JP Morgan
Asia lukewarm to renminbi despite dollar-depeg
Importers and exporters that trade with onshore Chinese companies are having second thoughts about using the renminbi to settle their trades in place of the US dollar.
Credit Suisse continues Asia build
HONG KONG - Credit Suisse made a significant push to expand its presence in the foreign exchange market in the Asia-Pacific, with six sales hires in Japan, Singapore and Hong Kong.
Trading Places, June 28, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
UBS hires former BarCap sales duo
LONDON – UBS has hired George Athanasopoulos and Richard Longmore in senior sales positions in London, according to internal sources.
Revolving doors in JP Morgan FX sales
LONDON – JP Morgan has hired an electronic foreign exchange salesperson but has lost three others in FX sales, according to market sources.
Commerzbank in e-FX build
Commerzbank is deepening its footprint in the electronic foreign exchange market with key appointments in London.
JP Morgan, Merrill Lynch fined for segregation and supervision failures
LONDON & HONG KONG – The UK Financial Services Authority (FSA) and the Hong Kong Securities and Futures Commission (SFC) have fined JP Morgan and Merrill Lynch, respectively, for accounting failures.
FX industry creates lobby group
BRUSSELS - The Association for Financial Markets in Europe (AFME) is establishing a representative group for foreign exchange participants, amid the threat of increased forex regulation.
Gaitame.com chooses Integral for liquidity aggregation
Tokyo-based retail trading company Gaitame.com has replaced its single-bank platform with a software-as-a-service liquidity aggregation system developed by Integral, to improve pricing and risk management.
Trading Places, June 7, 2010
Read this week's Trading Places to catch up on people hires and departures across the FX world.
JP Morgan: Commodity currencies will rally
JP Morgan topped the one-month currency forecast rankings this week with a focus on differing policies.
Trading Places, May 31, 2010
Read this week's Trading Places to catch up on the latest people moves across the FX world.
Trading Places 17.5.10
Read Trading Places for this week's movers and shakers in the global FX space.
Trading Places 10.5.10
Read this week's people moves in the FX space across the globe.
In Brief, May 3, 2010
What's going on in the FX technology sector.
Trading Places, May 3, 2010
Find out about the movers and shakers in the FX world.
US forex back on form in first quarter
NEW YORK & BOSTON - Most US banks reported strong forex revenues in the first quarter this year versus last year, as the global markets start to recover.
RBS loses Usher but gains Gething
LONDON – Royal Bank of Scotland has lost Richard Usher, London chief dealer and EUR/USD spot trader, in a further senior departure from the bank.
JP Morgan in e-FX build
LONDON – JP Morgan is continuing to build up product capabilities on its internally developed single-dealer system, MorganDirect, after switching off the pre-existing AVT-based system JPex last month.
OCL provides STP feed handler to Gain GTX
LONDON - Option Computers today (April 26) announced the release of a straight-through processing (STP) feed handler for electronic communications network Gain GTX.
Szucs and Shiff join BAML
LONDON - Bank of America Merrill Lynch (BAML) continues to build up its foreign exchange franchise with the hire of a senior institutional salesperson from Morgan Stanley in London.
Trading Places, April 26, 2010
This week's people moves across Europe, Asia and the US.
RBS to go live on CLS/Traiana JV
Royal Bank of Scotland is set to become the fourth bank to go live on the CLS/Traiana joint-venture trade aggregation service by early May, according to a person familiar with the situation.
Trading Places, April 12, 2010
This week's people moves in the global FX market.