Month: September 2009

Socit Gnrale Adds to Strategy and Research Teams

Socit Gnrale has made four appointments to its global strategy and economic research teams in Paris and London. Vronique Riches-Flores has been named head of thematic research, a newly created position, and is responsible for identifying areas of thematic interest in global economic trends. Riches-Flores, who has been with SocGen for fifteen years, is now […]

Currency Funds Post Losses for Third Month: Parker

Currency funds posted losses for a third month in August during which the US dollar depreciated 0.22% against a basket of G-6 currencies, according to the Parker FX Index. Funds focusing on currencies fell 0.11% in August, following a 0.06% decline in July and a 0.25% decline in June, according to Parker Global Strategies. Of […]

ISE Introduces Dual Currency Conventions for FX Options

The International Securities Exchange (ISE) has made dual currency conventions available for four currency pairs in its portfolio of ISE FX options. The “in USD” currency convention, typically used in the FX spot market, is now available alongside ISE’s USD-based currency convention for options on the Australian dollar, British pound, Euro and New Zealand dollar. […]

CME to Launch Latin American Fund Manager Incentive Program

CME Group will introduce on 1 October an incentive program that will enable registered Latin American-based funds to receive discounted trading fees for electronic trading of CME, CBOT and Nymex products. Approved fund accounts of fund managers based in Latin America with at least $100 million in assets under management can qualify to receive favourable […]

Wall Street Systems to Offer ‘Treasury on the Move’ Mobile Application

Wall Street Systems has developed a new interface for mobile devices that gives corporate treasurers access to their treasury management system while on the move. The new Treasury on the Move interface, which works on devises such as the BlackBerry, will enable corporate treasurers using the company’s Wallstreet Suite treasury management platform to carry out […]

On the Move…

EBS, R.J. O’Brien, BofA, Tradermade and more… Anderson Joins EBS Ed Anderson has joined EBS as a senior account manager in New York, parent company Icap confirms. Anderson started at EBS last week and reports to Steve Toland, head of FX sales, EMEA. Anderson has held a variety of roles in the FX business. Previously […]

Tech Corner

A round up of the latest technology news… Brokerage company B*Capital, part of BNP Paribas, has partnered with Saxo Banque France to offer its private clients FX, contracts for difference and futures trading througha rebranded version of Saxo’s online platform SaxoTrader. Pierre-Antoine Dusoulier, head of Saxo Bank’s office in Paris, says: “Saxo Bank’s technology and […]

Around the World

Iran, the fourth largest oil producer in the world, has replaced the US dollar with the euro in calculating the value of its Oil Stabilisation Fund (OSF), Iranian media has reported. The move was taken by the government to protect itself from the fragility of the US economy and the weak dollar, according to the […]

And Finally…

As the purveyor of this fine(?!) column is taking a week’s vacation, the column this week merely involves a thank you and an apology. Firstly, a huge thank you to everyone who made Forex Network Chicago such a great success last week – our numbers were off the scale and the panel sessions received some […]

Last Chance to Sign Up for Forex Network Chicago

Forex Network Chicago takes place this Wednesday and Thursday at the Mid-America Club and spaces are running out with over 410 attendees already signed up. The conference gets under way at 9.00AM on Wednesday (registration is open at 8.30AM) with a keynote address by Craig Donohue, CEO of CME Group. The two days promise to […]