Day: 11 December 2013

And Another Thing…

I thought I would follow up briefly on Monday’s column, mainly because I think there are some misleading headlines out there over the market’s micro-structure following the release of the final BIS Triennial Survey. I have read several items suggesting the FX market is no longer a bank-dominated market – utter nonsense. I suspect that […]

Craignou Leaves HSBC for Fund Manager Role

HSBC’s MD and global head of FX and metals derivatives, Vincent Craignou, has left the bank to pursue a career in fund management Profit & Loss understands. The London-based FX veteran joined HSBC in 2003, having previously spent six years with ING Bank as its global head of FX options. Craignou had also worked as […]

Special Focus: Global Currencies Forecast 2014

More than five years after the onset of the Great Recession, consistent global growth remains elusive, prompting central banks to stick with historically low interest rates while injecting unprecedented amounts of cash into the financial system, writes Dean Popplewell, director, currency analysis and research with Oanda. Many expect fiscal policy to be less of an […]

Caplin Unveils Managed FX e-Distribution Service

Caplin Systems has launched a new service offering hosted FX single-dealer platforms as a service, in the latest indication of a growing marker shift toward more banks opting for SDPs over multi-dealer platforms. The new e-distribution service, called Caplin Direct, is designed for the growing number of banks now ready to launch their own SDP […]

Volcker Rule is Finalised but Regulators Remain Divided

On Tuesday December 10 five US Federal agencies issued the final rules for implementing section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or as it is more popularly known, the Volcker Rule. The final rules prohibit insured depository institutions and companies affiliated with insured depository institutions (banking entities) from engaging in […]

Integral to Offer Benchmark Product

Integral Development has reacted to the ongoing uncertainty in the FX industry surrounding the 4PM fix by releasing its own product, Integral FX Benchmark. The new products offers what Integral claims is a “first of its kind” set of second-by-second benchmark rates for major currency pairs, and is the result of joint research work with […]

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