News
Corporates ‘complacent’ over FX hedging costs
Treasurers wrong to believe tight prices will last indefinitely, says senior treasurer at a global technology company
BGC appoints Hirschhorn in New York
BGC appoints industry veteran as chief information officer
VTB FX derivatives head leaves bank
London and Moscow-based FX derivatives head leaves his post
Nomura loses two more in FX sales
Japanese bank suffers further exits in New York following Tom Haskins' recent departure
UK set to issue RMB-denominated sovereign bond
Bank of China, HSBC and Standard Chartered appointed to help in the issuance of the bond, which will help finance the UK's reserves
Agency desks take on risk to raise revenues
Decreasing volumes and volatility this year have helped the trend
Bank of Russia sells $1.4 billion to prop up ruble
Central bank intervenes in foreign exchange market to support currency as it continues to slide against the US dollar; commentators split over prospect of rate hike
CFTC announces new FX sub-committee
The public meeting at the CFTC will discuss NDF clearing and bitcoin
London Capital Group recalibrates its ambitions
UK-based retail outlet to broaden horizons with expanded agency brokerage and key hires from the institutional market
Bloomberg Sef sees $60 billion worth of FX trades in first year
Notional value of $59.78 billion passes through the platform's doors in the last 12 months
ADS Securities launches in London
The Abu Dhabi-headquartered company opens in London and entrusts James Watson to lead its expansionary efforts in Europe
'Fired' Deutsche trader joins Mexican financial group
Ex-Deutsche trader says she resigned on amicable terms and her exit was unconnected to the benchmarks probe
Banks consider sealed trading rooms to reform benchmark procedures
Traders executing fix orders are to be isolated from colleagues to prevent manipulation
LCG head of FX departs
Peter Wells' appointment as head of FX sees Foster exit
Anselmetti joins UniCredit
Anselmetti joins as an advisor for institutional and large corporate FX sales
Sefs record FX volume uptick as buy side signs on
Sefs top $200 billion of FX volume in one week to mark one-year anniversary
Burroughs and McClements join RBC Capital Markets
Burroughs becomes a director and McClements a vice-president in e-FX sales
Volume boost for EBS at last
Volumes up in third quarter, but still depressed by historical standards
Tradition launches African FX futures
Zambian, Kenyan and Nigerian currency futures to be offered on JSE
Nomura lets go head of North American FX sales
Nomura fires senior sales person in New York after four exits in London
Global trade reporting ‘a mess', Sibos delegates told
DTCC and Commerzbank tell Sibos delegates that global derivatives trade reporting requires further regulatory intervention to be a success
JP Morgan promotes Emea FX sales head
Scott Hamilton adds new responsibilities to his rates role after Wacker is promoted at the US bank
BlackRock's Novick slams banks' 'reprehensible' behaviour
Banking ethics and the enormity of regulatory fines are discussed by Sibos panel