Month: February 2006

Sumitomo Trust Goes Live With Calypso

Sumitomo Trust & Banking has gone live with Calypso Technology’s interest rate and foreign exchange derivatives software platform. The bank is using the platform to carry out trading and associated hedging activities and perform cross-product risk analysis. “We selected Calypso because it was a strategic technology solution that would allow us to decrease the time […]

Bennett Joins AFMA Services

Clive Bennett has joined AFMA Services in Sydney as the head of its education business. He was last managing director of Tullett Liberty Australia in Sydney. He is also a previous president of ACI Australia. In addition to the management of the Australian accreditation and training business, which operates under the auspices of AFMA (The […]

Commerzbank Hires Guntenaar

Commerzbank Corporates & Markets has appointed Laurent Guntenaar to its financial institutions structured derivatives marketing team in London to cover the Dutch and the Irish markets. Guntenaar joins from Rabobank International where he has worked for the past 10 years, the last five as director, institutional equity and fund derivatives sales. He will report to […]

SEB Joins FX Connect

SEB Group has joined FX Connect, State Street Global Link’s FX trading system. “FX Connect complements our overall eFX strategy with its global distribution into the asset management community,” says David Steiner global head of eFX at SEB.

SGAM Hires in Asia

Socit Gnrale Asset Management (SGAM) has hired two chief marketing officers based in Hong Kong and Singapore. Beonca Yip has joined SGAM in Hong Kong from Pramerica Asia Fund Management where she was regional director, Asia, International Investments. Prior to Pramerica she worked at JF Asset Management and Citibank. Ernest Yeo is based in Singapore […]

China Citic Implements SunGard

China Citic Bank (formerly Citic Industrial Bank) – a wholly-owned subsidiary of China International Trust and Investment Corporation – has gone live with SunGard’s Adaptiv solution for front-to-back-office trading of its foreign exchange, money market, fixed income and derivatives businesses. SunGard’s Adaptiv is a credit and market risk service providing internal and regulatory requirements for […]

Simplex Sells Online Margin FX System to Daiwa Securities

Simplex Technology, a Japanese financial systems developer, has delivered an online foreign exchange margin trading system to Daiwa Securities according to the Nikkei Financial Daily. The JPY200 million (US$1.7 million) system is Simplex’s second sale following an earlier deal to Nikko Cordial Securities. Daiwa Securities will now enter the online forex margin trading business in […]

Citigroup Establishes Futures Trading Team in Singapore

Citigroup is to make major changes to its futures execution and clearing capability in the Asia Pacific region, including the establishment of a futures trading team in Singapore. The futures trading desk will be integrated with the bank’s existing global rates and currencies operations and will report to Damian Kelly, head of Citigroup futures trading, […]

EBS Benefits as Gold Soars

Gold surged to its highest price since 1981 in London and New York on January 9, as investors poured money into the buoyant market, leading to a surge in trading on EBS. The metal finished European trading above $555 a troy ounce, having traded as high as $557.30 an ounce in New York, an intraday […]

Barclays Adds CME Options to BARX

Barclays Capital has added CME Eurodollar options functionality to its electronic trading system, Barx, making it the first bank to offer electronic execution of CME Eurodollar options on its proprietary platform.’The addition of CME Eurodollar options strategies on Barx exemplifies Barclays Capital’s commitment to electronic trading in the futures and options markets. This provides our […]