Foreign exchange
CME Group recruits Knottenbelt from RBS
Industry veteran Willian Knottenbelt appointed to lead the exchange group’s Emea operations
Sterling: hamstrung by the latest round of QE?
With the announcement from the Bank of England on October 6 of a further round of quantitative easing, the consensus view of contributors to FX Week’s currency forecast index is that cable will remain around 1.55 for the next three months, despite being…
Citi promotes Patel to run G-10 options
Chirag Patel will add G-10 to his existing responsibilities in FX options
Parr joins Bloomberg after departing Icap earlier this year
Robert Parr has joined Bloomberg Tradebook and will be responsible for FX sales in Europe, the Middle East and Africa
AUDIO: Welcome to Crisis 2.0
With all proxies for risk appetite at or below summer 2010, a third round of quantitative easing is inevitable, says Saxo Bank
The Canadian dollar: to hedge or not to hedge?
The Canadian dollar weakened significantly against the greenback in the last two weeks of September, moving from parity on September 21 to 1.0461 on September 30. Farah Khalique talks to currency strategists about what’s driving the Canadian dollar’s…
HSBC targets booming global demand for Asia products
HSBC has appointed Apratim Chakravarty as managing director and head of offshore Asian product distribution, global markets Asia-Pacific.
Short volatility strategy pays off in August
Currency managers going short volatility in August would have been top performers, benefiting from a spike in volatility towards the end of July from the dual effect of the US and European sovereign debt crisis, according to research from Royal Bank of…
CitiFX launches multi-manager platform for investors seeking currency alpha
Citi launched a new multi-manager platform called CitiFX Access on September 14 that aims to facilitate investment in foreign exchange managers via multi-strategy benchmark and actively managed indexes licensed from industry index sponsors.
The trick's in the tail
The Cambridge Strategy's focus on tail risk sets it apart from other asset managers. Saima Farooqi talks to its chief investment officer about emerging markets risk and reward
Intervention: friend or foe?
If the trend is your friend, is central bank intervention your enemy? The answer is not so clear cut, say Christopher Cruden and Purnur Schneider, not least because of the breadth of interventions, which challenges attempts at uniform analysis
A new safe haven?
As G-7 economies start to look more volatile than some emerging markets, Nikki Marmery investigates whether the new rash of emerging markets indexes could offer some respite
Buy-side call for algorithmic execution in foreign exchange
The institutional buy side is becoming more sophisticated in the way it executes FX trades, and algo platform providers are accelerating their investment in new technology to keep up with growing demand. By Michael Marray
Read the new edition of FX Invest now!
If anyone needed any more reason to seriously think about employing a foreign exchange policy, then September should just about have done it.
Demand for euro puts surges as crisis deepens
Investors and speculators pile into euro put strategies as eurodollar spirals and further depreciation is predicted
e-FX success hinges on user experience as much as pricing, say banks
Lloyds Bank Corporate Markets became the newest entrant to the e-commerce space earlier this month with the launch of its Arena platform. Miriam Siers talks to banks and technology firms to find out what differentiates platforms in this competitive space
Trading Places, September 26, 2011
New appointments at Nomura, Ice Clear Europe, Thomson Reuters, the LSE and the LME
BAML wins with correct bearish euro call
Europe has a number of ‘mini land mines’ that could blow up, says strategist at the US bank
CBA hires Taylor and Shadrack from Crédit Agricole
Keith Taylor heads up emerging markets FX and David Shadrack is appointed senior dealer, both based in London
Nomura FX business will keep own identity
Global macro products group still bedding down, but Ashley says FX team will retain its individuality
IFR Markets triumphs with Swiss franc appreciation view
Thomson Reuters – IFR Markets topped this week's 12-month forecast rankings after predicting the Swiss franc would strengthen against the dollar
Afme: From advocacy to implementation
Set up in June 2010 as the mouthpiece of the FX industry as regulators reshaped the derivatives landscape, the mandate of Afme’s global FX division is gradually changing from one of pure advocacy to one of implementation. Miriam Siers talks to the…
AUDIO: Get ready for crisis 2.0
Nick Beecroft, senior markets consultant at Saxo Bank in London, warns that financial markets are at the brink of crisis 2.0.
Corporates cover their backs with longer-dated options
Corporate hedgers buy longer-dated options amid increased volatility in foreign exchange markets, say market participants