Citi Unveils Investable FX Strategies
Mon 5th May 2008 06:00:00
Citi has joined the growing list of banks launching investable FX products
Citi has joined the growing list of banks launching investable FX products
Thomas Montag, the former co-head of global securities at Goldman Sachs, has joined Merrill Lynch as head of global sales and trading
Although Merrill Lynch is in the throes of reducing staff numbers in FICC, it continues to add staff in what it considers key areas
The Royal Bank of Canada is said to be shifting resources from Sydney to London
Inter-dealer broker GFI Group reported a record first quarter 2008 led by equities and credit products brokerage in Asia and Europe
Bawag Bank has taken a three-year licence for GFI Group’s Fenics FX pricing and risk management software on its trading floor in the Czech Republic
As concerns over the London Interbank Offered Rate’s robustness as a benchmark for the rate at which banks can borrow continue to rise, reports suggest that Icap is to offer a rival New York fix for the markets
Tony Verrier, the global chief operating officer at Tullett Prebon, has handed in his resignation at the interdealer broker
Barclays Capital has officially unveiled its white label offering for Barclays Wealth, as reported in the April issue of Profit & Loss
Osaka Securities Exchange (OSE) is establishing a currency futures market in Japan that will compete directly with the Tokyo Financial Exchange
The Reserve Bank of India’s (RBI) internal working group has recommended that currency futures be introduced in India to provide participants with an additional hedging tool
Both CME Group and the International Securities Exchange (ISE) reported markedly higher volumes in foreign exchange contracts for the month of April
David Hardy, the former head of LCH.Clearnet, has left futures and options broker MF Global just over a year after joining as its head of strategic market development
Calyon has appointed Arnold Kan as deputy head of fixed income markets for Asia ex-Japan
Asset Manager Threadneedle has raided MF Global as it seeks to establish a new commodities team at the firm
Following the completion of their merger, Thomson Reuters last week reported positive Q1 results
Wall Street Systems has signed an agreement to acquire the assets of Aleri Global Banking (AGB), the wholesale banking division of Aleri
The Managed Funds Association (MFA) has announced a new class of membership that seeks to involve service providers in its work to strengthen and grow the alternative investments industry
Data and valuations provider Markit has appointed Charles Longden as managing director in fixed income and credit
John Bullman has joined The Bank of New York Mellon on its Global Markets division’s foreign exchange trading desk
A round up of new and upgraded functionality released by the vendor community…
An old friend of traders has reared its head in the market again – the “Sydney Monday morning move”