News
Sharp dollar carry trade unwind ruled out
A rise in dollar interest rates is unlikely to lead to a frantic scramble to close out short dollar positions, according to analysts polled by FX Week .
StanChart open all hours for GCC currencies
DUBAI - Standard Chartered has extended its online coverage of Gulf Co-operation Council (GCC) currencies to 24 hours daily from Monday to Friday, to match client demand.
Celent report: financial firms' IT spending on the rise
MONTREAL - Despite the economic decline, absolute spending figures in information technology are set to rebound globally, according to Jacob Jegher, author of the Celent report: IT spending in financial services: A global perspective .
Bank of East Asia signs on to GFI's Fenics Enterprise
SINGAPORE - Bank of East Asia (BEA) has deployed GFI's Fenics Enterprise for the pricing and analysis of retail dual currency products.
Ipam banned for audit failures
WASHINGTON, DC - The US National Futures Association (NFA) banned Orlando-based introducing broker Income Plus Asset Management (Ipam) from NFA membership on October 28, after it failed to comply with a regulatory audit.