Articles by Robert Mackenzie Smith
KCG open to Hotspot sale
The financial services firm has expressed an interest in selling FX platform Hotspot, despite a rise in year-on-year volumes
Dollar bull run threatens corporate earnings
The days of not hedging earnings risk are over for many corporates, according to banks and treasurers, with the dollar's strength and more international trade set to be the catalyst
FXPro hires in e-FX sales
Retail broker continues to build out institutional arm with new recruit
UBS hires FX hedge fund salesperson
Former senior Barclays FX salesman rejoins the market at UBS
Gaborow exits Nomura and rejoins Blum
Former Nomura colleagues team up on the buy side
Faulkner takes up role at Fluent Trade Technologies
FX market veteran takes on permanent role in London
Fair and Effective Markets Review launches Ficc consultation
UK regulators publish a consultation document seeking feedback from participants on how to restore confidence in fixed income, currency and commodity markets
CME rule hurts FX broker business, say participants
CME enrages brokers, who claim their once-profitable business in transitory FX EFRPs has vanished, despite the launch of a product to help offset the changes
Thomson Reuters senior duo exit in New York
Senior business heads at Thomson Reuters leave after combined service of more than 20 years
Investment managers ramp up leverage with NDFs
Both pension and mutual funds have become increasingly interested in the higher leverage achievable on cash-settled products compared to physically-settled derivatives
JP Morgan hires former RBS head of FX options, Americas
FX market veteran joins the US bank in a non-trading role
More currency floors a possibility in deflation fight - HSBC
Deflationary pressure is the key driver of potentially new currency floors in European currencies, says Bloom
Buy side joins calls for delay to NDF Sef trading
NDF trading should not begin on Sefs until rates and credit issues are resolved, say market participants at Risk USA
RBC FX salesperson exits
FX salesman leaves RBC and aims to return to the market
UBS promotes Newman in FX options
Tony Hall's move means John Newman becomes FX options head
NDF trading mandates must be harmonised, industry warns
The CFTC-hosted roundtable discussion on NDF clearing raised the main issues currently facing industry participants
BGC appoints Hirschhorn in New York
BGC appoints industry veteran as chief information officer
VTB FX derivatives head leaves bank
London and Moscow-based FX derivatives head leaves his post
Nomura loses two more in FX sales
Japanese bank suffers further exits in New York following Tom Haskins' recent departure
Agency desks take on risk to raise revenues
Decreasing volumes and volatility this year have helped the trend
CFTC announces new FX sub-committee
The public meeting at the CFTC will discuss NDF clearing and bitcoin
London Capital Group recalibrates its ambitions
UK-based retail outlet to broaden horizons with expanded agency brokerage and key hires from the institutional market
LCG head of FX departs
Peter Wells' appointment as head of FX sees Foster exit
Sefs record FX volume uptick as buy side signs on
Sefs top $200 billion of FX volume in one week to mark one-year anniversary