JP Morgan
Trading Places, February 6, 2012
New appointments at Louis Capital Markets and Adrian Lee & Partners, and promotions at JP Morgan and Rosbank
Ben Homsy departs JP Morgan
Head of European hedge fund sales is relocating from London to Canada for personal reasons
Morgan Stanley cuts hit FX sales and trading
Job cuts at the US bank claim four salespeople and two traders in New York and London
BMO hires Richard Brook in spot trading
Ex-JP Morgan trader will start at Bank of Montreal in January
Babich departs HSBC as cuts hit FX
Dean Heiden, Chris Bolton, Ted Mermel and Lily Han have also left FX sales roles in London and New York as part of HSBC cuts
Eurozone deal brings relief in FX spot and options
Risk sentiment appeared to make a comeback in FX markets yesterday as options volatility fell from record highs and the euro rallied in response to the deal announced after the Euro Summit in Brussels
Peter Klein joins BAML to head FXPB
Klein replaces Tony Dalton, former global head of FX prime brokerage, who will take on a senior FXPB sales role
Central banks take aim at dollar-funding shortage
Co-ordinated action from five central banks eases the pressure on dollar funding for European banks, but EUR/USD cross-currency basis swap market remains under stress
Trading Places, September 19, 2011
New appointments at smartTrade, DealHub, CLS, Marex and JP Morgan
Options traders sense SNB running out of steam
Options traders are betting on further appreciation of the Swiss franc, following comments from the Swiss economy minister that Switzerland will have to put up with a strong currency
Options traders braced for further SNB intervention
Demand has switched from downside EUR/CHF options to upside options in anticipation of further Swiss franc weakening measures from SNB, say senior options traders
Achievement award: Phil Weisberg
FXall's chief executive wins the 2011 e-FX achievement award in recognition of his contribution to the industry over the past decade
Most innovative bank e-trading platform: JP Morgan
MorganDirect wins the award for innovation, having always sought to offer clients something more than just tight pricing, according to the bank's global head of e-commerce
Brian Schlosser to join BAML from Citi
Options trader will report to Rob Ettinger, who joined from JP Morgan in March
FX Invest: Implications for collateralisation under new CCP model
Saima Farooqi looks at the wave of upcoming regulations relating to central counterparty clearing, and what it means for collateral management
FX Invest: New indexes trade volatility
Nikki Marmery reports on the emergence of indexes looking to trade event risk
FX Invest: Rise of the super-Sefs
The Dodd-Frank Act created a multitude of would-be swap execution facilities (Sefs) – trading platforms that will aggregate dealer liquidity. Now, dealers want to hoover up the Sefs by building their own aggregation services, but it’s a strategy that…
Nigel Khakoo to leave Citi
US bank's global head of G-10 options trading has been made redundant
JP Morgan’s Choussy prepares bank for FX clearing
Newly appointed global head of FX clearing explains how he is preparing for the advent of mandatory central clearing requirements for some FX contracts
Banks welcome launch of CNH fixing
Treasury Markets Association launches USD/CNH spot fixing today, with quotes provided by 15 banks and the rate calculated by Thomson Reuters
Banks and ECNs join forces to prevent FX flash crash
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
Kx Systems targets FX participants with database technology
Client talks of the importance of thorough data cleansing and analysis in an environment of increasing FX volumes and tougher regulation
Let us decide our own collateral requirements, CCPs plead
IDX delegates insist CCPs should be able to determine for themselves what collateral requirements they impose on members