State Street
Saxo Bank appoints new head of FX
The Danish bank has promoted internally to fill the role of global head of foreign exchange, following the departure of Ted Voorhees
Trading places, November 26, 2012
Credit Suisse restructures its senior management team, while State Street's chief financial officer will retire next year
TraFXpure accelerates as three more banks sign up
Bank-backed spot platform now has the support of nine banks as it reveals further details of its matching logic, which it believes will eliminate technology and latency arbitrage opportunities
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
Central banks are behaving irrationally, complain currency managers
The ECB's OMT programme fails to tackle growth and a third round of QE from the Fed would be irrational, according to speakers at FX Invest West Coast conference
Martine Bond exits Morgan Stanley
The chief operating officer for FX and emerging markets has resigned from Morgan Stanley and is understood to be moving to State Street
CLS hires JP Morgan veteran as chief executive
David Puth will become the next chief executive of CLS, starting next week, the settlement risk utility announced today
Newns promoted to chief operating officer at Currenex
David Newns has been promoted to chief operating officer at Currenex, as Chip Lowry moves on to a new role within State Street Global Markets
Molten Markets expands with senior hires
Rich Wenzel and Peter Frucht have joined Molten Markets as the firm pushes forward with its new FX ECN
Europe’s institutional investors look to alternatives and cost-effective exposure
Institutional investors in Europe favour fixed-income and alternative assets as they continue de-risking their portfolios, with a focus on cost-effective market exposure and downside protection
Eurodollar caught in range-bound tug of war
Currency strategists are divided over whether EUR/USD will break out of the 1.30-1.35 range it has traded in since late January
Buy side looks to cloud-computing for price transparency
Interest in cloud-based trading technology by buy-side institutions is rising as a way to improve price transparency, in the wake of lawsuits brought against US custodian banks over the mispricing of foreign exchange trades, say market participants
State Street back under spotlight as Connecticut attorney general investigates FX charges
US custodian bank in further pricing setback
Buy the Indian rupee, says State Street Global Advisors
Having been bearish on the rupee for several years, the firm's head of currency management has become more positive in recent months, and now rates the currency as a top EM bet
Spotlight on: Collin Crownover, SSgA
State Street Global Advisors’ head of currency management talks to Joel Clark about investor appetite for G-10 and emerging market currencies, and how his global team has managed the volatility and political uncertainty that has characterised the foreign…
Trading places, November 7, 2011
New appointments at State Street, Deutsche Bank and the US Treasury, while Lloyds loses a trader
Henderson joins State Street Global Markets
John Henderson moves to State Street from Lloyds Banking Group
Wilson-Taylor departs e-commerce role at UBS
Swiss bank loses its US-based head of e-commerce, an ex-State Street e-FX pioneer
Webster quits BAML
Head of FX sales understood to be a possible candidate for senior FX sales vacancy at RBS
Trading platforms prepare for Sef arms race
As the CFTC prepares to close the consultation period on its Sef rulemaking next week, it is still unclear exactly what changes FX trading platforms might need to make to comply with the Sef criteria. How are the potential Sefs preparing? Chiara Albanese…
State Street admits to SEC pricing probe
SEC is investigating State Street over its FX pricing as part of ongoing regulatory probe into overcharging by major custodians
Trading Places, April 11, 2011
Read this week's trading places to catch up on people moves across the FX world