BNP Paribas
BNPP carves out bigger sales team
LONDON & NEW YORK – BNP Paribas (BNPP) has expanded its sales team with a key hire in London and three new starters in New York.
Trading Places, June 21, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
BNP Paribas boosts Asia electronic trading capability
TOKYO - BNP Paribas plans to launch electronic trading in won and Taiwan dollar non-deliverable forwards (NDFs) on its single-bank system, FX eTrader, this year, according to a senior official in Tokyo.
SGX signs 14 banks for derivatives clearing
SINGAPORE - The Singapore Exchange (SGX-DC) has signed up 14 banks and three financial institutions for its Asian forex forwards and interest rates swaps clearing initiative, due for launch in the fourth quarter.
StanChart kick-starts Brazil push
SAO PAOLO - Standard Chartered (StanChart) has established a rates and FX trading desk in Sao Paolo, after receiving regulatory approval to launch trading operations in Brazil in April.
Trading Places, June 14, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
FX industry creates lobby group
BRUSSELS - The Association for Financial Markets in Europe (AFME) is establishing a representative group for foreign exchange participants, amid the threat of increased forex regulation.
Trading Places, June 7, 2010
Read this week's Trading Places to catch up on people hires and departures across the FX world.
Trading Places 17.5.10
Read Trading Places for this week's movers and shakers in the global FX space.
Option prices rocket over euro crisis and UK hung parliament
LONDON – Options prices shot up dramatically last week as liquidity fell, amid long-term concerns over the European Central Bank’s (ECB) handling of the eurozone deficit crisis and uncertainty about the outcome of the UK election.
BNP Paribas: pound is going down
BNP Paribas topped the 12-month currency forecast rankings and made a top five appearance in the one- and 12-month year-to-date index, by focusing on changing global liquidity conditions.
Trading Places, May 3, 2010
Find out about the movers and shakers in the FX world.
Euro loses as markets play it safe
Greece continues to dominate the headlines. However, the contagion effect to other eurozone peripherals as well as concerns over Chinese monetary tightening and proposed financial regulatory reforms have been driving financial markets recently –…
JP Morgan in e-FX build
LONDON – JP Morgan is continuing to build up product capabilities on its internally developed single-dealer system, MorganDirect, after switching off the pre-existing AVT-based system JPex last month.
Mass exodus from BarCap in New York
NEW YORK - Barclay Capital (BarCap) continues to haemorrhage forex sales staff as below-average compensation makes the bank’s employees prime recruitment targets, according to market sources.
Trading Places, April 26, 2010
This week's people moves across Europe, Asia and the US.
BAML maintains balance in real money
LONDON & NEW YORK - Bank of America Merrill Lynch (BAML) has lost a senior real-money salesperson in London but has gained in New York.
Trading Places, April 5, 2010
Read this week's people moves in the FX market across London, New York and Hong Kong.
BNP Paribas: Liquidity withdrawal key to dollar recovery
BNP Paribas has topped the 12-month currency forecast rankings by focusing on the long-lasting effect of central bank liquidity measures.
Shock departure from Citi
De Groot jumps ship to BNP Paribas
Structured products had strong finish to 2009, says Greenwich Associates
The global retail structured products market made a strong comeback at the end of last year, is poised to return to previous levels and might even grow in the near future, according to research by Greenwich Associates.
A sterling outlook?
FX Week sounded out the bears and the not so bearish on the outlook for cable and EUR/GBP over the next six to 12 months.
Soede joins BNP Paribas
BNP Paribas (BNPP) is building out its electronic commerce business with the hire of Thomas Soede as global head of e-commerce in London, the French bank announced on February 9.
The next phase of liquidity access
As the spot foreign exchange market continues to grow, what are the main players saying about liquidity, trends and market consolidation?