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Lead story


Dealers report liquidity still 'patchy'
LONDON & HONG KONG - Global foreign exchange markets continued to suffer from lapses in liquidity in another week plagued by turmoil in the financial markets.

Gold rush on Lehman's European FX team
LONDON - Dealers are willing to pay top dollar for Lehman Brothers' foreign exchange team in Europe, following the failure of administrator PricewaterhouseCoopers (PwC) to agree a sale of the defunct bank's European fixed-income unit last week.

Editor's letterSaima Farooqi, FX Week editor


Carpe diem: forex beats the retreat
Despite inconsistent liquidity since mid-September, volumes at major trading platforms continue to remain buoyant.

Trading places


Every Monday FX Week brings you the latest people moves so you can keep an eye on your old colleagues.
To view the latest people moves.

FX Week Best Banks Awards 2008

Michael McIntyre Hosted by stand-up award-winner, Michael McIntyre, our awards dinner will take place on November 18, 2008 at Victoria Park Plaza Hotel, London

These awards are the benchmark for performance in the global FX industry and are the most accurate indicator of who is leading the market, according to banks,corporate treasuries and investors.

The awards dinner will take place on November 18, following the FX Week Europe 2008 Congress. at Victoria Park Plaza Hotel, London.

More information on how to attend this ceremony »

FX Week e-FX Awards 2008 winners

Winners of the 2008 e-FX Awards were announced on July 1, 2008. This year's winners were presented with their awards by Alan Zweibel - one of the original writers of Saturday Night Live. The awards reward excellence in the e-FX space with categories covering algorithmic trading, post-trade services as well as e-FX initiatives. To view the full list of winners visit

www.fxweekefxawards.com »

Popular stories


Citi raids UBS to target banks
LONDON & ZURICH - Citi is hitting at the core of UBS's foreign exchange business with up to nine hires, which includes the Swiss dealer's banks team globally.

BoA and Deutsche shake-up e-FX
NEW YORK - Bank of America (BoA) and Deutsche Bank have realigned the senior management of their electronic foreign exchange businesses, and have seen senior departures from the banks in New York and London.

Dresdner reshuffles FX sales and trading
LONDON & NEW YORK - Dresdner Kleinwort has restructured its London and New York foreign exchange sales and trading team, splitting the trading and sales operations.

Currency forecast


StanChart up as US weakness spreads
Standard Chartered dominated this week's one-month historical index rankings with its view the US economic weakness would turn into a global phenomenon.

Opinion/Market voice


Uncomfortable truths
Teis Knuthsen, head of FX research at Danske Bank in Copenhagen, looks at the structural changes shaping political and economic realities in our time

Free Content

Credit Suisse changes its spots
ZURICH - Credit Suisse has embarked on a second reorganisation of its spot foreign exchange risk management and trading teams in Zurich, in an effort to capitalise on burgeoning opportunities across electronic commerce and third-party business.