Morgan Stanley
US dollar emerging from the woods, says SLJ Macro Partners
Weighing up the net effect of a negative outlook in the eurozone with positive growth signs in the US, Stephen Jen favours the US dollar
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
Buy US dollar rather than EM currencies as a euro alternative, says Schroders
Clive Dennis, head of currencies at Schroders, doesn't share the widespread enthusiasm for EM currencies and recommends investors should buy the dollar as an alternative to the euro
Faros Trading continues hiring spree
Tom Doyle joins the Stamford-based firm from Morgan Stanley in New York
Afme liquidity conference: Costs of FX clearing will be punitive for all
The cost of implementing FX clearing and reporting services will be too high for more than a handful of top-tier banks to do it effectively, creating the possibility that demand might not be matched by supply, FX bankers warn
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
Mettler retires from Morgan Stanley
Stephen Mettler, who runs Morgan Stanley's interest rates and foreign exchange business, is leaving the bank
Morgan Stanley cuts hit FX sales and trading
Job cuts at the US bank claim four salespeople and two traders in New York and London
Unlocking alpha from currency managers through multi-manager platforms
Forex allocations are getting larger for many pension funds and asset managers, but accessing currency funds can be difficult. Two new currency manager platforms hope to grow the investor base by making access easier. By Michael Marray
FX Invest December 2011 edition now LIVE!
With no real solution in sight for the eurozone sovereign debt crisis, volatility of volatility in currency markets is likely to remain elevated, driving up requirements to manage currency exposures in international portfolios.
Intervention won't weaken the yen, says Morgan Stanley
Strategists at the US bank took a view in October that the yen would continue to strengthen, landing it at the top of the one-month forecast rankings
Morgan Stanley Smith Barney increases managed futures allocation
Managed futures have low correlation to markets and perform well in difficult times, says MSSB. Choppy markets and frequent trend reversals created a difficult environment for the strategy this year.
Head of spot FX trading leaves Lloyds
Kelvin Jouhar, head of spot trading, and Hetal Patel, senior G-10 trader, leave the bank after their roles are made redundant
Trading places, October 31, 2011
New appointments at Citi, Caplin and the CFTC, while Saxo promotes Missonnier to run new Brussels office
FX Week Asia: Options clearing on hold, prime brokers confirm
FX clearing will be restricted to non-deliverable forwards as US authorities discuss whether settlement risk can be properly managed for cleared FX options, according to speakers at the FX Week Asia conference in Singapore
Morgan Stanley multi-manager platform goes head-to-head with Deutsche and Citi
FX Gateway, launched this week, will leverage Morgan Stanley’s prime-brokerage and distribution capabilities and give institutional investors direct access to up to 20 currency managers
e-FX success hinges on user experience as much as pricing, say banks
Lloyds Bank Corporate Markets became the newest entrant to the e-commerce space earlier this month with the launch of its Arena platform. Miriam Siers talks to banks and technology firms to find out what differentiates platforms in this competitive space
Central banks take aim at dollar-funding shortage
Co-ordinated action from five central banks eases the pressure on dollar funding for European banks, but EUR/USD cross-currency basis swap market remains under stress
BNP Paribas confirms research appointments
Saywell and Attrill will head FX strategy in Europe and North America respectively, following departures earlier in the year
Trading Places, July 11, 2011
Departures from BAML, Morgan Stanley and Deutsche Bank over the past week
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
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
Silver quits Morgan Stanley for Deutsche
Co-head of North American FX sales to begin senior sales role at Deutsche Bank in September
Quintela to head distribution for new Morgan Stanley platform
Executive director joins from UBS in London