Emerging markets
Swain to manage GFI's new Swiss office
New office in Nyon will focus on emerging market products
Ferrini out of Commerzbank
Fabrizio Ferrini made redundant as Commerz relocates its Italy and Spain bank sales desks from London to Frankfurt
Spotlight on: Mike Harris, Campbell & Company
The director of trading at commodity trading adviser Campbell & Company talks to Miriam Siers about the current trading environment and the challenges in the market for buy-side traders
FX Invest: Deeper markets, broader opportunities
The foreign exchange industry could be set for a shake-up. But with all things new come great opportunities.
FX Invest: Overlay Asset Management sticks with emerging markets
Overlay Asset Management’s Helie D’Hautefort talks to FX Invest about his firm's emerging markets strategies
HSBC recruits Thursfield in EM spot
Emerging market FX trader joins from UBS
Bloomberg taps into Malaysian foreign currency sukuk market
Vendor has partnered with the Malaysian central bank to launch the new index
Sanity check on the value of emerging markets
April in perspective: investors and managers appear to have become more averse to the risk posed by emerging market currencies after volatility struck in March
Spotlight on: Thanos Papasavvas, Investec Asset Management
The head of currency management at Investec Asset Management talks to Joel Clark about the firm’s focus on institutional investors and its expectations for the euro, emerging market currencies and the yen
FX Invest North America: Beware of EM risks, buy side warns
The danger of not being able to unwind a position in an illiquid currency during a crisis could outweigh the possible returns in many cases, according to conference delegates
Israel clamps down on forex derivatives
The Bank of Israel (BoI) has joined the growing number of emerging market central banks to introduce tougher regulations on forex to battle the rise in speculative trading.
Tullett Prebon emerges as FX broker powerhouse
Tullett Prebon has eclipsed the competition in the best broker category, coming first in currency options, emerging markets and forwards FX.
HSBC ahead of the game with EM-to-EM focus
HSBC has maintained its lead in emerging market (EM) currencies by adapting its business to focus on the rise in trade between emerging market economies. But the trend sees EM-focused Standard Chartered hot on its heels.
HSBC wins best bank in Asia-Pacific with strong liquidity
HSBC is the best bank for FX in Asia-Pacific for another year running, using its ability to internalise flow and warehouse risk to offer clients tight spreads in illiquid conditions.
QE2 drives Danske’s bullish stance on euro
Danske Bank has topped this week’s one-month forecast rankings with a bullish stance on the euro in the wake of further monetary easing (QE2) announced by the Federal Reserve on November 3.
RBS bucks downward FX trend
Royal Bank of Scotland (RBS) bucked the downward FX trend among dealers, reporting its first year-on-year rise in revenues in 2010 from its currencies and commodities division in the third quarter.
Emerging markets will fight the flow of capital
Bhanu Baweja, emerging markets strategist at UBS in London, looks at which emerging markets are heading towards capital controls
The risks of ongoing imbalances
Pete Luxton, global economic adviser at Informa Global markets in London, looks at the implications of the ongoing external imbalances
Commerzbank builds FX globally
Commerzbank has made key hires in sales and trading across Asia, Europe and the US as it strengthens its global FX business, the bank said on August 25.
Interdealer brokers get boost from FX
LONDON - BGC Partners saw a 54.6% rise in foreign exchange revenues in the second quarter, due to a continuing rebound in global volumes, the broker reported last Thursday (August 5).
Enforce clearing, catapult FX into the big league, say FX Week USA panellists
NEW YORK - Counterparty risk is preventing FX from becoming a major asset class and must be addressed, according to panellists discussing the future of the FX industry at the FX Week USA congress in New York last Tuesday (July 13).
Hervé Ferhani: EM countries in capital controls dilemma
NEW YORK - Emerging market (EM) countries that enforce capital controls will trigger a domino effect across neighbouring countries, according to Hervé Jacques Ferhani, deputy director of monetary and capital markets at the International Monetary Fund in…
Post-trade innovation set to drive up volumes
NEW YORK - Post-trade functions will become more important in foreign exchange trading operations as the FX market evolves through greater use of high-frequency trading, according to speakers at the FX Week USA conference on July 13.
BIS highlights risks of resurgent carry trade
Rate differentials make carry trades attractive, but this could cause trouble