Feature
Adapt or fail
Since October last year, extreme movements in South Africa's foreign exchange rate have caused offshore hedge funds to exit the market, while dealers have been reluctant to take on risk. Those that remain active have had to adapt their behaviour. By Mark…
Tests for market efficiency lead to efficient trading
Traders can save time and money by becoming more savvy about the markets they invest in, says Irene Aldridge, managing partner at Able Alpha Trading in New York
A time for special FX
Dealers are beginning to think a lot more seriously about credit-adjusting the prices they quote on foreign exchange derivatives. How are they calculating this, and how are clients responding to the move? By John Ferry
Move quickly
Irene Aldridge, quantitative portfolio manager and managing partner at Able Alpha Trading, looks at high-frequency trading in an environment of wider spreads
Algo FX: the battle for market share
Algorithmic trading in foreign exchange is tipped to experience continued growth, but the uptake is not without its obstacles. Susanna Robinson reports
Time for a rethink
The weak dollar and high implied volatility in currency markets has claimed a number of victims in the corporate sector. Dealers discuss the shift in clients' hedging strategies. By Gail Mwamba
e-FX AWARDS 2008: A celebration of innovations and evolution
The e-FX awards celebrate best practice and innovation in the forex market. The increasingly demanding needs of clients from the sell side to the buy side have meant technological developments continue at full throttle. This year was no exception. In…
Danske Bank's local focus pays off
Danske Bank's win in the Scandinavian currencies category this year is thanks to investment in its 24-hour foreign exchange desk in Copenhagen and a continued focus on retail business, said Niklas Karlsson, global head of FX spot and options.
Turbulent markets for forex traders
Marcus Browning, global head of G-10 options at Citi in London, said although clients began the year looking at carry trades, they remained cautious, which proved well advised when the market turned in the summer. "We sold very few structures where…
FlexTrade swipes algo honours
Technology vendor FlexTrade has trumped the competition by taking home the best vendor for algorithmic trading award for the second year running.
Reuters tops dealing tech
Reuters has beaten tech rivals Currenex and Cognotec to first place in FX Week 's best vendor in dealing technology category this year.
Tullett's successful 2007 due to focus on Asian markets
Tullett Prebon has clinched the title of best broker in emerging markets, up from third place in last year's rankings.
Informa new leader in research rankings
Informa Global Markets has overtaken 4Cast and IDEAGlobal to win this year's award for best research and strategy vendor.
Icap stays at the top in spot forex
Interdealer broker Icap continues to dominate the spot FX market.
RBC and ANZ stay on top in active markets
Royal Bank of Canada (RBC) and ANZ held the top spots in their domestic markets, as increasing activity in the Canadian and Australian dollars attracts global banks to this lucrative area.
FXall still reigns
FXall has taken the prize as best multi-bank FX portal for the sixth year running by continuing to drive innovation.
Efficient delivery gives TFS-Icap options advantage
TFS-Icap has catapulted above rival interdealer brokers GFI and Reuters to swipe top spot in the contentious best broker for currency options category.
BarCap best bank in London
Barclays Capital topped the rankings as the best bank in London for the first time in the 2007 awards, taking the title from last year's winner HSBC. BarCap also won the awards for best sterling/dollar bank and best in euro/sterling in the survey,…
UBS earns post-trade and CLS plaudits
UBS cemented its position as the top post-trade bank with a third-time win for post-trade services this year. The bank also regained the award for best third-party CLS provider after losing out to ABN Amro last year.
HSBC still number one for Asia-Pacific FX
HSBC has retained pole position as the pre-eminent bank in the Asia-Pacific, while also scooping up accolades as the best dealer in emerging Asian currencies and EMEA currencies.
Swift grows front office
Halfway through its five-year strategy, industry co-operative Swift has made improving front-office services a priority