Joel Clark
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Articles by Joel Clark
Nomura appoints new global head of FX
Jai Rajpal, formerly head of fixed income for Asia ex-Japan, is promoted to head of foreign exchange at Nomura, reporting to Steve Ashley
Basel settlement risk guidance puts new demands on forex market
Governance, replacement cost risk, liquidity risk, operational risk and legal risk are among the issues FX banks must address, according to newly released Basel Committee guidance
Tradition hires ex-GFI client relationship director
Scott Fitzpatrick, a 10-year veteran of GFI Group, has joined rival interdealer broker Tradition in New York
Interdealer brokers pick MarkitServ for FX processing
BGC Partners, GFI Group, Tradition and Tullett Prebon have all chosen middleware provider MarkitServ to facilitate connectivity to CCPs and trade repositories, and voice affirmations
LCH readies launch of new NDF pairs and client clearing
Five months after launch, ForexClear is ready to start offering client clearing and to add five new currencies to the service, pending the approval of the FSA and the CFTC
The platforms of 2012: LMAX Exchange
The launch of new trading platforms and the restructuring of incumbents has become a clear trend in the foreign exchange market in 2012. In the first of a series of articles seeking to assess the strategies and challenges of new and existing platforms,…
Martine Bond exits Morgan Stanley
The chief operating officer for FX and emerging markets has resigned from Morgan Stanley and is understood to be moving to State Street
CLS hires JP Morgan veteran as chief executive
David Puth will become the next chief executive of CLS, starting next week, the settlement risk utility announced today
Photo gallery: FX Week USA and e-FX awards, July 2012
Photos and stories from the FX Week USA conference and e-FX awards cocktail reception, held in New York on July 10
Pressure mounts on Esma over clearing exemption
Responses to Esma's draft technical standard on Emir call for the agency to clarify its position on FX clearing - with some suggestion NDFs could be exempt
BNP Paribas former forex options head joins StanChart
Standard Chartered has appointed a 17-year veteran of BNP Paribas as head of FX options for Asia
Bank of Montreal adds FX strategy head in London
Audrey Childe-Freeman has joined BMO Capital Markets in London as head of FX strategy
Local currency trading head departs BAML
Alex Axentiev’s responsibilities have been assumed by new recruit Guillaume Huteau
Global FX division hires Asia-Pacific MD
David Ngai joined the division in Hong Kong on August 1, reporting locally to Mark Austen and globally to James Kemp
Ex-Marex Rose joins Xenfin Capital
FX market-maker Xenfin has appointed Jamie Rose as head of e-FX, starting today
FXSpotStream gathers pace with start of production trading
Start-up FX price-aggregation service is gaining increasing traction with clients, say liquidity providers
Morgan Stanley poaches trading head from Citi
Citi's co-head of FX auto trading has left the bank to join Morgan Stanley
Credit Suisse FXPB sales director departs
Martin Bradford has left Credit Suisse, months after the exit of the bank's global head of FXPB
Insight appoints FX strategy veteran as head of currency
Paul Lambert, head of currency at UBS Global Asset Management, will join Insight Investment in September
SG CIB hires buy-side trader
Simon Shooter joins Société Générale Corporate and Investment Banking today to work in FX sales to hedge funds
Gain hires PFG trading team to boost GTX platform
Gain Capital's GTX institutional platform has hired 10 traders from collapsed broker Peregrine Financial Group as well as FXCM Pro salesman Anthony Scamardella
Morgan Stanley hires FX sales head for Asia
Toru Tokoyoda joins Morgan Stanley in Hong Kong, having worked previously at Nomura, Lehman Brothers and Goldman Sachs
Newns promoted to chief operating officer at Currenex
David Newns has been promoted to chief operating officer at Currenex, as Chip Lowry moves on to a new role within State Street Global Markets
Best FX prime broker: JP Morgan
JP Morgan wins FX Week’s first e-FX award for best foreign exchange prime broker, having set an emphasis on prudent risk management – both in its approach to high-frequency trading and to over-the-counter clearing