Trading

Kraft joins BoAML as head of Japan FX

Bank of America Merrill Lynch (BoAML) has made a key hire to its foreign exchange business in Tokyo, as part of plans to aggressively build out its market share in Japan.

Post-crisis shakeout will reveal new leaders

After any crisis there is change. But the rate of change in the foreign exchange market means this industry is undergoing a dramatic shift in structure and make-up that will result in, for better or worse, different leaders in the market.

USD in the long run

Marc Chandler, global head of currency strategy at Brown Brothers Harriman in New York,steps back from the markets to take a look at the bigger picture

RBS resignations prompt restructure

LONDON & STAMFORD, CT - Royal Bank of Scotland (RBS) has implemented a new structure for its sales and trading business today (February 15), following the departure of two senior managers in London last Friday (February 12).

First Derivatives pays $4.7 million for Cognotec IP

First Derivatives is paying $4.7 million to snap up the key assets and intellectual property of bankrupt Irish FX software provider Cognotec. The deal was signed last night (February 14), just two weeks after Cognotec was placed into receivership on…

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