News
BAML builds out UK corporate sales
LONDON – Bank of America Merrill Lynch (BAML) is expanding its UK FX corporate sales team with the hires of Matt Rolfe and Nick Hardy in London.
UBS loses three in sales
LONDON & STAMFORD, CT - UBS has lost three salespeople on both sides of the Atlantic in the past fortnight. All are due to set up shop at rival camps.
Ta Chong Bank to implement FinIQ structured products solution
TAIPEI - Ta Chong Bank, Taiwan (TCB) is going live with technology from FinIQ to manage currency-linked investment products sold through its treasury and branch network.
Trading Places, April 5, 2010
Read this week's people moves in the FX market across London, New York and Hong Kong.
Sovereign debt and LatAm-related hedging key for Spanish dealers
Spanish dealers explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010
BarCap loses Mihocko-Tierney to BAML
BAML gains in electronic commerce and investor sales
Otkritie poaches MDM's FX Team
A new force in Russian FX is making its presence felt.
ABN Amro set to restart 24h forex business
ABN Amro is set to re-launch its 24-hour trading capabilities next month, as it aims to regain clients lost after the Royal Bank of Scotland (RBS) acquired its foreign exchange business in 2007.
Asia live with pooled reserves fund
HONG KONG – Asia took a crucial step towards regional independence with the introduction of $120 billion in reserve funds under the Chiang Mai Initiative Multilateralisation (CMIM) arrangement, last Wednesday (March 24).
Greek bailout fails to inspire FX traders
The Greek bailout fails to appease forex traders
Atrium deploys forex fibre network
As part of an ongoing project, network provider Atrium Networks plans to finish the deployment of a network dedicated to foreign exchange connectivity by the end of the year, according to vendor officials.
Weiss and Dechpokket depart Credit Suisse
Credit Suisse loses two more options traders
Nordea eyes retail FX
Nordic seeks uncorrelated flow
Trading Places, March 29, 2010
People moves
Currenex loses CTO
Gilman heads to pastures new
Corporate hedge ratios reach record levels
JP Morgan corporate survey released
Barclays Wealth adds to retail FX system
LONDON - Barclays Wealth has upgraded its retail foreign exchange trading platform, BarxDirect, as it prepares for the rollout of exotic Asian currencies next month.
SuperDerivatives builds out exotic options
SuperDerivatives adds to its exotic options offering.
Integral debuts trust bank allocation module
Vendor capitalises on regulatory changes in Japan
RBS appoints Asia sales chief
UK bank regains Asia sales leadership