Articles by Miriam Siers
360T Americas chief executive departs
Philip Harris has left the FX trading platform provider after four years
JP Morgan Private Bank hires Barclays FX strategist
Sara Yates joins JP Morgan as global currency strategist for the private banking FX and commodities business
Yen set for further weakness, says Bank of Montreal
The Canadian bank accurately forecast in December 2011 that the yen would begin to weaken during 2012, landing it at the top of the 12-month rankings
Aussie dollar remains strong after RBA rate cut
The Australian dollar rallied after the RBA rate cut on Tuesday and strategists expect interest rates to remain at 3% for the next six months, supporting further strength
HSBC echoes call for greater official focus on offshore RMB
The FX market's fixation on the crises in the West has led participants to miss out on opportunities in offshore renminbi, and governments should give greater support to the currency’s development, HSBC believes
RBS hires FX options head for Americas
Appointment follows the recent departure of Ian White, who joined Nomura as senior FX options trader on November 19
High-frequency trading: managing the nuclear power supply
New York-based AienTech likens HFT to nuclear power that can be used for both positive and negative purposes, and chief executive Ugur Arslan is preparing to distribute his technology to the broader market in 2013
Aussie strength causes problems for corporates after commodities fall
Australian mining companies have historically relied on the correlation between the Aussie dollar and commodity prices as a natural hedge for their AUD exposures, but a recent dislocation has made that hedge less reliable
Bloomberg launches CNY market data service through Cfets
New service provides live interbank rates on USD/CNY and eight other renminbi pairs, priced from 26 participating banks
Roger Hawes exits RBS
Former head of Ficc e-commerce has left the bank, a year after he spearheaded the relaunch of its trading platform, RBSMarketplace
Eurodollar will rise to 1.30 in early 2013, says Danske Bank
A prediction that the euro would strengthen after the ECB measures announced in September lands Danske Bank at the top of the three-month forecast rankings
FX Week Europe: Corporates go back to basics in tough market conditions
Regulatory change and the increasing costs arising from credit risk mitigation measures on the sell side are a growing concern, according to four corporate treasurers that spoke at the FX Week Europe conference
Tullett Prebon holds lead in options and forwards
The interdealer broker is set to launch a new FX forwards platform as it continues to prepare itself for regulatory change
ANZ continues expansion as Aussie dollar popularity rises
The Australian bank will soft launch its new collateral FX platform next month, ahead of a full roll-out scheduled for February
DealHub tackles platform proliferation with distribution product
New hub routes pricing from banks to ECN, multibank portal, single-dealer platform, aggregator and customer APIs through a single interface
UBS holds Swiss franc lead despite intervention
UBS wins best bank for the Swiss franc and best bank for post-trade services as it continues to provide liquidity despite the challenges posed by the EUR/CHF floor
Bloomberg to offer FX options after six-month pilot
The vendor's FXGO platform is the latest in a long line of electronic platforms to add FX options ahead of forthcoming regulatory requirements for electronic platform trading
Aussie forecasts revised after RBA decision to hold rates
Strategists have revised upwards their expectations for the Australian dollar after last week's RBA decision, but some expect further weakness next year
FXall gains ground in options with three new banks
Thomson Reuters' pre-trade capabilities compliment the new options offering, says FXall chief executive Phil Weisberg
Institutional FX salesman exits Deutsche
Deutsche loses an institutional salesman in Europe following a recent restructuring of the management of the institutional client group
Wanted: the FX sales team of the future
Regulation is changing the job description of the FX salesperson, to the extent that the right candidate now needs a broader set of expertise than in the past
Yen will continue to weaken under BoJ pressure, says Nomura
An accurate prediction that the yen would weaken as a result of the Bank of Japan's monetary policy lands Nomura at the top of the one-month forecast rankings
Buy side weighs risk mitigation against clearing costs
Buy-side firms look certain to bear some of the costs that result from mandatory central clearing, with some suggesting they might look to clear non-mandated products, were it not for the prohibitive costs
HSBC reshuffles institutional sales management
Claude Goulet promoted to head of institutional FX sales in Emea, as Chris Smith joins to head hedge fund sales