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Foreign Exchange

UBS nabs BarCap trio in e-FX

LONDON - UBS has hired an electronic algorithmic trading team from Barclays Capital (BarCap) in London, according to an internal announcement today (July 27).

FX Week | 27 Jul 2010 | Image

Power to the high-frequency traders

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Speakers at the FX Week USA congress held in New York last Tuesday (July 13) were resoundingly supportive of the role high-frequency traders (HFT) have...

FX Week | 19 Jul 2010 | Image

FX Week community news

2010 Winners Announced

2010 Winners Announced

2010 Winners now announced - The 7th annual FX Week e-FX Awards 2010 were presented in New York on July 13, 2010. Hosted by FX Week these awards recognise industry excellence in electronic foreign exchange from banks and vendors.

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Foreign Exchange

Trading shuffle at TD Securities

LONDON – TD Securities has made a spot hire but also replaced a recently departed options trader, confirmed Mark August in London, managing director and head of FX sales and trading for Europe in London...

FX Week | 22 Jul 2010 | Image
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Settlement Risk

Nomura becomes settlement member of CLS

LONDON - Nomura has gone live as a CLS settlement member and shareholder as of July 12, having previously used third-party settlement services from Citi, the bank announced on July 19.

FX Week | 26 Jul 2010 | Image
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Foreign Exchange

Sales head Héritier quits RBC

LONDON – François Héritier, managing director in foreign exchange sales, has left Royal Bank of Canada Capital Markets (RBC) in London, according to market sources.

FX Week | 26 Jul 2010 | Image
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Swiss franc and the Deutschemark

Do you think the Swiss franc will be used as a proxy for the old German mark over the next decade?