News
New firm Savi targets home traders
LONDON - Former Bank of America spot trader Sachin Shah has founded his own proprietary trading company, Savi Trading, to target the thriving retail foreign exchange market.
Ice joins forex central clearing debate
ATLANTA - Jeffrey Sprecher, chief executive at Atlanta-based IntercontinentalExchange (Ice) has become the first major exchange official to call into question the need for central clearing of foreign exchange derivatives trades.
Deutsche triumphs as FX powerhouse
LONDON - Deutsche Bank has usurped Citi to win the accolade of best bank for foreign exchange in a year characterised by unprecedented levels of market risk. The award also marks the first time the German bank has been recognised as the top FX dealer in…