Bank of Montreal (BMO)
Dealers hope for replication of BoE move to two-way CSAs
As the Bank of England prepares to begin posting collateral to its counterparties when trading derivatives next year, FX traders hope other central banks will follow its lead
Institutional Liquidity hires five in Chicago
The new team in Chicago will operate under Greg Cieply, formerly a senior vice-president at Fixi
Bank of Montreal adds FX strategy head in London
Audrey Childe-Freeman has joined BMO Capital Markets in London as head of FX strategy
Banks hope for CCP capital concessions at Basel meeting
Banks and CCPs are pressing for changes to method of calculating default fund capital
Technology and advisory tops agenda for BMO’s new FX head
Delivering the right blend of technology for vanilla products and advisory for complex products is at the core of CJ Gavsie’s strategy in his new role as Bank of Montreal’s global head of FX products
Gavsie to replace Thorsen as BMO’s FX chief
CJ Gavsie will become head of FX products on March 31, following the retirement of Jamie Thorsen
Spotlight on: Simon Watkins, Bank of Montreal
The Canadian bank’s head of FX for London talks to Joel Clark about the expansion of his team over the past five years and the bank’s ambition to become a recognised FX provider in London and across Europe
BMO’s three-month euro view on the money
Bank of Montreal tops three-month rankings after forecasting the euro would fall during Q4 of 2011
BMO hires Richard Brook in spot trading
Ex-JP Morgan trader will start at Bank of Montreal in January
BMO displaces RBC as best bank for Canadian dollar
Bank of Montreal has benefited from the two-way demand for CAD, both domestic and non-domestic, says head of Canadian dollar trading
Getting it right on Swiss franc strength
Rabobank, Westpac and Bank of Montreal scoop the awards for their forecasts on USD/CHF, having correctly anticipated the impact of the Swiss franc's safe-haven status on its strength
RBC to roll out cross-asset e-trading platform
RBC DX will replace incumbent platform and cover FX, fixed income, money markets and deposits, officials tell FX Week
BMO appoints Nicholson, expands in Hong Kong
Ex-Barclays Capital hedge fund salesman to join Bank of Montreal in London next month
Patel joins BMO from TD Securities
Former euro and Swiss frank trader takes on senior FX role at Canadian bank
Trading Places, April 11, 2011
Read this week's trading places to catch up on people moves across the FX world
Post-restructuring movement at BarCap
Barclays Capital continues to reorganise its foreign exchange business with a promotion, while news of more departures from the business emerge.
BMo shakes up London FX
LONDON - Bank of Montreal Capital Markets (BMo) has reorganised its FX business, seeing the return of Lorne Gavsie, managing director in FX, to Toronto from London.
Non-banks lead 20% rise in FX turnover
BASEL - The global financial crisis has led to a slowdown in the growth of the foreign exchange markets, with most activity shifting to the investor community from the trade-based flow.
Bank of Canada salutes CLS
TORONTO - Bank of Canada became the latest monetary authority to publicly champion the success of industry utility CLS in ensuring the smooth operation of the foreign exchange market during the financial crisis.