Morgan Stanley
Rupee sell-off continues, despite repeated RBI efforts
Efforts by the Reserve Bank of India to stabilise the currency's depreciation have failed, as the rupee falls to a record low
State Street's Bond fixes sights on new initiatives
Appointed as Cliff Lewis’s deputy last year, Martine Bond has since stepped up to run trading and clearing within State Street’s Global Exchange business, managing both Currenex and FX Connect
Morgan Stanley re-hires FX salesman from Deutsche
Chris Hewitt is returning to Morgan Stanley in real-money sales, after a four-year hiatus at Deutsche Bank
BNP Paribas hires ex-Morgan Stanley sales head
Nick Strain has joined the French bank's institutional sales team in Singapore, having left Morgan Stanley in Hong Kong earlier this year
Consensus lacking on optimal length for randomised pause
The concept of applying a randomised pause to FX trades as a means of deterring disruptive behaviour has garnered support from the users of both EBS and ParFX. But how long should the pause be in order to be effective but not damaging to genuine…
CFTC misusing Dodd-Frank to expand its role, says CME's Duffy
CME chief accuses regulator of overreaching, as line-up of industry figures attacks Dodd-Frank rules
Banks beef up in real-money sales
Westpac sales head Corinna Wong joins Morgan Stanley, while Craig Weiner moves from JP Morgan to Standard Chartered
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
Trading Places, May 10, 2013
Citi hires in options sales, Morgan Stanley's Marfat joins BNP Paribas, while Oanda appoints a new chief executive in Asia-Pacific
Morgan Stanley loses global head of FX product strategy
Neill Penney, who before joining Morgan Stanley was product strategy head at FXall, has left the bank in London
TD Securities hires head of European FX
Management hires at the Canadian bank continue as Perry joins from Morgan Stanley in London
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
Trading Places, April 8, 2013
Morgan Stanley loses strategist to Goldman Sachs while money-manager ParamountForex.com hires in sales
Morgan Stanley emerging markets trading head retires
Jens Andersen leaves Morgan Stanley this month, after 15 years at the bank
UBS becomes eighth liquidity provider on FXSpotStream
Swiss bank scheduled to be live by late in the second quarter as the aggregation service continues to gain traction, with plans to expand into new products
StanChart hires Darwell from Morgan Stanley
Eric Darwell will join Standard Chartered in New York next month to head up Asian FX trading in the region
Haskins joins Nomura to head North American FX sales
Morgan Stanley's former head of emerging market and FX sales for the Americas moves to similar role at Nomura
Central banks grapple with risks arising from FX reserves
Holdings of foreign exchange reserves at central banks has increased since the crisis, and market participants believe diversification into new currencies could now pick up
Trading places, March 11, 2013
New appointment at BNY Mellon Asset Management, while Morgan Stanley loses a sales head in Asia
Trading places, February 18, 2013
Recent departures at Aspen Trading, Morgan Stanley, Barclays and UniCredit
Trading places, February 11, 2013
New hires in FX at Brevan Howard and Stone Milliner, while EBS appoints a sales manager in London and the WMBA elects a new chair for the Americas
Trading places, February 4, 2013
Morgan Stanley hires in FX sales, while Legal & General unveils a management reshuffle
Further exits at Morgan Stanley as US sales head departs
Thomas Haskins and Juha Sternberg have left the US bank in New York and London, as cuts continue to bite into the FX business