Foreign exchange
Research crucial in battle for investors
LONDON -- Banks are increasingly tailoring forex research for funds clients in response to more currency trading business from that client base.
June - The return of volatility
The return of volatility
July - Top banks reap FX rewards
Top banks reap FX rewards
December - Year ends in vendor dispute
Year ends in vendor dispute
April - Merrill Lynch props up recruitment industry
Merrill Lynch props up recruitment industry
January - Prime brokerage kick-starts the year
From the Allfirst Financial scandal to the launch of CLS, you read it here first in 2002. FX Week reviews the top news stories of last year
Israel completes shekel liberalisation
TEL AVIV -- The Bank of Israel last week announced the abolition of the last of its FX controls, making the new Israeli shekel fully convertible.
Citi endorses job sharing
LONDON -- Job sharing among forex professionals is becoming a growing trend in the markets, senior officials told FX Week .
August - The race for CLS clients
The race for CLS clients
Technology briefs
Bundesbank completes STP for foreign currency reserves
September - The forex credit crunch
The forex credit crunch
October - Multi-bank evolution continues
Multi-bank evolution continues
May - ACI Congress spots euro rise
ACI Congress spots euro rise
FX Week 2002 award winners
More than 1,000 banks, corporate treasuries and investors voted in our 2002 survey. Winners are listed below and split in to two pages from the links below. The Winners are pictured at the awards dinner held in London on November 21.
November - Citi sparks outsourcing debate
Citi sparks outsourcing debate
February - Rogue trading hits the headlines – again
Rogue trading hits the headlines -- again
March - Atriax sunk by failed merger talks
Atriax sunk by failed merger talks
Merger sparks vendor war
LONDON -- Sparks were flying in the e-forex industry last week, as banks, vendors and brokers reacted to the fallout from Reuters’ purchase of rival FX trading software firm AVT Technologies.
Pronet seeks global distributors
LONDON -- FX analysis firm Pronet Analytics is in talks with several parties regarding the global distribution of its products, said Shane Smith, chief executive of Pronet.
Commerzbank cuts in London
LONDON -- Commerzbank has shed four foreign exchange jobs in London, a source at the bank told FX Week .
IFX announces tripling profits
LONDON -- Financial trading and spread-betting company IFX last week announced its interim profits have tripled year-on-year.
Streaming data in demand
LONDON -- Streaming data provider Dealing Technologies is seeing strong interest from FX banks in its new product, senior officials at the firm told FX Week.
Aussie fights the flames
High-yielding currencies such as the Australian dollar continue to enjoy a measure of support among international money managers, says Michael Derks, chief global strategist for Commonwealth Bank of Australia in London