Trading
Northern Trust names new FX chiefs
Gloyne to retire after 18 years of service
Bank of England to post collateral in OTC derivatives trades
BoE thought to be the first major central bank to change policy on collateralisation as it seeks to reduce dealer funding charges
Spotlight on: Mandy Lam, global FX division
The managing director for North America of the Global Financial Markets Association’s global FX division talks to Melanie White about the key regulatory challenges facing the FX market and FX options clearing and settlement project, which she is heading…
VIDEO: Greek vote increases focus on policy response ahead of FOMC meeting
Saxo Bank's John Hardy looks at the policy risk following Greece's vote to stay in the euro
VIDEO: Greek vote increases focus on policy response ahead of FOMC meeting
Saxo Bank's John Hardy looks at the policy risk following Greece's vote to stay in the euro
Grexit bets intensify on election fears
Forex strategists remain divided on the political fallout from landmark Greek elections, and the likely effect on the euro
BNP Paribas rolls out FX algos
Cortex iX algorithmic execution suite will officially launch this week, aiming to provide better anonymity than existing FX algos
Volcker rule could hurt liquidity in FX spot market, participants warn
Foreign exchange swaps and forwards should be exempted from the Dodd-Frank ban on prop trading, or else liquidity in the spot market could suffer
FXSpotStream will cut costs and inefficiencies, say banks
The liquidity providers behind FXSpotStream believe the new platform adds genuine value to the FX spot market by directly tackling the challenges that exist on traditional spot platforms
Deutsche moves to simplify RMB under PBoC scheme
Deutsche Bank today completed the first renminbi cross-border transaction under a simplified scheme designed to ease the documentation burden for corporate users
FX Week China: CNH/CNY forward divergence threat has stabilised
A reversal of the spread between offshore deliverable forwards and onshore NDFs that caused pain for speculators last year is unlikely to recur, say economists
Fleschler returns to Hotspot FX
Industry veteran moves back to ECN
FX Week China: RMB internationalisation will take time
Significant progress has been made since 2010 in opening up renminbi to international participants, but it has to be done gradually, say speakers at FX Week China
FX Week China: Asia not immune to euro crisis spillover, warns IMF
"Home-grown vulnerabilities" could be a threat to Asian countries, including China, says IMF official at FX Week China event
Thomson Reuters rolls out China version of Eikon
The vendor will announce today that it has launched a new version of its Eikon desktop terminal for the benefit of users in China
Banks continue to ramp up in offshore RMB
Top-tier banks are continuing to invest in their offshore renminbi trading capabilities, despite the recent dip in Chinese growth and the challenge of persuading clients to use the new currency and boost liquidity
Saxo boosts platform performance for Chinese users
The Danish investment bank has completed a programme of investment in its network to improve the SaxoTrader platform for users in China, cutting connection time by 60%
FX advisory tops the agenda for SocGen's new management team
Société Générale Corporate and Investment Banking has completely reshuffled the management of its FX business this year as part of a broader restructuring of its fixed-income and currencies division. Gian-Luca Fetta, newly appointed head of FX, talks to…
Spotlight on: James Watson, FXall
FXall’s newly appointed head of Europe, the Middle East and Africa talks to FX Week about his recent move from an equity sales role at Morgan Stanley into the FX market, and his aspirations for the platform’s European business
Gain Capital’s product head eyes growth for institutional platform
Muhammad Rasoul, who joined Gain Capital from GFT Markets last month, will be responsible for three of the firm’s key products and sees particular potential for growth in its institutional platform, Gain GTX
CCP resolution plans start to take shape
LCH.Clearnet's re-launched CDS clearing service adopts a loss-sharing mechanism - in line with a "last gasp of breath" approach outlined in an Isda letter to the Bank of England
ANZ pushes local presence across Asia
The Australian bank would like to become a top-five player in Asian currencies within three years, says global head of FX and commodities Eddie Listorti
And so to the front office
Following the recent appearance of two alternative trading platforms, questions have been raised about how many new platforms the FX market can hold
Euro exit testing intensifies
Banks and FX market infrastructures are stepping up their efforts to prepare for a possible redenomination of eurozone currencies if Greece is forced to leave the currency union, but some investors would like to see new contracts to protect them from…