Articles by Miriam Siers
Rising cost of credit drives corporates back to voice trading
Corporate treasurers have been facing up to the increased costs of hedging as their bank counterparties deal with regulation, but some say rising credit charges are driving them to revert from electronic platforms to voice trading. Joel Clark and Miriam…
HKEx soft launches clearing for interdealer NDFs
Hong Kong Exchanges and Clearing becomes the latest entity to launch clearing services for FX non-deliverable forwards
StanChart looks to eclipse rivals in OTC derivatives
New 'Eclipse' business under Andrew Sterry and Luke Brereton will focus on execution, clearing, liquidity and portfolio services in over-the-counter derivatives
FX Week Europe: Currency managers need to react to short-term trends
Buy-side speakers at the conference divided on prospects for the euro, but all agree investment needs to adapt to short-term trends in currencies
ANZ navigates Aussie dollar depreciation
Australian bank retains the award for best bank for the Australian dollar following the currency's steady depreciation this year
HSBC retains EM and Asia-Pacific awards
HSBC wins best bank for emerging Asian and Emea currencies, as well as best bank for FX in Asia-Pacific
Bloomberg continues to deliver in FX market data
Best market data provider for FX goes to Bloomberg, as the vendor continues to invest in its foreign exchange trading and information services
GFI completes rise to first place in currency options
GFI Group rises from second place in last year's survey to win best broker for currency options
Corporates and investors need confidence to tap offshore RMB, say banks
As the internationalisation of renminbi continues to gain traction, buy-side engagement in the currency varies significantly across geographies and sectors
Crédit Agricole on the rise with bullish dollar view
A consistent view on US dollar strength sees Crédit Agricole soaring up through the one-month forecast rankings
StanChart creates global RMB trading team
New team headed by Charles Feng seeks to tackle time zone challenges by having renminbi traders located across geographies
Swedish corporates feel the pinch of the krona’s strength
The Swedish krona has remained strong over the past year, creating challenges for Sweden's exporters that have found their profit targets dented by the FX headwind
Westpac tops table with pessimistic dollar view
Australian bank tops this week's three-month currency forecast rankings after predicting events in the US would weaken the dollar against the euro
Bloomberg launches US dollar benchmark
New US dollar index will represent 10 currencies, including Chinese renminbi and the Australian dollar
EU bonus cap threatens the future of London FX
The UK last month launched a legal challenge against the EU's planned bonus cap - it will need to be successful if London is to retain the best FX sales and trading personnel
Expiry of Sef confirmation relief causes unrest among dealers
Swap execution facilities have only until October 30 before they have to issue legal confirmations for trades, but dealers remain uneasy about their ability to do so
BMO Capital hires in sales and trading
Canadian bank boosts London presence with hires in options trading and real-money sales
Scepticism over tapering pays off for Westpac
Westpac tops this week's one-month currency forecast rankings with low expectations for the dollar and the yen
FX platforms divided on management of costs and speed
Officials at EBS, LMAX Exchange and State Street Global Exchange debate key issues facing new and incumbent platforms during a live webinar
Traders welcome latest UK-China deal on RMB
The extension of the RQFII scheme to UK investors will further grow London's position as an international hub for offshore renminbi business, say traders
Barclays restructures European FX sales management
UK bank has moved from a geographically organised sales force to focus on its three core client segments
KCG Europe loses chief executive
Robert Smith departs the recently merged company in Europe
Banks push for greater adoption of two-way CSAs
The Bank of England's decision in 2012 to start using two-way collateral model fails to spur change, and traders are calling for more to adopt the model
Barclays appoints Cartledge to head new e-Ficc team
Management changes at Barclays globally after Cartledge takes on role leading the bank's new electronic Ficc trading team