Trading
Pillitteri and Jerome among Morgan Stanley exits
The US bank levies staff cuts of 25% in FX and rates globally
Power shifts to PBs in new credit landscape
"My utmost concern is to make sure my prime broker is happy," says ADS Securities' chief operating officer
FX can protect the portfolio during shocks
While not always providing spectacular returns, holding foreign exchange as part of a wider portfolio can be extremely valuable
Evolution of FXPB landscape isn't over yet
Cost of capital and risk control will shape the conversation in 2016
Transparency needs to be balanced by choice
The drive for greater transparency should focus on behaviour and risk management
Spreads need to widen to boost liquidity
Panellists at the 14th annual FX Week Europe conference warn of increasingly illiquid markets
China lets central banks use Isda agreements for FX derivatives
China allows derivatives trading based on international standard agreements for the first time; applies only to sovereign investors and FX derivatives
Digital Vega reports biggest trading day as volumes surge
Medusa, Digital Vega's multi-dealer options platform, posts 59% growth in volumes for October
The trick is to keep breathing
Business must go on, and banks are adjusting to the new FX landscape
Citi crowned top bank for FX for third year running
Deutsche Bank and Barclays finish in second and third place, respectively, picking up major titles along the way
Best Banks Awards: Citi wins nine awards, including top prize
Citi voted Best Bank Overall and gains eight other accolades
Best Banks Awards: 360T tops two categories
Recently acquired by Deutsche Börse, the Frankfurt-based platform sees the acquisition as an important milestone in the drive to diversify its customer base
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Scotiabank nails it on two G10 pairs
"We look to a December hike from the Fed and anticipate easing from the ECB in December," says strategist Eric Theoret
Best Bank for Emerging LatAm Currencies: Banco Santander
Rocked by falling oil prices, political scandal and lacklustre economic growth, Latin America is not a playground for the weak. Still, Banco Santander has a deep foothold there and is taking a personalised approach with clients until the storm passes
Best Bank for Scandinavian Currencies: SEB
SEB scoops the prize for trading Scandinavian foreign exchange
Best Bank for Asia, EM Asia and EM Emea: HSBC
HSBC continues to dominate emerging Asian and Emea currencies, and it is also voted best bank for FX in Asia-Pacific
Best Bank for South African Rand: Standard Chartered
Standard Chartered wins the award for the rand as it builds its African ambitions
Farewell to self-regulation, goodbye self-policing
With a global code of conduct for FX due in May 2017, participants are only too keen to see the back of an unregulated market
Regulators fine Barclays $150m over last look
Barclays has been ordered to remove an unnamed global head of electronic trading for FX
Saxo scores with four on-target calls
"I'm very convinced the Fed will move in December," says the Danish bank's head FX strategist
Worries mount over year-end liquidity conditions
With only six trading days between the Fed's last rate meeting and the holiday period, market participants are being warned to prepare for a rocky year end
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly