Articles by FX Markets Staff
BNP Paribas hires senior FX trader from Commerz
Kevin Wilson joins the French bank in New York; other personnel changes at ACT Currency Partner and UBS Global Asset Management
SEB hires spot trader in Asia
Commerzbank spot trader joins SEB in Singapore; other moves from RBS, BAML and Barclays
Powell departs BoA Merrill Lynch
LONDON - David Powell, a G-10 currency strategist at Bank of America Merrill Lynch, left the bank in London last week (November 10), market sources have told FX Week .
Sales head quits RBS
LONDON - Royal Bank of Scotland (RBS) continued to be hit by senior-level departures last week, with the global head of foreign exchange bank sales the latest to walk out the door.
A changing longer-term dollar paradigm
Pete Luxton, global economic adviser at Informa Global Markets in London says the dollar may be reaching a turning point
CMC builds with StreamBase
LONDON - CMC Markets has deployed a complex event processing (CEP) system from StreamBase to price foreign exchange, and plans to extend the use of the system to indexes, commodities, treasuries and equities trading by year-end.
Trèny joins Credit Suisse
LONDON - Stéphane Trèny is set to join Credit Suisse later this month to head the Swiss dealer's foreign exchange corporate sales team for southern Europe, according to market sources.
RBS sees currencies business decline
LONDON - The Royal Bank of Scotland reported a 66% fall in income from the currencies business, to £141 million in the third quarter of this year, versus the same quarter in 2008.
ETF Securities lists 18 new forex products in London
LONDON - ETF Securities launched 18 G-10 currency-linked exchange-traded commodities (ETCs) on the London Stock Exchange (LSE) last week.
StanChart continues US build-up
NEW YORK - Standard Chartered has hired Peter Hirsch as head of rates trading, Americas, and Brian Varga as head of US Treasury trading, Americas, in New York.
Velocity Trade readies API connectivity
TORONTO - Canadian foreign exchange dealer Velocity Trade expects to take its first client live sometime this week, say officials, with an application programming interface (API) connection into the dealer's middle- and back-office systems.
Sticking to fundamentals
Callum Henderson, global head of foreign exchange research at Standard Chartered in Singapore, warns of a violent US dollar upside correction in the first half of 2010