News
Bozian to leave CLS
Alan Bozian will leave CLS at the end of April, to be replaced by Gerard Hartsink until the firm appoints a new chief executive
State Street back under spotlight as Connecticut attorney general investigates FX charges
US custodian bank in further pricing setback
Trading places, April 16, 2012
Appointments at Man Group, Renaissance Capital, Icap, TD Securities and Tabb Group, while HSBC loses head of eFX sales for Emea
Middleware providers square up to challenges of NDF clearing
Traiana and MarkitServ are vying for market share in the connectivity business, which is becoming more crucial as participants seek to connect to FX CCPs
Credit Suisse loses head of FXPB
Paul Houston, Credit Suisse's London-based global head of FX prime brokerage, has left the bank
Nomura appoints new FX structuring head
JP Morgan veteran Tim Owens has joined Nomura this week as global head of FX structuring
Currency floor breach raises questions over SNB policy
The Swiss National Bank should consider enlisting the help of top-tier banks to keep EUR/CHF above 1.20, forex traders suggest
FXall enters monthly volume contest with strong March results
Average daily volume on FXall in March was $90.4 billion, up 9% on March 2011
Veteran EM trader exits RBS for the buy side
Eric Lieberson has left Royal Bank of Scotland after 17 years, to join Civic Capital, a New York-based advisory firm set to launch a hedge fund later this year
Goldman Sachs sales director departs for Nomura
Evren Pacalioglu Tore has left Goldman Sachs and will join Nomura later this year
A spot of bother
Traders exploiting the spread between CNH deliverable forwards and CNY NDFs got a nasty surprise in September last year, when the basis trade blew up amid a reversal of the spread. Georgina Lee looks at what investors can learn from this turn of events
Trading places, April 9, 2012
Departures from JP Morgan and Morgan Stanley, while Deutsche Bank appoints a salesman from Credit Suisse
Frontier currencies gain traction with investors
FX strategists and currency managers report growing interest in frontier currencies such as the Kenyan shilling, Ugandan shilling and Nigerian naira
Depressed FX trading volumes continue in March
Average daily spot volume on EBS and Thomson Reuters remained low in March in comparison to previous years, both platforms have reported this week
UK Lords committee takes on financial transaction tax
The model proposed by the European Commission for a financial transaction tax would not meet its objectives and the UK government should redouble its efforts to veto the proposal, says the House of Lords
Oanda unveils new social networking-based spot platform
Oanda's fxUnity platform, unveiled this week, is aimed at making FX trading simpler and more user-friendly for aspiring currency traders
SG CIB appoints new Fic sales heads
Albert Loo and Pascale Moreau have been promoted to head up fixed-income and currencies sales as part of a management shake-up at SG CIB
Francis leaves top sales role at RBS
Lisa Francis, head of UK and northern European FX sales, has left Royal Bank of Scotland
FXall appoints new Emea head as Warms departs
Mark Warms will leave FXall this week, having been with the firm since its inception, to be replaced by James Watson
Record Currency Management loses counterparty management head
Preeya Patel is to leave Record Currency Management after five years, and is understood to be joining Westpac
Gian-Luca Fetta takes FX lead at SG CIB
Société Générale Corporate and Investment Banking has promoted its equity flow co-head to run foreign exchange, following a number of recent departures
FX Invest April-June now LIVE!
Read about risk-adjusting exposure to the renminbi; growth of the electronic FX options market; Solvency II and currency risk management; profiles with UK'as Financial Services Authority and Allianz Global Investors
BNP Paribas expands in prime brokerage
Matt Pinnock will join in May as head of prime brokerage services for Europe and Asia
FXall appoints tech heavyweight as CIO
Steve Rubinow joins FXall from Nyse Euronext, reporting directly to Phil Weisberg