Articles by Miriam Siers
Oanda back to basics as tough rules hit retail market
Margin FX trading provider Oanda is shelving plans to expand into the institutional space and is moving its focus back to retail clients
UBS becomes eighth liquidity provider on FXSpotStream
Swiss bank scheduled to be live by late in the second quarter as the aggregation service continues to gain traction, with plans to expand into new products
TD Securities loses Asia-Pacific FX sales head
Joe Craven departs the Canadian bank in Singapore
CFTC ‘neglect’ of Sef rules angers platform providers
After missing numerous deadlines to finalise the criteria for Sefs, the CFTC will not publish the rules until late April at the earliest, much to the frustration of market participants
Client funds are safe, claim Cyprus-based FX brokers
Cyprus has become a haven for retail FX brokers in recent years, but the crisis that has arisen from the rejected bailout package this week has unsettled the market
BMO in double win with accurate yen forecasts
USD/JPY could rise up to 100 in time, according to Bank of Montreal's Benjamin Reitzes, whose forecasts put the bank at the top of the 12- and one-month forecast rankings
Banks vie for position in taking EM currencies electronic
Electronic trading is beginning to take off for emerging market currencies as banks race to meet client demand for a means of trading EMFX electronically. What unique challenges exist when it comes to e-FX in emerging markets? Miriam Siers reports
Haskins joins Nomura to head North American FX sales
Morgan Stanley's former head of emerging market and FX sales for the Americas moves to similar role at Nomura
Credit Suisse strategy head moves to BNP Paribas
Daniel Katzive to join BNP Paribas in New York as head of FX strategy for the Americas
EDF Man appoints new global FX head
Ryan Schiff promoted to global head of foreign exchange at broker EDF Man Capital Markets
BoJ's inflation target unattainable, says Nomura
Panellists at Bloomberg event yesterday debated whether the yen will continue to weaken as the Bank of Japan pursues an ambitious 2% inflation target
NAB loses global FX trading head
National Australia Bank's global head of FX trading, Tom Pragastis, is leaving after six years to move to the buy side
Fenics partners with Traiana for post-trade connectivity
Fenics Software will use Traiana's Harmony network to connect its clients to trade repositories and central counterparties as mandatory reporting and clearing looms
Credit Suisse prime services head to change roles
Philip Vasan, formerly head of global FX and now head of prime services, will move on to run the private banking division in the Americas next month
UBS salesman returns after three years at Barclays
Swiss bank has re-hired an institutional FX salesman in Stamford who left the bank in 2010 to join Barclays in New York
Harmonic Capital strikes balance between voice and electronic
London-based fund manager believes voice trading continues to be an important way of maintaining a strong relationship with the sell side
Sub-Saharan African currencies gain traction
The search for yield in currency markets is leading investors into new emerging market currencies in sub-Saharan Africa, according to banks focused on the region
Danske in double win after betting on sterling weakness
An accurate long-term view on the downward trend of the pound lands Danske Bank at the top of the three- and 12-month rankings
Sterling expected to slide further after UK downgrade
FX traders and strategists believe the pound still has further to fall, having already depreciated significantly against the dollar since January
Goldman Sachs loses 15-year FX veteran
Managing director and head of EM FX trading for Emea has left the US bank in London
Bank of England swap line expected to fuel RMB growth
The creation of a swap line with the People's Bank of China should lead to greater confidence in the offshore renminbi market, according to traders and strategists
CLS continues hiring spree with new legal head
Alan Marquard, formerly head of legal at Absa Capital, has been appointed chief legal officer at CLS, starting on Monday
Barclays launches client aggregator in response to fragmentation
Gator smart order routing tool has been tested internally by Barclays spot traders for more than a year, and is now being rolled out to clients
Tempered euro bet lands CIBC on top
The Canadian bank accurately forecast the euro would rise and then fall in its one-month forecasts submitted on January 18