News
Decimalisation unlikely on Thomson Reuters Matching, says Jas Singh
Head of treasury rules out decimalisation for the foreseeable future, and explains his decision to exit interbank options matching
Steve Toland departs EBS
Head of sales for Europe and North America departs as Jeff Ward promoted to global head of EBS sales
Commerzbank hires Chauval and Portlock in Singapore
Chauval joins from ANZ, Portlock from UBS, amid string of Asian hires
BAML to become clearing broker on FXall Order Book
Partnership answers client demand for direct access to Order Book ECN
Regulation will hurt FX liquidity, says Deutsche
Research warns reporting and exchange trading requirement will restrict liquidity in the market
Banks welcome launch of CNH fixing
Treasury Markets Association launches USD/CNH spot fixing today, with quotes provided by 15 banks and the rate calculated by Thomson Reuters
Banks and ECNs join forces to prevent FX flash crash
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
Westpac recruits Townsend and Cameron in FX forwards
Townsend joins from Commerzbank and Cameron from Barclays Capital
Trading places, June 27, 2011
Promotions and appointments at Nomura, Schroders and RBS
UGS signs Kiwi start-up as first client
Start-up currency firm ForexAtom deploys Unified Global Solutions' new Adaptware platform
Wintersgill quits BAML
Institutional FX sales head follows his boss to the door
Oanda lands in London
Managing director Antony Broadbent tells of plans to continue a move into institutional FX
Crunch time for the US dollar, says Barclays Capital
US economic issues overshadowed by the eurozone crisis will return to the fore in Q3 and push US dollar depreciation, according to quarterly report
Three CCPs per asset class optimal, say market structure experts
IntercontinentalExchange representative declines to comment on the possibility it will compete with CME and LCH.Clearnet in FX clearing
Cudmore out of Nomura
FX salesperson expected to join Commerzbank
Ex-BarCap Mosseri-Marlio joins UBS
FX sales head left Barclays Capital in London in January
Icap hits record CNH volumes
Average daily volumes on EBS in June double those in May, with a record $92 million traded on June 17
Moorhouse joins FXall from Thomson Reuters
Will focus on EMEA sales for the active trading business
Gu to retire from BAML
Gerhard Seebacher appointed head of global rates, foreign exchange and structured credit trading
Trading Places, June 20, 2011
Senior FX departures from Santander and HSBC, while Caplin appoints general manager for new Hong Kong branch
DTCC and Swift eye FX trade repository
New York-based group set to develop trade repository for every other OTC asset class and has pitched for FX in partnership with Swift
Kx Systems targets FX participants with database technology
Client talks of the importance of thorough data cleansing and analysis in an environment of increasing FX volumes and tougher regulation
Alior’s new ECN off to a flying start in Poland
Alior Trader already seeing daily turnover of $100 million per day
Lack of liquidity could hinder offshore RMB centres
Former US Treasury official cautious on prospects for offshore renminbi