Spot market
Icap's Spencer: 'not a prayer' of UK agreeing to FTT
Proposed EU trading tax would be vetoed by UK, says Icap's Spencer - if not, the broker will move its London HQ to New York
FX swap cost could rise from €279 to €2,779 under EU tax, warns Oliver Wyman
Research published today on behalf of the GFMA global FX division highlights the potentially punitive impact of the financial transaction tax on the FX industry
BMO hires Richard Brook in spot trading
Ex-JP Morgan trader will start at Bank of Montreal in January
RBS confirms Corbett appointment in spot
Nomura's ex-head of G-10 spot in London will report to former colleague James Pearson at RBS
Citi proves trading mettle in tough year for spot
Citi picks up six awards this year and climbs into second position overall, having effectively navigated the volatility that resulted from intervention in the yen and the Swiss franc
The renminbi's road to success
The renminbi is on the up, but is it climbing fast enough? Farah Khalique talks to currency strategists and a global head of FX structuring about the performance of the currency and future trends
Two FX traders depart Nomura
Sami Amara and Yoshi Koska have both left the bank in London
Loizou joins Anello Asset Management
Stavros Loizou joins from Lewis Charles Securities and will manage the Mantis Program, which will invest across equities, fixed income and G-10 currency pairs
Options traders sense SNB running out of steam
Options traders are betting on further appreciation of the Swiss franc, following comments from the Swiss economy minister that Switzerland will have to put up with a strong currency
Pearson joins RBS to head spot trading
Royal Bank of Scotland confirms high-profile hire of spot trader James Pearson from Nomura
Feller replaces Cousins as Westpac’s head of spot
Reto Feller joins the Australian bank from BlueCrest Capital Management
Best retail platform: Citi
Citi wins top spot in retail category, in recognition of the success and growth of CitiFX Pro since its launch in 2008
Best electronic broker: EBS
Icap Electronic Broking has consistently introduced new innovations to meet the demands both of manual and high-frequency traders, says chief executive David Rutter
HSBC recruits Thursfield in EM spot
Emerging market FX trader joins from UBS
Hong Kong fixing sets benchmark for CNH spot
Hong Kong interbank participants have created the first US dollar/offshore renminbi price fixing, giving the city first-mover advantage in renminbi products such as derivatives
Spotlight on: Jas Singh, Thomson Reuters
The global head of treasury at Thomson Reuters talks to Joel Clark about the challenges of managing the firm’s flagship FX matching platform and the decisions he has had to make relating to high-frequency trading, options matching and decimalised pricing
Deutsche merges OTC and listed derivatives clearing
Markets Clearing will combine the bank's existing clearing capabilities across FX, rates, credit, commodities and equities
CME plans to clear all FX products, despite probable exemption
Swaps and forwards will be part of the exchange group's FX clearing initiative as banks will need to clear them if used to hedge an option
BAML's John to join Citi in spot trading
Anthony John has left BAML alongside senior FX trader Graeme King
Credit Suisse hires Lawes from BAML
Spot trader joins Swiss bank as Oleg Grishin hired in Singapore and Magda Rakita departs in London
FX technology spend will double by 2013, says Celent
Research estimates total spend across both the buy and sell sides will rise from $1.23 billion in 2010 to $1.83 billion in 2013
Spotlight on: Kevin Rodgers, Deutsche Bank
Deutsche’s global head of FX spot, e-trading and derivatives talks to Joel Clark about how the bank is positioning the different elements of its FX business to satisfy the changing demands of its clients and the evolving regulations
Deutsche Bank makes senior hires and promotions in London and New York
Jennions and Winder resurface at Deutsche after resigning from Morgan Stanley, as Justin Gray joins from Barclays
Brooks departs Société Générale in New York
French bank loses its head of FX options trading in New York