Scotiabank
Deep XVAs and the promise of super-fast pricing
Intelligent robots can value complex derivatives such as exotic options in minutes rather than hours
Canadian FX committee adds new members
It also renews the expired terms for four institutions
Scotiabank joins board of GFMA global FX division
GFXD also appoints JP Morgan's Claudia Jury and Nomura's Nigel Khakoo as chair and vice-chair
R3 concludes membership round, adding 12 more banks
The number of banks participating in the blockchain project rises to 42 since its September launch
Osborne starts as Scotiabank's chief FX strategist
After spending nine years at TD Securities, Toronto-based Shaun Osborne reports to Camilla Sutton at Scotiabank
Haroon Sana joins Scotiabank
Former global head of rates sales at Deutsche Bank is appointed in a similar role
Scotiabank appoints new global head of FX
Camilla Sutton replaces Brendan Luxton who has left the bank
Anticipation of yen weakness lands Scotiabank on top
The Canadian bank forecast in December 2011 that the yen would weaken against the dollar – a trend it expects will continue throughout 2013
QE3 sparks widespread dollar bearishness
The US dollar fell against most major currencies following the announcement of QE3 on September 13, but market participants are lukewarm on the likelihood of its success
Canadian banks remain bullish, despite CAD weakness
While the Canadian dollar weakened significantly during May, banks believe there is still strong demand for the currency
Scotiabank on the mark with bearish euro call
The Canadian bank accurately predicted in late February that the euro would fall, landing it on top of the three-month forecast rankings
Scotiabank lands at the top with 12-month Swissie bet
The Canadian bank's forecast of 0.91 for USD/CHF proves spot-on, landing it at the top of the 12-month rankings
Scotia backs euro ahead of dollar in 2011
Scotia Capital has topped this week's three-month currency forecast rankings with an accurate prediction of US dollar weakness following Federal Reserve chairman Ben Bernanke's hints of further quantitative easing (QE) in late August.
Trading Places, June 7, 2010
Read this week's Trading Places to catch up on people hires and departures across the FX world.
CIBC hires two in Toronto as markets restructure continues
CIBC has made two hires in derivatives and risk management as it continues to restructure its markets business.