Dresdner Makes Selective Hires to Bolster Singapore

Dresdner Kleinwort Benson has hired a small team of senior trading and sales dealers from the former Bankers Trust in Singapore. The hires represent a selective build-up of the operation, complementing the existing team, says Fred Dubignon, Dresdner’s head of FX sales in London. David Wensley has been named as the new regional trading manager […]
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Cognotec Prize Draw

Cognotec awarded three digital video cameras to the winners of its prize draw, which was based on answers to a questionnaire handed out to delegates of Forex 99 in Milan. Francesco Ceci, treasurer of ABN Amro in Milan; Vladimir Jurik, head of institutional client sales for Tatra Bank in Bratislava, Slovak Republic; and Mark Mitchell, […]
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MacKinnon Settles Into New Role at Merrill Lynch

In his new position as senior currency strategist for Merrill Lynch in London, Neil MacKinnon says he is focusing primarily on short-term moves in the major currencies, but that he is also contributing to the firm’s longer term forecasts in the wider FX markets, including emerging markets. “This as a very exciting and challenging opportunity […]
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Nostradamus Predicts…

Nostradamus Systems Ltd is the newest entrant to the market, using neural networks to predict directional movements. The service, available over Reuters (NOSTRA – NOSTRZ), is designed for intra-day and intra-session traders. Tim Finch, one of the group’s founders, says Nostradamus offers traders an edge, using its directional indicator, Compass, to provide “second by second” […]
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Friends & Colleagues Remember Richard Lacy

Friends and colleagues paid their respects to Richard Lacy, 51, who passed away this summer after a long illness. Richard spent his entire career with Astley & Pearce Group, which he joined straight from school in 1966 as a foreign exchange broker in London. In the mid-1970s, Richard transferred to Asia, where he started the […]
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Q & A With C-View Limited

Company Name: C-View Limited Contact Name: Paul Chappell Phone Number: 00 44 1707 391 000 Fax Number: 00 44 1707 395 888 E-Mail: info@c-view.co.uk Product Name: Managed Accounts Product Assets: $10.02 mio Total Assets Under Management: $10.02 mio Firm Inception Date: September 1996 Number of Employees: 3   Return Information Annual Performance 1996 1997 1998 […]
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The Case for Hedge Funds

  An excerpt from a report by Tremont Partners Inc, of Rye, New York, and TASS Investment Research Ltd of London Since 1949 when Alfred Jones established the first hedge fund, the hedge fund industry continues to be one of the most misrepresented and misunderstood areas of finance. The often trumpeted spectacular successes of the […]
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The Weakness of The Euroland Recovery

By Michael Burke, B&M Research The Euroland economy is heading into an upturn. Many observers are inclined to believe that it is Euroland, the economies that have adopted the euro, which will fare best of all over the next period. This sentiment has underpinned the rebound in the euro on the foreign exchanges and has […]
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Bank of America’s Chris Mandell Gets Respect

In college, Christiane Mandell was trained for the Foreign Service. Today, she spends 50 per cent of her time travelling overseas…but it isn’t for the US government. It’s for Bank of America, where she is one of the highest-ranking members of the global forex division, overseeing the bank’s sales activities in 36 centres worldwide. While […]
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Poland – Searching for Yield in All the Right Places

By John Taylor, FX Concepts Currency is the simplest expression of a country. As systemic risk tipped one emerging currency after another into devaluation last year, 1998 saw the appearance of a regional hard currency in the form of the Polish zloty. Despite floods, financial storms and economic woes to East and West, Poland gained […]
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