Trading
FX Invest December 2011 edition now LIVE!
With no real solution in sight for the eurozone sovereign debt crisis, volatility of volatility in currency markets is likely to remain elevated, driving up requirements to manage currency exposures in international portfolios.
Bank of England sets out code of practice on electronic trading
Members of the FX Joint Standing Committee comment on the recently reviewed Nips code, which includes a new section on electronic trading
UBS transformation in FX reaps rewards
UBS rises to third place in this year's rankings and picks up four awards, having expanded its FX capabilities in several key areas over the past year
StanChart scoops double whammy for Asia-Pac
Asian bank picks up awards for FX in Asia-Pacific and for emerging Asian currencies, up from second place in both categories last year
Murex wins again on risk management and options pricing
The vendor has a number of new releases lined up for 2012, including a new version of its hybrid model and a new scripting language
HSBC lands at top for corporate and EM business
Exploiting the opportunities arising from the internationalisation of Chinese renminbi has been a key part of HSBC’s success in FX, says derivatives head
Bloomberg voted top for FX market data
Vendor scoops the award for its FX data offering for the third successive year
Serving clients in the right way sets best banks apart
Winners of this year's Best Banks Awards have won recognition from their clients for providing innovation that meets their challenges in volatile market conditions
FXall stays on top as it moves towards IPO
FXall is ranked best professional e-trading venue for the second successive year as it prepares to go public in 2012
Bloomberg Tradebook claims algo award after enhancing client support
The vendor launched a new set of support services, Execution Consulting, earlier this year, to help clients better understand the intricacies of algorithmic trading
Thomson Reuters wins best dealing technology award
Vendor picks up award for best dealing technology, having made a significant investment in expanding its capabilities and preparing for regulation over the past year
Barclays Capital maintains FX lead in the UK
Despite dropping two places in the overall rankings, Barclays Capital has maintained its leading position in the London market as well as in GBP/USD, EUR/GBP and e-trading
Icap, Tullett Prebon and Thomson Reuters come out on top in broker awards
All three brokers have invested in emerging markets as well as capacity and resilience, rendering them more successful in challenging market conditions
ANZ holds top spot for Aussie dollar
The Australian bank has invested both in people and technology over the past year, with a focus on growing its operations in London
4Cast wins research award with intuitive delivery mechanism
Vendor started beta testing a new website in November to allow clients to navigate research in real time
BMO displaces RBC as best bank for Canadian dollar
Bank of Montreal has benefited from the two-way demand for CAD, both domestic and non-domestic, says head of Canadian dollar trading
Deutsche scoops top FX award for third successive year
Having carefully tailored its product innovations to the challenging market conditions, Deutsche Bank picks up six awards in the 2011 Best Banks survey
Why the consensus is wrong on USD/JPY
RBC Capital Markets has taken a contrarian view on the yen for several years, predicting it would strengthen against the US dollar while the consensus forecast was for yen strength. After the bank’s contrarian view has proved accurate, Adam Cole argues…
Morgan Stanley Smith Barney increases managed futures allocation
Managed futures have low correlation to markets and perform well in difficult times, says MSSB. Choppy markets and frequent trend reversals created a difficult environment for the strategy this year.
Hedge fund redemptions rising for year end although in line with previous years
Despite the impact of turbulent markets and poor performance, hedge fund redemptions remain similar to 2010 levels. There are no signs of unusual investor activity, GlobeOp reports.
RBS adds bank sales to US e-commerce role
Matt Thomas, head of Ficc e-commerce in North America, is to take on responsibility for aligning the bank’s electronic product with the needs of bank clients
RMB diversification is ‘strategic’ says Nigeria’s central bank governor
Lamido Sanusi explains why he made the decision to convert 10% of the country’s reserves into renminbi
Defining excellence in currency forecasting
FX research is fast becoming a key differentiator in determining success in the business. In our inaugural FX Week Currency Forecast Awards, we acknowledge those leading the field