BNP Paribas
BNP Paribas restructures fixed-income management
Changes see global head of fixed-income trading, Guillaume Amblard, become head of the new foreign exchange and local markets group
Corporates reluctant to add single-dealer platform connections
New electronic execution platforms for corporate clients face a challenge to win new business, with many firms preferring to minimise the single-dealer platforms they connect with
'Good v. bad' is overplayed in EM currencies, indicates BNPP quant model
BNP Paribas has recently extended its quantitative fair value model from G-10 to EM currencies - and it has found some assumptions about strong and weak currencies may be unfounded
Barclays to add algo tools to Gator aggregator
Barclays will add new, less aggressive algos to Gator in the fourth quarter as it looks to make the product more accessible to real-money and corporate clients that prefer to trade with minimal market impact
Barclays FX flow options head departs
Gugesh Guganeswaran has left the bank in London; other FX hires at RBC and SG CIB, while BNP Paribas reshuffles in strategy and Credit Suisse appoints a new chief risk officer
Buy side scales back on yen positions as volume dips
Market participants report a significant decline in investor and corporate appetite for the yen, following the rush to the currency in the first quarter
Legal & General's FX trading head tasked to grow derivatives
Newly appointed to head FX trading at Legal & General Investment Management, options trader Virginie Queval is looking at ways to grow the firm's small FX business
Liquidity mirage continues in FX, despite platform efforts
Several FX trading platforms have taken steps to prevent price flashing and other disruptive practices, but some participants remain concerned about the quality of liquidity that is shown by platforms and aggregators
Compressed margins put tight squeeze on FXPB
The combination of rising costs and increased competition in FX prime brokerage has led to a squeeze on margins, but as the business attracts a wider range of clients than ever before, there is still clear demand for those that can afford to keep…
Citi loses in e-FX sales
Eugenia Hanoune, head of e-FX sales for Emea, sees a number of departures from her team in London
Katz departs BNP Paribas to join ANZ
Australian bank adds veteran FX trader Jason Katz to its emerging markets team
BNP Paribas reshuffles New York forex team
George Nunn takes on a new role in New York
Most innovative bank e-trading platform: BNP Paribas
BNP Paribas developers looked outside the world of finance for inspiration when developing Cortex FX, and the new platform’s functionality has won widespread plaudits from clients
Best algorithmic trading technology provider: BNP Paribas
BNP Paribas successfully breaks into the increasingly competitive market for algorithmic execution in foreign exchange
BNP Paribas hires two in FX strategy
Phyllis Papadavid and Daniel Katzive join in London and New York, respectively
BAML hires ex-BNP Paribas spot trader
Colin Devereux has joined Bank of America Merrill Lynch in London
BNP Paribas hires ex-Morgan Stanley sales head
Nick Strain has joined the French bank's institutional sales team in Singapore, having left Morgan Stanley in Hong Kong earlier this year
UniCredit eyes growth in institutional FX without e-commerce focus
As the Italian bank looks to extend its client footprint into the institutional space, further development of its FX platform is not a central part of the strategy
Markets braced for dollar to rally post-FOMC
As Fed chairman Ben Bernanke is expected to confirm plans for tapering of bond purchases, FX traders say the dollar will rally in response
BNP Paribas loses spot trader
Trader exits in London after less than two years
BNP Paribas beefs up client clearing team
The French bank has made seven new hires to build out its new derivatives client clearing business, including three from JP Morgan
CLS hits new record as FX volumes spike
Almost three million payment instructions were settled by CLS on Tuesday following a surge in trading volumes towards the end of last week
BNP Paribas releases corporate trading platform
Bank's digital strategy combines tailored solutions for specific client types with an 'app store' model
Trading Places, May 10, 2013
Citi hires in options sales, Morgan Stanley's Marfat joins BNP Paribas, while Oanda appoints a new chief executive in Asia-Pacific