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Societe Generale

FX industry creates lobby group

BRUSSELS - The Association for Financial Markets in Europe (AFME) is establishing a representative group for foreign exchange participants, amid the threat of increased forex regulation.

Euro to continue decline

LONDON – Analysts are predicting further euro weakness, expecting the unit to return to 1.2135, with the short covering correction be short-lived.

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RBC Capital Markets adds in Asia

SINGAPORE & SYDNEY - RBC Capital Markets has added two hires to its global FX team in the Asia-Pacific region, with the appointments of Winston Quek and Amanda Lowe.

Clients drive cross-asset trading

LONDON - Increased demand for cross-asset trading by hedge funds and asset managers will force the merger of foreign exchange and derivatives businesses, according to panellists at the FX Week webinar, FX technology arms race: the battle for market share…

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Banks widen scope of IT budgets

Speakers at the FX Week webinar, FX technology arms race: the battle for market share, last Tuesday (April 20) covered a wide range of issues facing the industry post-crisis, including regulation, customers' increased demands and post-trade processing.

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JP Morgan in e-FX build

LONDON – JP Morgan is continuing to build up product capabilities on its internally developed single-dealer system, MorganDirect, after switching off the pre-existing AVT-based system JPex last month.

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