JP Morgan
Trading places, November 12, 2012
New appointments at Bloomberg Tradebook and RiskBusiness, while JP Morgan's former chief risk officer will retire by the end of the year
FXall gains ground in options with three new banks
Thomson Reuters' pre-trade capabilities compliment the new options offering, says FXall chief executive Phil Weisberg
HSBC reshuffles institutional sales management
Claude Goulet promoted to head of institutional FX sales in Emea, as Chris Smith joins to head hedge fund sales
NAB beefs up institutional FX sales team
National Australia Bank has made three additions to its sales team in recent months from ANZ, JP Morgan and Morgan Stanley
Trading places, October 22, 2012
New appointments at Rimes Technologies, the SEC, the London Stock Exchange and the British Bankers' Association
Spotlight on: David Puth, CLS
As newly appointed chief executive of CLS, FX industry veteran David Puth has a job on his hands to expand and improve the utility’s capabilities, currencies and participation to take it to where regulators and the industry need it to be. In his first…
JP Morgan promotes Mirza in management reshuffle
Kayhan Mirza and Kemal Askar handed new roles as part of an internal reshuffle
Trading places, October 8, 2012
Departures at Barclays, BNP Paribas and JP Morgan, while Standard Chartered hires an ex-UBS salesman
JP Morgan’s Rohrbaugh appointed chair of global FX division
Troy Rohrbaugh, JP Morgan's head of FX and rates, succeeds Zar Amrolia as chair of the industry's global FX division
FXSpotStream adds Morgan Stanley as liquidity provider
The US bank becomes the seventh liquidity provider on FXSpotStream, which is now live and trading after it was first announced in May
Credit to remain a dominant theme in FX, says Traiana’s Coyne
Closer scrutiny of credit relationships has become a major trend in the FX market, leading to initiatives such as the Kill Switch, which has already been used to shut off the activity of a prime broker’s client, reveals Traiana chief executive Andrew…
Trade reporting pressure increases as CFTC deadlines loom
DTCC data repository has received provisional CFTC approval, just three weeks ahead of mandatory reporting for credit and rates, with FX reporting due to begin in January
Barclays FX salesperson quits for JP Morgan
A second member of Barclays' northern Europe and Switzerland FX sales team has left the bank to join JP Morgan
European OTC clearing documentation faces delay
Complications over close-out mechanisms and segregation models will delay the European addendum by up to three months, say dealers
Trading places, September 17, 2012
New hires at BNP Paribas, TD Securities, Esma and Forex Club
ABN Amro hires Duff to build FX clearing business
Dutch bank hires industry veteran to launch clearing business in North America
Martine Bond exits Morgan Stanley
The chief operating officer for FX and emerging markets has resigned from Morgan Stanley and is understood to be moving to State Street
CLS hires JP Morgan veteran as chief executive
David Puth will become the next chief executive of CLS, starting next week, the settlement risk utility announced today
FX mobile trading apps move from retail to institutional
The use of mobile applications to access foreign exchange trading platforms has been a growing phenomenon among retail users for some time, but top-tier banks are also now competing to offer the full range of trade-related services through mobile devices…
Sef connectivity hurdle looms for bank platforms
Many single-bank platforms have elected to connect to swap execution facilities, where they can route regulated products rather than losing that business altogether. But the new model requires connectivity to multiple platforms, which could be costly and…
Bank of Montreal adds FX strategy head in London
Audrey Childe-Freeman has joined BMO Capital Markets in London as head of FX strategy
HSBC hires from Deutsche to fill hedge fund sales role
Appointment is the latest in a series of hedge fund sales moves after JP Morgan hired Michael Spencer from HSBC earlier this year
Global FX division hires Asia-Pacific MD
David Ngai joined the division in Hong Kong on August 1, reporting locally to Mark Austen and globally to James Kemp
FXSpotStream gathers pace with start of production trading
Start-up FX price-aggregation service is gaining increasing traction with clients, say liquidity providers