Month: August 2013

Oanda Updates Mobile Apps

Retail broker Oanda has enhanced the technical analysis features built-in to the firm’s  FXTrade Mobile applications for iPhone, iPad, and Android smartphones and tablets. The new features allow clients to draw trend lines, mark chart patterns, and identify support and resistance levels on currencies and financial instruments anywhere they go, at any time. “With the […]

ANZ Appoints Institutional Banking Head

ANZ Banking Group has appointed Andrew Géczy as CEO of the bank’s International and Institutional Banking division. He will be based in Melbourne and report to ANZ CEO Mike Smith. Géczy joins from Lloyds Banking Group where he was CEO Wholesale Banking and Markets. In this role, he had global responsibility for corporate and institutional […]

MarkitServ Highlights Clearing Growth

Markit says that more than 600,000 trades have been submitted to clearinghouses by MarkitServ in the period between March 11, when the Commodity Futures Trading Commission made clearing of certain OTC derivatives mandatory, and the end of July. In the first half of 2013, the volume of trades submitted for clearing using MarkitServ was up […]

ISDA Puts Forward Harmonisation Principles

The International Swaps and Derivatives Association (ISDA) has released a set of principles it believes will help drive “the widely held goal of a more harmonised framework of international derivatives regulations”. The principles incorporate views expressed by international regulators and market participants, and are intended to guide the development of frameworks and processes for inter-jurisdictional […]

FXC Updates FXPB Protocols

The New York Foreign Exchange Committee (FXC) has issued best practices recommendations for FX prime brokers and executing dealers to take into account when designating Covered PB counterparties. The document, issued along with the FXC’s Financial Markets Lawyers Group (FMLG), does not impose rules on the industry, rather it seeks to promote best practice. While […]

FIA Global Finalised

The process leading to the creation of a combined body to represents futures and options market participants has been completed with the Futures Industry Association, the Futures and Options Association and FIA Asia announcing the completion of the final bylaw changes needed to form FIA Global, a confederation of the associations. Members of the FOA […]

SEB Shuffles E-FX: Hedin Joins

SE Banken has shuffled its e-FX responsibilities following the hire of Svante Hedin as head of electronic trading for FX and commodities. Hedin will start for SEB in Stockholm on 1 October, having joined from JP Morgan in London where he was global head of FX e-commerce trading, with overall responsibility for the bank's electronic […]

And Another Thing…

Before we get into today’s issue, I would like to assure those readers to get in touch that Monday’s blindfolded monkeys playing darts (with a George Benson thrown in for good measure) was not part of a bet! Anyway, to business – and the ongoing issue of inequality around news releases. For the past two […]

O’Brien Joins UBS

UBS has hired a new head of e-FX quant trading analytics following the departure of previous incumbent Mark Meredith to Citi. Ciara O’Brien is joining the bank in the role and will report to Chris Purves, global head of FX e-trading at UBS. O’Brien, who is joining from State Street where she was head of […]

Eurex Enters the FX Fray

Eurex is to offer FX futures and options trading to its customers following an extensive consultation process. The exchange is to offer six futures and options contracts, in EUR/USD, EUR/CHF, EUR/GBP. GBP/USD, GBP/CHF and USD/CHF – the new contracts will open for trading on October 7. Contract size will be 100,000 base units, officials at […]