks' use
Sterling strength cuts £3.5 billion off UK dividend payments
Rises in sterling against the US dollar and the euro have wiped billions off UK investors' dividend payments from some of the largest companies
Richard Farrell joins Integral as managing director
Integral hires Farrell in New York as managing director for business development and sales