Post-trade
Rate cut turns market anti-dollar
NEW YORK -- The US dollar hit three-month lows against several major currencies last week, triggering a welcome return of volatility to the markets after months of range trading.
Citi to outsource e-liquidity
Forex giant goes online to service growing ranks of 'buy-side' banks
EU enlargement may increase euro liquidity
FRANKFURT -- Enlargement of the European Union and adoption of the euro by EU ascension countries could see deeper, more liquid trading of the euro.
Sungard coup for FXConnect
LONDON -- State Street Corporation is to announce this week it has secured a coveted deal with UK treasury software firm Sungard.
Deutsche Bank reveals role in providing 9/11 liquidity
PARIS -- Michael Reuther, global head of funding at Deutsche Bank, revealed last week how the European Central Bank and the Federal Reserve Bank of New York created an emergency E50 billion 'synthetic' liquidity facility in the wake of last year's World…
Options business booming
Growing client sophistication prompts banks to expand in derivatives
ABN Amro scores CLS coup
AMSTERDAM -- ABN Amro Bank announced three clients for its third-party Continuous Linked Settlement (CLS) service last week, scoring a coup in the highly competitive market.