Month: April 2000

Emerging Asian Currencies: Forget the Yen!

  Gene Frieda, Head of Emerging Markets Research, London, 4Cast USD/JPY has been as high as 111 and as low as 102 this year. Through this bout of volatility, the message for emerging Asian currencies has been clear: the Yen’s coattails are looking far shorter than before. USD/SGD, USD/PHP, and to a lesser extent USD/THB, […]

Fiscal Policy’s Impact on the FX Market

By Michael Burke, B&M Research Short-term interest rates are rising in most of the industrialised economies. These changes to monetary policy, both prospective and actual, tend to have a big impact on the deliberations of investors in the foreign exchange market. However, we are also in the middle of a period when we will see […]

Infinity Releases Range of Internet-Based Services

Infinity, a SunGard Company, announced a new range of Internet-based trading, risk management and processing services. The new Web products include TreasuryTrader, theKnowledgeFactory and DerivativeCenter.com. TreasuryTrader is an Internet-based FX and money market transaction and information service that allows financial institutions to provide their clients and branches with end to end transaction data, “one to […]

Cognotec Expands Following $20 Million Softbank Investment

Cognotec is expanding its presence globally with a number of senior appointments and several new offices. Albert Maasland is joining the group this month as global head of marketing from Deutsche Bank, where he was most recently global head of marketing for the investment bank worldwide. Meanwhile, the e-commerce trading systems provider has opened offices […]

Schwab and Barclays Plan Forex Facility

Charles Schwab Corporation and Barclays Plc have announced plans to jointly develop and operate a fully automated FX facility, which is due to begin rolling out to customers by the end of this year. The aim of the Schwab/Barclays FX facility is to allow investors using Schwab’s online brokerage services to buy and sell securities […]

Bank of New York Plans iFX Manager Enhancements

The Bank of New York (BNY) is planning several enhancements to its Internet-based FX service, iFX Manager, this Spring. The bank plans to begin adding electronic counterparties as part of the multibank feature of the service, and will release a new post-trade S.W.I.F.T. messaging capability to improve post-trade notification. BNY launched iFX Manager in the […]

Citi Deutsche & Warburg Dillon Read to Launch Volbroker.com for Currency Options

Citibank, Deutsche Bank and Warburg Dillon Read, a division of UBS AG, have teamed up to launch a separate company, Volbroker.com, an Internet-based interdealer broker for the currency options market. Volbroker.com will provide market participants with online execution, pricing tools, value analysis and middle office functionality. The service will be rolled out over the course […]

Q & A With Sunrise Capital Partners LLC

Company Name: Sunrise Capital Partners, LLC Address: 990 Highland Drive, Suite 303 Solana   Beach, CA 92075-2472 Contact Name: Martin M. Ehrlich, Vice President Phone Number: (858) 259-8911 Fax Number: (858) 259-7645 E-Mail: mrkting@sunrisecapital.com Product Name: Sunrise Currency Program Product Assets: $61.7 million Total Assets Under Management: $656.1 million Firm Inception Date: 1980 Number of […]

Julius Baer Names Linnan New Head of Global FX

Julius Baer Group has made a number of senior management appointments following the March announcement that chief executive officer Rudolf Baer is stepping down on 31 December. The Zurich-based bank has named Walter Knabenhans as his successor, and will be restructuring its existing trading/brokerage business lines into two segments from 1 January, 2001. Michael Baer, […]

Crowe to Oversee RBS/NatWest Treasury

The Royal Bank of Scotland Group (RBS) has named Brian Crowe group treasurer and managing director, financial markets. In this capacity, Crowe will oversee the RBS Treasury and Capital Markets group, Greenwich NatWest in London and NatWest GFM. “In his new role, Brian will concentrate on growing the breadth and depth of financial markets’ activities […]