BNP Paribas
BAML hires ex-BNP Paribas spot trader
Colin Devereux has joined Bank of America Merrill Lynch in London
BNP Paribas hires ex-Morgan Stanley sales head
Nick Strain has joined the French bank's institutional sales team in Singapore, having left Morgan Stanley in Hong Kong earlier this year
UniCredit eyes growth in institutional FX without e-commerce focus
As the Italian bank looks to extend its client footprint into the institutional space, further development of its FX platform is not a central part of the strategy
Markets braced for dollar to rally post-FOMC
As Fed chairman Ben Bernanke is expected to confirm plans for tapering of bond purchases, FX traders say the dollar will rally in response
BNP Paribas loses spot trader
Trader exits in London after less than two years
BNP Paribas beefs up client clearing team
The French bank has made seven new hires to build out its new derivatives client clearing business, including three from JP Morgan
CLS hits new record as FX volumes spike
Almost three million payment instructions were settled by CLS on Tuesday following a surge in trading volumes towards the end of last week
BNP Paribas releases corporate trading platform
Bank's digital strategy combines tailored solutions for specific client types with an 'app store' model
Trading Places, May 10, 2013
Citi hires in options sales, Morgan Stanley's Marfat joins BNP Paribas, while Oanda appoints a new chief executive in Asia-Pacific
Banks welcome EBS latency floor
EBS consults on a new approach it hopes will reduce the advantage of super-fast trading algorithms
Banks face tough decisions in platform programming
Some market participants are calling for greater use of programming language HTML5 as an industry standard for web-based platforms. But banks say they must wait for clients to catch up before migrating to something new
FX veteran Meinnel departs State Street
Meinnel quits State Street after more than 20 years in FX that included senior roles at BNP Paribas and Bear Sterns
Market divided over standardised approach to algo TCA
The difficulty of comparing transaction cost analysis results across algo products has led to calls for a standardised approach to TCA, but not all agree it is needed
Credit Suisse strategy head moves to BNP Paribas
Daniel Katzive to join BNP Paribas in New York as head of FX strategy for the Americas
The advantages of algo execution
As both Barclays and UBS prepare to launch new algo execution tools for foreign exchange in the coming weeks, the space is becoming increasingly crowded – but it appears to be driven by strong demand from the buy side. Miriam Siers reports
Increased risk appetite causes spike in relative value FX trades
Investors are turning to relative value trades to provide low-premium, guaranteed downside and good leverage to the upside, traders say
UniCredit hires ex-BNP Paribas FX sales chief
The French bank's former head of institutional FX sales joined UniCredit in London on January 14
Traders braced for further yen weakness ahead of BoJ meeting
Many market participants were caught unawares by the sharpness of the yen's fall in recent weeks, but all eyes will be on the currency's reaction to this week's Bank of Japan meeting
Mexican peso poised to dominate EM currency trading
Asian investors have been diversifying into EM currencies for some time, with the Mexican peso performing particularly well, but despite the potential for enhanced yield, emerging markets are not devoid of risk, banks warn
What’s in store for 2013?
While 2012 was defined by low volatility and a clear decline in client activity, it also saw some major changes in the structure of the foreign exchange market, with a host of new initiatives and opportunities. FX Week speaks to senior market…
Review of 2012: January – March
FX Week looks back on the biggest stories of 2012, starting with the first quarter. To read the original stories, click on the links in black
Trading places, December 3, 2012
Commerzbank loses an options trader while StanChart hires in Asia and SEC's Schapiro announces she will step down next month
FX e-commerce head departs BNP Paribas
Chester Boles has left the French bank in New York after seven years
BNP Paribas hires in sales and strategy in New York
Three new hires to the FX team at BNP Paribas, from Morgan Stanley, Credit Suisse and Wells Fargo