Month: May 2005

Javid Promoted at Deutsche Bank

Deutsche Bank announces the appointment of Sajid Javid as global head of emerging market (EM) structuring. He reports to Pablo Calderini, head of Latam and CEEMA, Global Markets, the appointment takes immediate effect. Javid, based in London, is responsible for the structuring of all Global Market products in CEEMA and Latam and for the structuring […]

Cognotec in Extended Upgrade

Cognotec, a provider of automated trading solutions, presented various new tools at this years’ ACI World Congress as it unveiled a major enhancement of its products and services. RealStream is a stand-alone solution which enables banks to deliver executable streaming rates (ESR) to their clients. This solution is combining scalability with enhanced pricing control and […]

BofA Builds E-FX, Strategy Resources

BofA is reported to have hired Kamal Sharma, previously at Dresdner Kleinwort Wasserstein as a senior currency strategist in London. The bank was unable to comment on either appointment by press time.

Barclays Re-Brands Under BARX

Barclays Capital Extends has announced that as of June 1, 2005, it will market all of its electronic products and services globally under the brand BARX (Barclays Automated Realtime Execution). To date the firm has used the BARX label for its fixed income products traded over the Bloomberg as well as interest rate swap products. […]

Reuters Receives Final Clearance

Reuters has officially received all regulatory clearances necessary to complete its pending acquisition of rival Moneyline Telerate (Squawkbox December 20,2004). This follows earlier announcements stating that the company received their clearance from the European Commission and all other regulatory approvals needed for completion, however, the transaction remains subject to other customary completion conditions. The companies […]

Lava FX Hires Two

Trading platform provider Lava Trading has employed Allen McKenzie, who joins as head of EMEA sales for Lava FX. Based in London he will report to Robert Savage, global head of FX sales. McKenzie joins after a short period of time out of the industry, he was last at Dresdner Kleinwort Wasserstein (DKW) in London […]

GFI Launch of Fenics DealFX

GFI Group has introduced Fenics dealFX, a foreign exchange option trading technology, offering customised pricing and trading services to its buy-side clients. The new service provides online pricing and trading capabilities, while at the same time allowing banks to create their own Web front-ends, use their internal option analytics and integrate their systems with other […]

Reuters Widens FX Community

At last week’s World Congress of ACI – The Financial Markets Association in Stockholm, Reuters officially unveiled Reuters Trading for Foreign Exchange (RTFX), its new service which allows banks as well as their customers to trade FX from their Reuters desktops. The company says that RTFX assists banks in reducing costs and also expands the […]

Chinatrust Commercial Bank Embarks on FX Relationship with Saxo Bank

Chinatrust Commercial Bank begins an institutional FX trading relationship with Denmark’s Saxo Bank. Approved in December 2004, the contract covers a range of major FX currency crosses, which the Chinese bank trades on behalf of its own account as well as its clients. Chinatrust is employing Saxo Trader to execute trades which will then be […]

RBS Goes Live with Streaming FX Trading

The Royal Bank of Scotland (RBS) is going live with streaming FX spot via the Bloomberg professional service. RBS says the new service complements its existing electronic trading capabilities on Bloomberg, thus allowing clients to trade FX and fixed income online with RBS as well as accessing the bank’s research from one single platform. Additional […]