Foreign exchange
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
CMC Markets wins with strong euro expectations versus the dollar
CMC Markets tops this week's 12-month currency forecast rankings
BNPP recruits Goodwin to head corporate sales in New York
Deron Goodwin’s appointment from RBS comes weeks after the departure of Clive Banks and John Chase in London
CBA forecasts accurately navigate summer of discontent
Australian bank’s expectations on the direction of eurodollar and cable land it at the top of both the one-month and 12-month forecast rankings
Sefs lose their painful bite
The prospect of swap execution facilities under the Dodd-Frank Act initially struck fear into the operators of single-dealer platforms facing a possible loss of business. The appearance of the Sef Clarification Act last month, coupled with a changing…
Focus on: Remuneration
The UK Financial Services Authority implemented its revised Remuneration Code at the start of this year, putting new rules in place around salaries, bonuses and retention payments. Joel Clark talks to Andrew Young, a solicitor in the employment practice…
Westpac: no end in sight for yen strength
Westpac tops the three-month rankings after it predicted the yen would strengthen during July and August
Barnes to return to RBS in October
Former global head of FX will become global head of client macro trading, reporting to Tim Carrington
GFI Fenics hires LatAm sales head
Appointment of Deborah Bonfield in New York comes months after four new hires in Asia
Richard Gladwin quits Nomura
Japanese bank's global head of FX left last Friday
CIBC hires Tan from WestLB in Hong Kong
Soo Chin Tan joins Canadian bank to focus on growth market currencies in Asia
Trading Places, August 1, 2011
CLS appoints CTO, SG CIB loses its head of institutional FX sales
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
Greece’s second bailout met with relief
Traders and strategists believe latest rescue package is a positive development, but expect further pain ahead as it is implemented
Iranian public votes to switch currency name from rial to parsi
Early indicators from a survey on currency reform show Iranian public favours a change in the Iranian currency's name and denomination, senior official tells Central Banking, FX Week's sister publication
Credit Suisse recruits Amanti to run FX structuring in Asia
Amanti joined Swiss bank in Singapore earlier this month after leaving Barclays Capital
FX Week USA: Prime brokers braced for change under mandatory clearing regime
FX prime-brokerage heads at BAML and UBS confirm their intention to ease operational challenges for clients under new regulations by offering a single point of entry both for cleared and non-cleared trades
Multibank options platforms proliferate
Alpari’s Daniel Skowronski admits sourcing liquidity has been a challenge since the firm’s options trading platform went live in March
Hungarian regulator suspends iForex licence
Hungarian FSA raises concerns over iForex's risk-reporting to clients and strips licence for six months
Wells Fargo hits the spot with rates-based prediction
Technical analysis on impact of diverging rate hike strategy on currencies puts Wells Fargo at the top of the three-month rankings