Feature
Five years' hard work pays off for Danske
DANSKE BANK WON best bank for Scandinavian currencies, knocking last year's winner Skandinaviska Enskilda Banken (SEB) off the top spot.
Merger pays off for Tullett
TULLETT PREBON scooped awards as best broker for forward FX and best broker in emerging markets, demonstrating that the merger has enabled the new entity to retain the best talent of the two entities that made it up.
Reuters takes Cognotec's top spot
REUTERS HAS SCOOPED the award for best vendor for dealing technology, overthrowing the long-term winner Cognotec, which won each of the previous seven awards.
EBS continues to dominate spot
EBS CONTINUES TO dominate its core market of spot FX, taking the accolade for this year's best spot broker ahead of Reuters, Tullett Prebon and TFS-Icap.
All this and more
In the final multibank platform focus, FX Week looks at the prospects of FXall in its bid to continue the growth it saw in its first four years
The first to Connect
In the penultimate platform focus, FX Week assesses the prospects of pioneering platform FX Connect
Keeping up to speed
Nigel Renton tells FX Week how the eSpeed FX platform competes in an already full market
360T moves beyond home territory
The fourth interbank platform profile sees Germany's 360T looking to expand
Keeping current at Currenex
In the second in a series of interbank profiles, FX Week looks at the prospects of Currenex
Fighting chance for new player
In the first of a series of profiles of the multi-bank portals, FX Week analyses the strengths and weaknesses of the players in this crowded market-place. This week: Lava FX
FX Week's e-FX awards 2005
The following is an overview of our annual e-FX awards, as first published in our e-FX supplement.
Top stories from 15 years of FX Week AIB losses a 'one-off'
LONDON – The foreign exchange industry is unanimous in its verdict that the disastrous $750 million FX loss announced by AIB last Wednesday was a one-off event.
Q&A: John Nelson
To mark 15 years of FX Week , we carry a Q&A with our first subscriber, look at three major pairs opposite and run three of the key stories shaping the industry
Top stories from 15 years of FX Week Emerging markets' glitter fades
KUALA LUMPUR – Foreign exchange controls imposed on the Malaysian ringgit on Tuesday, September 1, have sparked fears that the shine may have left the emerging currencies market, according to industry sources.
Top stories from 15 years of FX Week FX volume hits all-time peak
LONDON – "It was mind-boggling. In 22 years of trading I've never seen anything like the sheer volume," said David Adamson, treasury director of Chase Manhattan Bank in London, in a comment echoed by almost all other market participants surveyed last…
Review of 2004 - April: Banks draw EU25 battle plans
LONDON & FRANKFURT – Euro convergence may still be years away for the 10 new member states joining the European Union (EU), but far-sighted banks and brokers were already drawing up their FX battle plans for the new Europe in April. Deutsche Bank, HSBC,…
Review of 2004 - August: Return of the voice broker
NEW YORK – Cantor Fitzgerald reversed a trend of consolidation in the broking market in mid-August by spinning off a new firm to focus exclusively on voice broking.
Review of 2004 - November: Forex liquidity crisis looms
LONDON – UBS, Deutsche Bank and Barclays Capital warned of a potential liquidity crisis in foreign exchange at the FX Week 2004 Congress.
Review of 2004 - December: Deutsche cuts global forex
FRANKFURT & SINGAPORE – Deutsche Bank was in the process of a major restructuring of its foreign exchange capabilities globally.
Review of 2004 - September: Reuters widens FX access
LONDON – Reuters announced that fund managers, corporates and mid-tier banks would soon get access to the firm’s interbank FX rates for the first time. The firm announced it would take spot dealing prices from its Matching service, used by 7,000 users at…
Review of 2004 - October: Shock job losses at Tullett
LONDON – Tullett Liberty suffered a surprise defeat in the integration of its forex business with rival Prebon Yamane. Broking sources in London said Tullett’s FX forwards team left in the two weeks following the completion of parent Collins Stewart…
Review of 2004 - February: RBS and Deutsche lead the way
FRANKFURT AND LONDON – February was a good month for Royal Bank of Scotland (RBS) and Deutsche Bank with both reporting figures showing that they were gaining on their rivals.
Review of 2004 - January: NAB saga starts in earnest
MELBOURNE – The saga of National Australia Bank’s rogue trading scandal came to light on January 13. The bank said it had uncovered losses of up to A$180 million (US$140 million) from unauthorised trading in forex options during the fourth quarter.