Month: July 2002

Syntegra Gets Renewals After Post-9/11 Efforts

Standard Chartered Bank and CIBC World Markets (CIBC) have both implemented voice trading systems from Syntegra for their relocated dealing floors in New York. Both relocations were a result of the tragic events of September 11, and both banks suggest that Syntegra’s efforts immediately after those events played a part in their decision making process. […]

Currenex Raises the Stakes

At a time when functionality and not liquidity is a key issue in the buy side’s choice of a portal, Currenex has thrown down the gauntlet to its competitors by launching its money market loans and deposits module. This product launch leaves FXall as the only FX portal supporting a single asset class. At the […]

The Domino Effect:Atriax Sets it in Motion

Whilst there was some surprise at the timing of Atriax’s closure (it was widely acknowledged that it was in merger talks with rival FXall) few were surprised that it became the first name removed from the list of multibank portals (albeit swiftly followed by SunGard’s STN Treasury). What prompted a company, which at face value […]

ACI UK Honours Co-Founder of ACI

ACI UK recently held the latest Roy Bridge Memorial Lecture, the annual event that is the centrepiece of the association’s programme. Bridge was a co-founder of ACI in 1955. The lecture was given by Ian Plenderleith, who until recently was executive director of the Bank of England and a member of the bank’s Monetary Policy […]

Strategic Planning Group Unveils Marketing Plan

ACI’s Strategic Planning Group (SPG) presented a comprehensive marketing plan to the ACI Council in Luxembourg. The SPG was charged with producing the plan by the Council at November’s meeting in Paris, and has held three meetings since, undertaking what Mike Eastaway, chairman of the SPG, says has been, “A completely open and honest process.” […]

Q&A With Appleton Capital Management

Company Information Company Name: Appleton capital management Contact Name: Jeremy O’Friel Location: Dublin, Ireland Product Name: Appleton 25% Risk Program Product assets: $90m Total Assets Under Management: $105m Firm Inception Date: July 1992 Number of Employees: 15 Return Information Annual Performance 1995 1996 1997 1998 1999 2000 2001 2002 Since Inception   60.88 21.38 18.13 […]

The World in the Palm of your Hand?

By John Kasp As infants we relied on our parents for our daily schedule, oblivious to personal time management or commitments. Not long after picking up the ability to walk, talk, read and write, things start getting complicated and sooner or later we end up with a little black book. Birthdays lead to parties, that […]

In Brief

FX Concepts Extends Overlay Agreement with RSAM FX Concepts, a New York-based currency manager, has reinforced its mutually exclusive currency overlay agreement with RS Asset Management Japan (RSAM), making RSAM the sole representative of FX Concepts’ Japanese currency overlay business in Japan. “We feel that we have a product in our yen-based currency overlay programme […]

Central Bankers Grapple with Deflation Risk

In a period of loose monetary policy and rising liquidity it is no surprise that there is a rise in commodity prices. Both the CRB and JoC commodity indices are rising currently. However the greater surprise perhaps is that economy-wide price pressures remain subdued. Pessimists would argue that the correlation between commodities’ price inflation and […]

Are Currency Overlay Clients Getting ‘Short-Changed’?

By Arun Muralidhar, Managing Director, FX Concepts, Inc.1 As the currency overlay industry has gathered over 15 years of experience (eg, FX Concepts was asked by a pension fund to manage currency exposures in 1987), it is useful to take stock of the industry and the products it offers to ask if clients’ needs are […]