National Australia Bank (NAB)

NAB expands e-FX sales team

New hires in London and Sydney for National Australia Bank, following the recent promotion of Justin Geaney to head of Ficc digital

Aussie banks join e-FX arms race

Ramping up single-dealer platforms and connectivity to multibank portals is a key priority for Australian banks, as they seek to ensure their forex business is not poached by global banks with superior technology

Aussie demand surges following RBA rate cut

The Reserve Bank of Australia’s decision to cut interest rates on May 1 led to a sharp fall in the Australian dollar, but has also caused an uptick in demand for the currency, according to FX traders and strategists in the region