FMA-USA Holds Forum in Pittsburgh

The Financial Markets Association-USA held a board of directors meeting in Pittsburgh last month, which featured an economic panel discussion. Guest speakers scheduled for the event were Dr Charles Adams, assistant director for the international capital markets research department at the International Monetary Fund, as well as Dr Bernd Goos, director general of International and […]
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Deutsche’s Herron to Oversee Global FX in Bankers Merger

Having just received approval from US authorities to proceed with its acquisition of Bankers Trust in late May, Deutsche Bank has begun to appoint managers to oversee the combined group. Deutsche’s current global FX manager, Hal Herron, was named to the same post for the new unit, but the fate of Bankers’ global FX chief, […]
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Reuters DealWeb Teams With Subsidiary Tibco

Reuters DealWeb, the Internet-based corporate FX trading service that was introduced last summer, is in the midst of being combined with Tibco Finance’s TIBMercury FX autodealing and order routing service. The new product is now in customer tests, and customers will be migrated to the system over the coming months, says a Reuters official. The […]
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S&P’s MMS Revamps Global Currency Service

Standard & Poor’s MMS is revamping its currency service – making the front-end of the product more market and strategy oriented, says an official. The service, Currency Market Insight, has a new focus on market reporting, offering minute by minute updates on the Market Pulse pages, which include rumours, flows and independent views. The technical […]
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FNX Launches Derivatives Modules on Sierra System

FNX has launched two additional derivatives modules to its Sierra System, which provides integrated trading, risk management and operational control across all asset classes. The derivatives and structured products add-ons were developed in conjunction with leading derivatives experts, Drs John Hull and Alan White. With the launch of this latest software, which complements its money […]
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MCM Signs Internet Tech Deal with Tibco

MCM has signed a deal with Tibco Finance Technology that enables it to simultaneously offer its currency, fixed income and equity services over Reuters, Bloomberg, Bridge/Telerate and Internet browers. MCM is now using Tibco’s TIBAuthor to publish more than 25,000 updates per day to its global client base. “TIBAuthor provides MCM a flexible platform that […]
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Banca Commerciale Italiana Hires 12 From San Paolo

According to sources in London, Banca Commerciale Italiana (BCI) has hired a team of a dozen dealers, including treasurer Eugenio Namor from San Paolo Bank. Namor could not be reached by press time. These sources say San Paolo has relocated its forex trading to its headquarters in Turin.
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RBC London’s Forwards Chief Stammers Exits the Market

Andrew Stammers, who headed global FX forwards for Royal Bank of Canada in London, left the market in the spring to spend more time with his family, says an official. Stammers was named head of global forwards trading (excluding Canadian forwards) about two years ago, overseeing trading in Europe and Asia. His deputy on the […]
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Deutsche Transplants Barrett From Far East to Frankfurt

Alex Barrett, who ran Asia-Pacific regional FX sales for Deutsche Bank from Hong Kong, has relocated to the bank’s headquarters in Frankfurt. Barrett takes up a new position as head of FX sales for Germany. He will be using his derivatives background to enhance the local effort, says an official. Barrett now reports locally to […]
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DLJ Plans London Unit – Jury Leaves New York

Ken Gettinger, global FX manager for Donaldson, Lufkin & Jenrette, says now that the New York team has been operational for a year, he is close to announcing a new manager to build a London team. Separately, in New York, chief dealer Steve Jury has left the investment bank to pursue other interests, say sources. […]
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