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
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
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
India's RBI to allow OTC FX options
MUMBAI - The Reserve Bank of India (RBI) released draft proposals on November 12 that will allow importers and exporters to write over-the-counter forex options contracts, in response to calls by banks and industry bodies.
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.
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.