Foreign exchange
Instantaneous hedging is not market-making, says GSA
Rise of hot potato trading is direct result of instant hedging from market-makers, says GSA Capital
Latam reserve managers experiment with renminbi
Renminbi viewed as an attractive reserve asset in Latin America due to growing business links with China; renminbi statistics may not be showing up in IMF data
Raiffeisen Polbank selects TradAir FX rate engine
Raiffeisen Polbank goes live with rate engine and market-making distribution network
Indian rupee set for limited post-election gains
The INR is set to gain against the USD after BJP secures a strong parliamentary majority
Citadel expands into FX market-making
One of the largest non-bank players in US equities has joined the ranks of market makers in FX
Levinson appointed as chief FX strategist at Sberbank
Levinson will be based in Moscow, reporting to Alexander Kudrin
Yoshida joins Deutsche Bank as global head of rates sales
Yoshida to head Deutsche Bank's global rates sales from September
SocGen FX options Asia head departs
Options head is the second senior departure this year, following Serge Topolanski's exit in Paris
UniCredit wins on euro contrarian view
UniCredit foresaw a stronger-than-expected eurozone recovery, despite global sentiment betting for a USD rally on the back of anticipated Fed tapering
Lucera launches FX trading platform
Clients have separate servers to avoid crowding and improve failure management
European corporates past the worst of reporting hurdles
Francois Masquelier says European corporates got through the implementation of trade reporting "largely in one piece"
Black Phoenix glitch highlights PB dangers
A Chicago-based firm's rogue algorithm highlights the dangers of running PB relationships without appropriate credit risk controls
Scottish referendum set to spur cable volatility
The increasingly unpredictable result, long rally against the dollar and current low volatility levels favour the rise
EU elections could reopen old euro wounds
Anti-EU success in elections this week could cause long-term damage to the eurozone's future, participants warn
EM currencies hotbed of FX manipulation, says spot trader
EM currencies to be closely scrutinised following German regulator's admittance of Mexican peso involvement
RBC hires FX structurer in London
Credit Suisse structurer switches to RBC under global head of FX options Garrett Clinton
EBS appoints global head of e-commerce solutions
Trading platform hires Paul Allmark from Thomson Reuters, to head development of e-commerce products
Trading Places, May 19, 2014
Deutsche's Zinkin takes on further responsibility and Oanda appoints former Alpari UK chief executive to lead its business in London
Barclays creates macro products business
Mike Bagguley leads new business group at the investment bank, which comes soon after Barclays announced 7,000 job cuts over the next three years
Standardisation reaches back-office functions
The fragmented nature of FX has made client management on platforms costly and cumbersome
Corporates defend macro-hedging strategies
UK corporates defend their risk management strategies, unconcerned by the prospect of a Scottish currency affecting their UK portfolios
FX Focus - Editor's Letter
The renminbi rise is good news for some, but bad news for others. Michael Watt introduces the latest edition of FX Focus
CLS will adhere to US sanctions on Russia
The ruble looked set to become the 18th currency to be settled through CLS, and while both the CBR and the industry utility are committed to the deadline, political uncertainties remain