Hedge Funds
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers
EBS to open NDF pool to non-bank players
Trading platform makes high-level decision to give prime brokerage clients access. Timing and details to come
DMALink and ADS seal FXPB clearing deal
The platform's clients will gain access to sustainable credit and clearing services
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Best Prime-of-Prime Provider: ADS Securities
The broker's pure PoP model, allowing multiple liquidity providers, wins
Price of credit to rise while clearing still years away
The cost of credit in FX may be rising, but it's still cheaper than clearing, webinar participants say
Hunter Burton Capital launches new FX fund
The income fund will focus on short-term market volatility
Brexit uncertainty to benefit active funds
No one knows what Brexit will bring, but investors say market dislocation could be a plus for active managers
Hunter Capital appoints Lerpiniere as senior portfolio manager
Sydney-based global macro fund makes senior hire
ADS sees $1.3 trillion credit gap as it launches prime-of-prime
ADS Securities says it is ready to step up to fill the gap left by FX prime brokers with a true PoP service
FX funds fall flat in March
Yields slip as Fed guidance lowers hike expectations
Icap buys hedge fund analytics platform
An investor in Enso Financial Analytics since 2013, the interdealer broker aims to broaden its fintech presence
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
Curex chief: anonymity is key to best execution
Curex and FX Connect sign agreement to provide clients with an alternative liquidity pool
FX funds begin 2016 on a positive note
Parker FX Index meanders into positive territory in January
UBS reshuffles FXPB ranks
Oh makes his exit, Connolly and Bader take on global co-head roles, and Rosoman moves up
The new FX equation
Firms are scrutinising expenses more than ever, but despite hard times, one market participant believes innovation will drive down costs and "our best days as a market are ahead of us"
Comparing apples and apples
With clients expecting more transparency, it is vital for firms to be in control of costs. The key is determining the true all-in price of execution
Banks are still vital for FX
Liquidity provision may increasingly be a non-bank play, but credit remains a bank business
Credit remains the biggest headache in FX
FXPB adjustment pressures clients as service providers tackle rising costs
Houston understood to be seeking exchange role
Deutsche Bank's former FXPB head is believed to be eyeing a senior role at a major exchange
Currency managers end 2015 on downbeat note
Parker FX Index shows negative returns of 0.51% for December
SocGen hires O'Hara as PB sales director
Formerly of Credit Suisse, John O'Hara will be responsible for promoting Societe Generale's FX prime brokerage offering to hedge funds and institutional investors