Foreign exchange
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
Icap hires Mark Price as COO
Ex-Deutsche chief operating officer will join Icap on October 3, replacing Mark Yallop
EBS signs smartTrade for streaming liquidity
Icap will use LiquidityConnect platform to allow users to more efficiently stream prices into EBS
DTCC/Swift win FX repository mandate
Both vendors will now move forward to develop the specifications of the FX repository, after winning an eight-month selection process, Afme announced today
FX Invest: Newedge hires in prime brokerage
Four join multi-asset brokerage to build prime-brokerage offering
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.
Aussie dollar: up or down?
The Australian dollar has been on an upward curve ever since the financial crisis, but there is little consensus about where the currency is likely to go next. Miriam Siers talks to currency strategists about the main factors likely to influence the…
SG CIB anticipated euro recovery
The prediction that a political solution to the Greek crisis would strengthen the euro lands French bank at the top of one-month rankings
Nigel Khakoo to leave Citi
US bank's global head of G-10 options trading has been made redundant