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Morgan Stanley

Social media finds a foothold in FX

Banks are evaluating the value that can be delivered to the foreign exchange business by investing in social media. What are the potential benefits and challenges of using such tools? Chiara Albanese reports

Morgan Stanley loses two FX traders

Morgan Stanley has lost two senior foreign exchange traders in London, Steve Jennions and Steve Winder. Jennions is understood to be considering a new position with a European bank. Winder’s plans are unknown.

Delelis finds a new home

Former head of spot and proprietary trading at Credit Suisse Alain Delelis has been hired by proprietary trading firm First New York Securities in New York (FX Week, March 22, 2010).

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