Articles by Joel Clark
FX product head exits smartTrade
Peter Atkinson has left smartTrade Technologies in London after less than two years in the role
Citi’s Feig takes on broader e-trading role
Jeff Feig retains responsibilities as head of G-10 but will now also focus on co-ordinating and developing electronic trading across asset classes
Yen correction will be short-lived, says Wells Fargo
The US bank forecast the yen to retrace some of its fall, landing it at the top of the one-month rankings, but it still expects USD/JPY to rise further
MAS overhauls benchmarking practices
Twenty banks found to have deficient procedures in place after a year-long review of benchmark submissions
CLS hires RBS risk veteran
Peter Lightfoot has joined the FX settlement risk mitigation utility after more than 32 years at Royal Bank of Scotland
ParFX targets buy side inclusion by Q4
The platform will open its doors to non-bank market participants later this year in what will be the real test of its level-playing-field design
StanChart expands e-FX experience into credit and rates
Following a reorganisation of its electronic trading business at the start of 2013, Standard Chartered’s Chris Knight now has responsibility for e-commerce in the eastern hemisphere across three asset classes. He talks to Joel Clark about what credit and…
Consensus lacking on optimal length for randomised pause
The concept of applying a randomised pause to FX trades as a means of deterring disruptive behaviour has garnered support from the users of both EBS and ParFX. But how long should the pause be in order to be effective but not damaging to genuine…
Jefferies embarks on ambitious expansion in FX
Ben Welsh at Jefferies talks about the US investment firm's plans to build its FX offering
Defining innovation in e-FX
As the 2013 e-FX Awards open for entry, the parameters of innovation in FX technology continue to evolve in line with changes in the market environment
Ex-RBS Asia strategist moves to the buy side
Woon Khien Chia left RBS in late January and will join Singapore-based hedge fund JL Capital in May
Thomson Reuters Dealing expands into Nepal
Vendor reveals that 21 dealers in Nepal are live on its conversational dealing platform
ADS Securities sales head resigns
Patrik Nagel, head of sales for Mena, is leaving the Abu Dhabi-based brokerage, having joined from FXall in 2011
FXall re-hires sales director in Singapore
Shaun Tan will re-join FXall in Singapore next month after two years at ADS Securities, weeks after Wyman Shing left FXall for RBS
‘Easy’ stage of yen decline is over, says Jim O’Neill
Further weakening of the Japanese yen may be more gradual than in recent months, but the yen and the Swiss franc are the only G-10 currencies worth trading, says GSAM chairman
MAS warns on fragmented clearing and reporting
Asian financial markets have made progress in setting up CCPs and trade repositories, but greater harmonisation is needed across borders, Singaporean regulator warns
Singapore eyes regional hub status for offshore RMB
Addressing ACI Congress delegates, deputy prime minister and chairman of the Monetary Authority of Singapore talks up Singapore’s ability to facilitate the growth of renminbi trading outside China
StanChart revamps electronic trading management
New e-trading group for FX, rates and credit is headed globally by Raymond Koole, and regionally by Chris Knight in Singapore and Pascal Pipponiau in New York
Thomson Reuters matches EBS with revamped strategy
Icap's EBS and Thomson Reuters have initiated major structural changes over the past year; as they continue to evolve their new strategies, and ParFX prepares to launch with the aim of becoming a third primary venue, further structural shifts are set to…
New York Fed demands better management of FX risks
Greater use of capital and collateral to mitigate all risks relating to FX trading is crucial, warns Jeanmarie Davis, head of financial market infrastructure at the NY Fed
TraderTools adds order management to hosted aggregation service
New functionality is aimed at regional banks without 24-hour trading desks that need a third party to manage resting orders overnight
Currency war scenario ‘exaggerated’, warns senior Swiss economist
Central banks are pursuing domestic priorities and are not engaged in competitive devaluation, says keynote speaker at FX Invest conference
EBS hires Richard Kerschner from CLS
Kerschner, who had been at CLS since 2010, takes on the same role – chief corporate development officer – at EBS
Cometh the hour, cometh the Sef
Imminent rules are expected from the CFTC on the criteria required of electronic platforms seeking to become swap execution facilities under the Dodd-Frank Act