HSBC
Veteran spot trader departs HSBC
Gareth Cook leaves the bank after 26 years
Bank focus on new options platforms intensifies
Tradeweb recently became the latest technology provider to launch a multibank trading platform for FX options, as a handful of new platforms compete to harness liquidity in the product. More than a year since the first platforms went live, which ones…
BNP Paribas rolls out Cortex FX single-dealer electronic platform
The French bank today unveiled its long-awaited e-commerce platform, which replaces the white-label FX eTrader offering it launched in late 2009
UK banks ramp up RMB resources in London
Both RBS and HSBC have made senior appointments to prepare for the growth of renminbi in London. The new business heads talk to Chiara Albanese about their priorities
HSBC cautiously optimistic on euro recovery
Strategists at the UK bank went against the consensus in early January by predicting EUR/USD would rise to 1.31 in a month's time, landing the bank at the top of the one-month rankings
HSBC builds out London RMB centre
Key appointment made to drive growth and strategy for the development of London as an offshore renminbi trading centre
Swiss franc surge tests SNB resolve
Traders and strategists expect the SNB to defend but not raise the 1.20 floor on EUR/CHF, despite the spot rate having come close to the floor in recent days
Welsh and O’Sullivan head FX at Jefferies
Ben Welsh heads FX in New York, with Dan O'Sullivan as head of FX trading
Fusion AM pitches FX liquidity hedge to corporates
Options-based strategy was developed after a request from a large European exporter, and protects corporates from the liquidity risk arising from volatile currency moves
What’s in store for 2012?
At the dawn of a new year, FX Week speaks to senior traders, strategists, technologists and lobbyists about their expectations for 2012. The eurozone crisis, implementation of regulation and technology upgrades top the agenda for many participants…
Markets braced for tough 2012 in FX
Market participants share their expectations for a challenging year ahead in the foreign exchange industry
Review of 2011
As 2011 draws to a close, FX Week looks back on a year in which the decisions of politicians increasingly came to define the direction of major currencies, while the progress of regulatory reform was stunted by missed deadlines and challenging technical…
Banks dare to hope for calmer FX markets in 2012
Barclays Capital expects greater stability in the eurozone in Q1, but believes the euro will continue to depreciate
Maher to join HSBC in FX strategy
Daragh Maher recently departed Crédit Agricole CIB, where he was deputy head of FX strategy
HSBC lands at top for corporate and EM business
Exploiting the opportunities arising from the internationalisation of Chinese renminbi has been a key part of HSBC’s success in FX, says derivatives head
BNP Paribas hires Boehler to head institutional sales
Adrian Boehler will join in mid-December, having left HSBC in June
Simone Andre leaves HSBC sales role
Andre's departure is part of the bank's cost-reduction exercise, which has already made a number of FX sales and trading roles redundant
Babich departs HSBC as cuts hit FX
Dean Heiden, Chris Bolton, Ted Mermel and Lily Han have also left FX sales roles in London and New York as part of HSBC cuts
Political crisis in Europe brings volatility back to FX options
Volatility returned to eurodollar last week as FX traders priced further downside risk into euro options
ADS expands sales effort with senior hire
Ex-HSBC Hassan Hannouf joined ADS Securities in Abu Dhabi last month
Ex-RBS de Wulf joins HSBC in FX sales
Ruth de Wulf will be based in London and cover Scandis and the Netherlands
FX Invest Middle East: Mena region dodges Arab Spring 'curveball'
HSBC's senior economist for the Middle East and North Africa tells delegates at FX Invest conference that the region has dealt with two big challenges this year, but it stands in better shape than some developed economies
Turkish intervention poses threat of inverted currency war
A wave of intervention by Turkey and Poland’s central banks to strengthen the lira and the zloty could lead to an inverted currency war if other central banks follow suit, according to strategists. Chiara Albanese reports
Emerging markets focus to boost NDFs despite clearing costs
The growth of the non-deliverable forwards market will not be hit by impending clearing laws