Month: May 2000

Nasti Exits JP Morgan

John Nasti, who was co-spot chief dealer in New York for JP Morgan has reportedly left the bank. Bank officials decline to comment on his sudden departure. Prior to JP Morgan, Nasti was a senior spot trader at Bankers Trust, which he joined in 1996 from BZW. At BZW, he oversaw the New York spot […]

Satchell Retires from Spot Broking After 33 Years

David Satchell has officially retired from spot broking after an unprecedented 33-year career with a single institution. Retiring as global head of spot FX for Garban-Intercapital, Satchell, 51, left the market the day before the joint venture spot broking operation officially trading as Marshall Harlow Ltd on 1 April. “The Marshall Harlow merger is the […]

James McNulty: Leading the CME into the Electronic Age

Nearly eight years ago, James McNulty, then with the former Swiss Bank Corporation, was a panellist at a Philadelphia Stock Exchange seminar debating the merits of the OTC versus listed derivatives markets. At the time, he opted not to take sides, but instead foresaw an evolution in the way both markets traded. Today, as the […]

Retirement & You

By Philip Kozloff, philipkozloff@mindspring.com Let’s pick up looking at a new approach to portfolio analysis where we left off last month in the April issue. We showed a hypothetical investment portfolio that might be typical of a young working investor. Although Exhibit 2 last month showed a pleasing upward trend, isolating internal investment growth from […]

Honda’s VTR SP-1 on Test

  By Andy Ibbott, UK Director of the California Superbike School Story provided courtesy of www.bikenet.com. To find out more about the courses offered by the school, visit: www.superbikeschool.co.uk You may find this hard to believe but I have found a Honda that has power, handling and above all else – CHARACTER! When I first […]

Siliconomics: Hype or Harbinger?

By Michael Wallace, Standard & Poor’s MMS, San Francisco National Dilemma. Investors both captivated and horrified by the latest round of high tech equityvolatility should look outside their own haemorrhaging growth/technology portfolios and consider the broader implications for the US economy. Perhaps it is instructive to examine the Internet phenomenon from a local perspective, in […]

Poland’s Currency Flotation Turns the Heat Up on Hungary

By Sian Jones, Senior Emerging Markets Analyst, Europe, MCM London The National Bank of Poland finally won over the policy makers to the idea of a free float of the zloty, and with effect from 12 April, Poland abolished the zloty’s 30% FX trading band and set it free to find its own level. The […]

Where Is Japan Going?

By Michael Burke, B&M Research The Japanese economy has only just completed another technical recession, and yet Bank of Japan Governor Mr Hayami is openly discussing the prospect of a rise in interest rates. At the same time, the G7’s concern about yen appreciation is diminishing rapidly, with the latest communiqué the first for some […]

Currency Overlay – What is it and Does it Work?

By Dr Jessica James, VP, Head of Research, & Dr Mark Thomas, AVP, Strategic Risk Management Group, Bank One, London Currency Overlay is a product that is becoming increasingly popular with investors who need to manage foreign exchange risk. Essentially, it is the outsourcing of foreign exchange risk management. Consider a US-based investor who holds […]