Kathy Alys
Follow Kathy
Articles by Kathy Alys
Digital currency platforms emerge as Bitcoin gathers momentum
Recent developments in digital currencies are presenting opportunities for new platform providers
FX benchmark manipulation: a buy-side perspective
Banks have been caught at the centre of the regulatory probe into manipulation of benchmark exchange rates in recent months, but the scandal could also affect buy-side firms that rely on benchmark fixes. Kathy Alys talks to Patrick Fleur, head of trading…
Morgan Stanley veteran joins SG CIB in sales
Matt Miller moves to the French bank in New York, having been most recently at UBS after 23 years at Morgan Stanley
BBVA hires Horowitz from Marex Spectron
Sam Horowitz will split his time between trading emerging markets FX and developing BBVA's e-FX offering
Perspectives on 2014: Roger Rutherford, ParFX
With 12 banks now trading on ParFX as members, the platform will open up to the buy side in the coming months, which will test the strength of its business model and trading rules
Perspectives on 2014: Andrew Coyne, Traiana
With less than six weeks to go until European trade reporting requirements come into effect under Emir, getting the necessary plumbing in place must be front and centre for all market participants, says Traiana’s chief executive
Offshore RMB market booming in London, report finds
A study by the City of London Corporation reveals the City's efforts to become a global hub for renminbi business are paying off, with daily spot value reaching $4.8 billion last year
FX Week Europe: Industry outlook for 2014
Senior market participants, including Paul Chappell from C-View, Will Patrick from CME Group and David Mercer from LMAX Exchange, tackle the key trends of 2013, and their expectations for 2014
EBS to consider latency floor extension within weeks
Analysis of the randomised pause applied to AUD/USD and USD/CHF is almost complete, allowing EBS to consider an extension to other currency pairs, says platform chief
Caplin launches hosted single-dealer platform service
Caplin Direct managed service is designed to provide an out-of-the-box platform for banks looking to distribute FX liquidity
Buy side could miss Emir reporting deadline
Banks are racing to meet a February 12 deadline for trade reporting under European rules, but buy-side firms might not be ready to meet their obligations in time
FX Week Europe: Fix reform must address risk-reward imbalance
Banks should be better compensated for the risk they take when executing trades at benchmark rates, say panellists at London conference
UBS merges FX, rates and credit under new co-heads
George Athanasopoulos and Chris Murphy to head the new business, while Chris Vogelgesang leaves the role of co-head of FX and precious metals
Standard Bank scoops inaugural rand award
A focus on market-making into as many liquidity pools as possible has won Standard Bank recognition as best bank for the South African rand
Tullett Prebon retains forwards gong amid Sef chaos
The interdealer broker retains its hold on the forwards market, despite the disruption caused by the start of the Sef regime
Barclays keeps the lead in London and sterling crosses
UK bank remains best bank for FX in London, as well as GBP/USD and EUR/GBP, in this year's survey
SuperDerivatives wins again in options pricing and risk management
Technology vendor launched a low-cost market data product at the start of this year that has seen greater success than it initially anticipated
Lloyds hires FX trader from Commerzbank
New York-based Robert Philbin has moved to Lloyds after less than a year at Commerzbank
EBS Direct launch could reverse volume decline, say participants
The full launch of EBS Direct opens up a new market segment that could be an opportunity to claw back market share lost in recent years
ADS Securities rolls out multi-asset platform
New platform Orex Optim has now fully launched after two years of development and six months of testing at the Abu Dhabi-based firm
Esma repository approvals fire starting gun for EU trade reporting
Mandatory trade reporting for all asset classes will begin on February 12, but the FX industry is still grappling with the challenges of dual reporting
ECB speculation provides welcome diversion for investors
Currency investors are growing weary of QE tapering speculation and taking more of an interest in events in Europe, prompting big moves in the euro
BNP Paribas embarks on three-year hiring spree in Asia
The French bank has plans to hire 1,300 staff in the Asia-Pacific region by 2016, with the aim of bolstering revenue by at least €1 billion
Economies of scale create two tiers in FXPB
The high cost of operating in prime brokerage is the biggest challenge for less-established players looking to gain market share