Commerzbank
BNP Paribas hires senior FX trader from Commerz
Kevin Wilson joins the French bank in New York; other personnel changes at ACT Currency Partner and UBS Global Asset Management
Bailey joins Commerzbank as FX options head
Industry veteran Richard Bailey moves back to the sell side to take a new role at Commerzbank in London. Meanwhile, derivatives head Peter Billington leaves the German bank
Lloyds hires FX trader from Commerzbank
New York-based Robert Philbin has moved to Lloyds after less than a year at Commerzbank
EBS Direct hires Hugh Whelan from Commerzbank
EBS appoints Whelan to oversee liquidity management for the company's new relationship-based platform
SEB hires spot trader in Asia
Commerzbank spot trader joins SEB in Singapore; other moves from RBS, BAML and Barclays
Asia Fic trading head exits Commerzbank
Paul Durrant, head of fixed-income trading for Asia, has left the German bank in Singapore
Commerzbank broadens e-FX package with DealHub
Commerzbank is the first publicly named bank to be using FX Distribution Hub, with FX Connect the first venue to go live on the service
Commerzbank loses Fic trading head
Changes in Commerzbank's fixed-income and currencies business see the departure of trading head Hui-Sun Kim
Legal & General's FX trading head tasked to grow derivatives
Newly appointed to head FX trading at Legal & General Investment Management, options trader Virginie Queval is looking at ways to grow the firm's small FX business
Goldman Sachs hires in FX sales and trading
New hires at Goldman Sachs and Commerzbank while HSBC's prime-brokerage head relocates to Asia
Hedge fund sales head to leave Commerz
Mark Cudmore will leave the German bank at the end of August, after two years in the role
Hotspot reduces 'last look' response time by 100 milliseconds
Although the platform reports the cut has already had a positive effect, dealers working outside Hotspot's base in New York could experience latency issues
EBS Direct begins beta testing with four liquidity providers
Icap's push into disclosed FX liquidity takes a further step as EBS Direct enters beta testing
Commerzbank expands FX sales team in London
Commerzbank builds in FX, hiring salespeople from Société Générale and Credit Suisse
Banks beef up quant solutions for FX in response to buy-side demand
Morgan Stanley and Commerzbank are investing in quantitative offerings as a part of their FX strategy, but other banks are pulling back from the business
Investors return to FX as volatility and volumes rise
Banks are reaping the benefits of the return of hedge funds to the FX market as a result of rising volatility, which in turn is driving volumes higher
Sub-Saharan African currencies gain traction
The search for yield in currency markets is leading investors into new emerging market currencies in sub-Saharan Africa, according to banks focused on the region
Managing the costs of liquidity fragmentation
The increase in electronic trading venues in the FX market has created the potential for further fragmentation of liquidity. Banks say the challenge creates an opportunity for technology vendors, but what solutions are on offer? Robert Mackenzie Smith…
Exchanges poised for further volume growth in FX
Both exchanges and ECNs have reported an uptick in FX trading volumes in January, but some suggest exchanges might be the biggest winners as activity rises in forex futures and options
Traders braced for further yen weakness ahead of BoJ meeting
Many market participants were caught unawares by the sharpness of the yen's fall in recent weeks, but all eyes will be on the currency's reaction to this week's Bank of Japan meeting
Banks told they will not benefit from Basel LCR delay
National supervisors tell banks not to lower liquidity buffers, with market forces also pushing banks towards 100% compliance with measure
Trading places, January 7, 2013
New hires at Commerzbank, SG CIB, C-View and Progress Software
360T Americas chief executive departs
Philip Harris has left the FX trading platform provider after four years
Has last look had its day in FX?
Last look remains a divisive issue in the foreign exchange market, but some platform providers believe it has had its day and is no longer necessary for banks