Month: October 2010

Barclays Capital Releases Results of FX Investor Sentiment Survey

Barclays Capital has released the results of its FX Investor Sentiment Survey, which captured the views of 582 clients, comprising a broad range of investors including hedge funds, money managers, proprietary trading desks and corporates. ?? The results show that moving into Q4 2010, the consensus view is that monetary policy expectations – specifically driven […]

Interbank FX Opens in Australia

Today (October 25) marks the opening of IBFX Australia, a subsidiary of IBFX Holdings, parent company of brokerage firm Interbank FX. Sydney-based IBFX Australia is licensed with the Australian Securities and Investment Commission (ASIC) and offers a full FX service to retail and institutional clients in the Pacific Rim region. “Our presence in Australia furthers […]

Barclays Launches Ucits Hedge Fund Replicator

Barclays Capital has launched a replication product designed to offer investors exposure to the performance of the hedge fund industry through the Barclays Capital LBAR Alternative Index. The new Barclays Hedge Fund Replicator Fund is an open-ended Ucits III fund offering daily liquidity and is managed by Barclays Capital Fund Solutions. The index is designed […]

On the Move

Goldman Sachs, Lloyds TSB, Greenwich Associates, RBS… Fleschler Joins Goldman Sachs Robert Fleschler has joined Goldman Sachs as vice president of e-FX sales for the Americas, market sources tell Squawkbox. A spokesperson at the bank declined to comment. Fleschler was previously managing director and global head of FX e-commerce sales at Lehman Brothers. Before working […]

Mandell to Join Standard Chartered

Christiane Mandell is joining Standard Chartered in the US as head of institutional sales across fixed income, currencies and commodities, according to market sources. The sources say she will be joining the bank in the US in mid-November. A spokesperson for Standard Chartered declined to comment. Mandell was previously head of Latin America at the […]

Tech Corner

A round up of the latest technology news… The Taiwan Futures Exchange has signed a memorandum of understanding with the Singapore Mercantile Exchange, the recently launched pan-Asian multi-product commodity and currency derivatives exchange, for future cooperation. The MOU has provided both sides with a mechanism to forge closer links by coordinating and sharing information in […]

And Finally…

I thought this week, rather than have to suffer my opinions, I would let you have those of others. I have often thought that as tech-savvy youngsters move into the market, with fresh ideas and a “pure” outlook on the markets, then high frequency trading would become more accepted – not for the first time, […]

Profit & Loss Launches ‘Pulse’ Video

Keep your finger on the pulse of the market by tuning in to http://www.profit-loss.com/pulse/ – a new section on the www.profit-loss.com website where you can find freely available video content. Through two new video sections, Profit & Loss introduces ‘Faces’, for one-on-one interviews with industry leaders and ‘Forex Network TV’, where you can gain insights […]

SURFACExchange Prepares for Launch

SURFACExchange, a new currency derivatives platform that aims to provide execution for OTC currency derivatives, expects to complete its platform by November 1 and begin onboarding clients, according to Evgeni Mitkov, founder and CEO. Citi will act as central counterparty on the platform. The launch date will be set once all members have completed the […]

FIA Wants to Work with CFTC on OCR

The Futures Industry Association has thrown its hat into the ring to work with the Commodity Futures Trading Commission (CFTC) on an ownership and control reporting system (OCR). FIA says the futures industry is working on an OCR system that will serve as a practical and cost-effective alternative to the system proposed by the CFTC. […]