Month: October 2005

CBRC’s Director-General to Give Opening Keynote at Forex Network Asia;

Wang Huaqing, the Director-General of the China Banking Regulatory Commission (CBRC) will make the Opening Keynote Address at the world’s leading FX conference “Profit & Loss Forex Network Asia”, on November 10-11 at the Four Seasons Hotel in Shanghai. This opening speech on Thursday afternoon will address banking reforms in China and look at measures […]

Changes at eSpeed?

Market sources suggest that Cantor Fitzgerald, parent company of eSpeed, ceased its spot FX voice broking service last Wednesday. Sources say Nigel Renton, MD of FX, is to be moved into a new, non-FX role and that several spot brokers have left the firm. A spokesperson declines to comment on the rumours.

Two Banks Go Live on Reuters FX Service in Q4

Barclays Capital has gone live on Reuters Trading for Foreign Exchange (RTFX) through the Barclays’ BARX electronic trading platform, initially in Asia. Meanwhile, Deutsche Bank also plans to go live on the platform by the end of this year. BarCap is the sixth bank to go join RTFX. Another nine (including Deutsche) are expected to […]

NAB FX Dealers to Face Trial in April

Three former National Australia Bank (NAB) FX options traders have had their trial for dishonesty set for April 20, 2006, in the Victorian County Court. Gianni Gray, Vince Ficarra and David Bullen are expected to go through a three-week trial over their alleged involvement in an FX options trading scandal that resulted in the bank […]

Lehman Names MD for Institutional Sales

Lehman Brothers in New York has hired Eric Johnson, who will be joining the firm in its investment management division as a managing director and global head of institutional asset management sales. Johnson will report to Theodore Janulis, global head of the investment management division. Bringing with him 25 years of experience in institutional sales, […]

Torres Goes to BPD NY

Market sources report that Jesse Torres has left BNL Bank where he was a G8 currency trader and has joined BPD Bank New York. BPD is an affiliate of BPD Group, the largest banking group in the Dominican Republic. He will reportedly serve as the deputy treasurer with the main responsibility of developing the FX […]

HFR and BarCap Launch Emerging Managers Platform…

HFR Asset Management (HFRAM) says it launched the first-ever emerging managers hedge fund of funds on a controlled infrastructure platform. The HFR emerging managers fund will initially comprise 21 funds, each with two years or less of tenure. Barclays Capital has an exclusive arrangement to offer structured products on the fund, which will be the […]

Hayes Joins BarCap as Economist

Barclays Capital has appointed Simon Hayes as director within the bank’s London-based UK economics team. Hayes joined on October 10 and reports to David Hillier, chief UK economist. Hayes was previously with Bank of America, where he most recently managed the UK economic assessment team and was also responsible for advising the monetary policy committee […]

DrKW Customises Research Delivery

Dresdner Kleinwort Wasserstein (DrKW) has launched PremierNote, a customisable service for the electronic delivery of research. The new service allows clients to receive research by email in the format, time and frequency that best suits them, officials say. It covers all published DrKW capital markets research across all asset classes. “The aim of PremierNote is […]

Currenex and Traiana Offer New Solution

Traiana and Currenex have integrated their platforms to automate and streamline order processing for prime brokers conducting FX trades on the Currenex execution platform. The two firms also announced their first joint customer, ABN Amro, which is live on the new solution. The straight-through processing integration of Currenex’s platforms, the Traiana Harmony service and Traiana’s […]