Articles by Joel Clark
FX repository moves to production ahead of October launch
The DTCC began user testing of its new trade repository on May 1, and plans to have full regulatory and public reporting up and running by the fourth quarter to meet CFTC deadlines
UBS appoints EMFX options head for Asia
Manu Tripathi, who left Deutsche Bank in January, joined UBS in Singapore last week
Saxo’s Maasland joins Knight Capital
Albert Maasland, formerly London chair at Saxo Bank, is to head Knight Capital's international business
Spotlight on: Sven Carlsson, Ericsson Group
The head of markets at Ericsson talks to Joel Clark about the change in the telecommunications group’s treasury function and FX hedging strategy over the past 17 years, as well as his views on new regulation
US Treasury’s FX exemption hangs in the balance
A year after the US Treasury's proposed regulatory exemption for FX swaps and forwards, the position has never been confirmed - and some believe it may be reconsidered
Weighing up renminbi prospects
Despite the high-profile attention to London's potential as the western hub for renminbi business, central bank and corporate appetite for the currency appears lukewarm
SG CIB’s ex-head trader eyes the buy side
Richard Bailey is expected to join the buy side, having left his role as global head of FX trading at SG CIB last week
Slater and Holdcroft to join Bozian in CLS exit
Deputy chief executive officer Peter Slater has resigned from CLS, while both chief executive Alan Bozian and chief legal officer James Holdcroft will also leave the firm
City’s top brass throws weight behind London RMB initiative
London will become the next offshore centre for RMB trading, vows UK chancellor George Osborne, supported by banking chiefs from Bank of China, Barclays, Deutsche Bank, HSBC and Standard Chartered
Algo execution sales head departs Credit Suisse
Jonathan Wykes, formerly global head of FX sales for Credit Suisse’s algorithmic execution business, has left the bank
BNP Paribas divides up the role of its FX options chief
The French bank has split its FX options business into G-10 and emerging markets, following the departure of Simon Nursey
Bozian to leave CLS
Alan Bozian will leave CLS at the end of April, to be replaced by Gerard Hartsink until the firm appoints a new chief executive
Credit Suisse loses head of FXPB
Paul Houston, Credit Suisse's London-based global head of FX prime brokerage, has left the bank
Currency floor breach raises questions over SNB policy
The Swiss National Bank should consider enlisting the help of top-tier banks to keep EUR/CHF above 1.20, forex traders suggest
Veteran EM trader exits RBS for the buy side
Eric Lieberson has left Royal Bank of Scotland after 17 years, to join Civic Capital, a New York-based advisory firm set to launch a hedge fund later this year
Credit where it's due
The launch of NDF clearing by LCH.Clearnet marks a major development for the FX market that will ultimately change the shape of the post-trade landscape
Depressed FX trading volumes continue in March
Average daily spot volume on EBS and Thomson Reuters remained low in March in comparison to previous years, both platforms have reported this week
SG CIB appoints new Fic sales heads
Albert Loo and Pascale Moreau have been promoted to head up fixed-income and currencies sales as part of a management shake-up at SG CIB
Gian-Luca Fetta takes FX lead at SG CIB
Société Générale Corporate and Investment Banking has promoted its equity flow co-head to run foreign exchange, following a number of recent departures
FXall appoints tech heavyweight as CIO
Steve Rubinow joins FXall from Nyse Euronext, reporting directly to Phil Weisberg
Spotlight on: Gavin Wells, LCH.Clearnet
The chief executive of LCH.Clearnet’s newly launched ForexClear talks to Joel Clark about the development of the platform, and his plans to expand to client clearing and new currencies later this year
LCH’s ForexClear gets off to a solid start in NDFs
The launch of clearing of non-deliverable forwards on LCH.Clearnet's new ForexClear platform went smoothly last week, according to participants
Transparency of public listing will boost FXall’s growth, says Weisberg
In his first series of interviews since its IPO last month, FXall chief Phil Weisberg says the public disclosure and neutrality that results from being publicly listed will improve its public standing and growth potential
Veteran spot trader departs HSBC
Gareth Cook leaves the bank after 26 years