Citi
Investors flock to the Mexican peso
Following significant appreciation of the Mexican peso during the first quarter of 2012, the currency has become a favourite emerging market bet for investors, and market participants believe it will stay that way. Melanie White reports
SG CIB’s ex-head trader eyes the buy side
Richard Bailey is expected to join the buy side, having left his role as global head of FX trading at SG CIB last week
Commerzbank hires quant to head new FX solutions team
Jessica James joins Commerzbank from Citi, reporting to Nick Crawford and Gerald Dannhaeuser
JPM's Foster joins Nomura to head G-10 spot
Antony Foster joins the Japanese bank from JP Morgan
Trading places, March 26, 2012
New appointments at Citi and Deutsche Bank, and departures from RBC Capital Markets and RBS
Esma must replicate US Treasury’s FX exemption, says EC official
Patrick Pearson, head of the European Commission unit that drafted Emir, says FX swaps and forwards must be exempt from clearing under Esma standards
Curran departs hedge fund sales head role at Nomura
Cost-cutting measures at Nomura hit forex sales and structuring, claiming Louis Curran, Mark Stafford and Peter Larsson
Banca IMI hires Citi’s Salcioli to head FX sales
Gianmarco Salcioli joins the Italian bank in Milan, having worked previously at Citi and Barclays Capital
Nomura expands in Dubai
FX traders Hyeonmuk Mun, Hatem Jerad and Ali Debbagh join Nomura to focus on Mena region
Trading places, February 27, 2012
New appointments at Citi, MarketPrizm and ING Investment Management
Digital Vega debuts Traiana’s updated credit and risk service
Post-trade technology provider Traiana has this week launched a new version of Harmony CreditLink to support FX derivatives, with Digital Vega's Medusa the first platform to roll it out
Spotlight on: Nigel Khakoo, Nomura
Nomura's newly appointed global head of FX options talks to Miriam Siers about why he chose to join the Japanese bank after a career at JP Morgan, Merrill Lynch and Citi, and how he is navigating the challenges facing the options market as a result of…
Trading places, February 20, 2012
Appointments at MarketAxess, Esma, Iosco and the WMBAA
Latest turnover figures tell positive story for FX, say committee members
Steady volume rises in US and UK indicative of healthy state of foreign exchange markets
ITG hires FX analyst to boost TCA effort
Jim Cochrane joins the vendor from Thomson Reuters, having also worked at a number of banks
Uralskaya joins SEB in Moscow
She was previously on the treasury FX sales desk at Citi
Bonus season sees mixed results for US bankers
Recruiters covering the foreign exchange market report better-than-expected bonus packages at Citi and JP Morgan
FX volumes set for more modest rise in October 2011 survey results
The 23% rise in UK turnover in April 2011 was a one-off, according to market participants, but further increases expected in October 2011 survey results
Lloyds appoints Moore as head of trading
Former Citi fixed-income head and MF Global chief executive for Europe will join Lloyds on March 1
Citi’s Jones to relocate to London
Simon Jones to head up FX e-trading across G-10 and emerging markets
BNP Paribas preps launch of Cortex single-dealer platform
French bank expects to launch its new platform early in the first quarter of 2012, following a 14-month development period
Camilla closes record FX trade for Icap’s charity day
The Duchess of Cornwall closed a $27 billion FX trade between Barclays and Citi, believed to be the largest FX trade ever
FX Week Europe: Algos prove their worth in volatile markets, say banks
By locating the best sources of liquidity and benchmarking execution to the rest of the market, algorithmic strategies add value in difficult markets, according to pioneers at Credit Suisse and Citi
Gammage joins FXall from Citi
Citi's former head of G-10 e-commerce sales to head active trading for the Americas at FXall