Feature
AIB to pay €30m for overcharging
DUBLIN – Allied Irish Bank (AIB) is to pay over €30 million in further damages relating to foreign exchange overcharging, ending a two-year investigation into the matter.
A capital adventure
Michael Spencer tells FX Week about how he turned Icap from a four-man business into a £3 billion FTSE 100-listed powerhouse in 20 years, and about his plans for EBS
A changing electronic forex landscape
The e-FX awards celebrate best practice and innovation in this space. This is the third time we have held the awards, and we took a fresh look at the categories, and in partnership with external consultants came up with a new range of awards to reflect…
UBS bags post trade gong
UBS TOOK THE TOP SPOT for the newly created post trade services category. The Swiss bank said that service following completion of trades is becoming increasingly important in a market where margins are ever tighter and it is harder than ever to…
SuperD takes first place in options pricing category
SUPERDERIVATIVES HAS WON the award for best options pricing and risk management system for a second year running.
Deutsche top in trading
DEUTSCHE BANK may have come second in the overall award but it took the major trading awards with wins in spot, euro/dollar, forwards and best bank in eurozone.
HSBC dominates the new markets
HSBC CONTINUES TO lead the charge in Asian currencies topping the Asia Pacific and emerging Asian categories. This year, however, the bank also jumped to first place in the emerging currencies of EMEA, having placed fifth last year.
4Cast bags strategy award
RESEARCH FIRM 4CAST claimed the title of best vendor for FX research and strategy, taking the crown from Informa Global Markets, which has dominated the category over the past 10 years.
FXall retains top multi-bank spot
FXALL HELD ON TO FIRST place in the best multi-bank portal category, and has leapt from fourth place to first in the banks section, to claim a clean sweep across voter types.
Citigroup tops options
CITIGROUP TAKES HOME the award for best house for FX options this year, pulling ahead of last year's winner, JP Morgan, which slid to fifth place.
Five years' hard work pays off for Danske
DANSKE BANK WON best bank for Scandinavian currencies, knocking last year's winner Skandinaviska Enskilda Banken (SEB) off the top spot.
Merger pays off for Tullett
TULLETT PREBON scooped awards as best broker for forward FX and best broker in emerging markets, demonstrating that the merger has enabled the new entity to retain the best talent of the two entities that made it up.
Reuters takes Cognotec's top spot
REUTERS HAS SCOOPED the award for best vendor for dealing technology, overthrowing the long-term winner Cognotec, which won each of the previous seven awards.
EBS continues to dominate spot
EBS CONTINUES TO dominate its core market of spot FX, taking the accolade for this year's best spot broker ahead of Reuters, Tullett Prebon and TFS-Icap.
All this and more
In the final multibank platform focus, FX Week looks at the prospects of FXall in its bid to continue the growth it saw in its first four years
The first to Connect
In the penultimate platform focus, FX Week assesses the prospects of pioneering platform FX Connect
Keeping up to speed
Nigel Renton tells FX Week how the eSpeed FX platform competes in an already full market
360T moves beyond home territory
The fourth interbank platform profile sees Germany's 360T looking to expand
Keeping current at Currenex
In the second in a series of interbank profiles, FX Week looks at the prospects of Currenex
Fighting chance for new player
In the first of a series of profiles of the multi-bank portals, FX Week analyses the strengths and weaknesses of the players in this crowded market-place. This week: Lava FX
FX Week's e-FX awards 2005
The following is an overview of our annual e-FX awards, as first published in our e-FX supplement.
Top stories from 15 years of FX Week AIB losses a 'one-off'
LONDON – The foreign exchange industry is unanimous in its verdict that the disastrous $750 million FX loss announced by AIB last Wednesday was a one-off event.
Q&A: John Nelson
To mark 15 years of FX Week , we carry a Q&A with our first subscriber, look at three major pairs opposite and run three of the key stories shaping the industry
Top stories from 15 years of FX Week Emerging markets' glitter fades
KUALA LUMPUR – Foreign exchange controls imposed on the Malaysian ringgit on Tuesday, September 1, have sparked fears that the shine may have left the emerging currencies market, according to industry sources.