Tag: UBS

UBS

Best Multi-Asset Class Platform

P&L Report Card Whilst we seem to be in the midst of a shift on the buy side to multi-asset class execution desks, it’s probably too early to say whether this represents a short term trend on the part of managers desperate to trim costs, or the start of a bright new future. It is […]

Digital FX Awards 2020: Winners Announced

The winners of the 2020 Digital FX Awards were unveiled during a Zoom Happy Hour that followed Profit & Loss’ first ever Dial-in Day, which attracted over 500 attendees. For the seventh year in a row, UBS won Best Multi-Asset Class Platform for Neo, the bank also went home with four other Awards. Continuing what […]

Execution Methods in Focus as Eyes Turn to Tricky Month End

Even though liquidity conditions in FX markets remain sufficiently robust to ensure a reasonably functioning market, sources say that different mechanisms are now being seriously considered – especially as the market eyes what could be a tricky quarter end benchmark Fix on Tuesday (March 31) – a time when volumes submitted for fixing are significantly […]

Caramanli Joins Ion

Profit & Loss understands that Hishaam Caramanli, global head of e-commerce at UBS, has joined trading software provider Ion as chief product officer. Caramanli leaves UBS after a 10 year career, during which he led the team that developed the bank’s multi-award winning single dealer platform Neo. Prior to that he worked for almost eight […]

Diginex Hires Head of Investment Products

Diginex, a digital asset financial services and advisory company, has appointed Shane Edwards as head of investment products, based in London. In this role, the firm says he will help to drive the transformation of the traditional financial industry into the digital era – specifically, he will be responsible for overseeing the design and delivery […]

Markets Over-Estimating GBP Brexit Premium, Say Analysts

Markets might currently be overestimating the amount of Brexit premium left in sterling, argue senior analysts at UBS. “There’s not as much Brexit premium in sterling as people think,” says Arend Kapteyn, global head of economics and strategy at UBS. “A lot of the discussion I have with investors is along the lines of: ‘Sterling […]

Algos: Next Big Thing or Already There?

From a trader using their skills and multiple channels to execute client orders to a silent world of APIs and smart order routers, the execution process has changed almost beyond recognition over the past 20 years – but, as Colin Lambert finds out, not everyone sees algos as the next big thing in FX markets. […]

The Real Revolution: Data and the FX Market

From origination through trading to settlement, Colin Lambert argues that data has revolutionised the foreign exchange industry more than any other single factor. “Even 10 years ago I probably heard the word ‘data’ once a month,” says Kate Lowe, head of trade services at State Street. “Now? It’s 40 times a day. As an industry […]

Boehler Joins UBS?

Market sources tell Profit & Loss that Adrian Boehler has joined UBS as global head of FX distribution. Based in London the sources say he will report to George Athanasopoulos, global head of FX, rates and credit. Boehler was last at BNP Paribas in London where he spent just over seven years in a variety of […]

Tradefeedr Live with Goldman, UBS and XTX

Tradefeedr, the FX data analysis platform has partnered with Goldman Sachs, UBS & XTX Markets as the first participants on its platform. Co-founded in 2018 by industry veterans Balraj Bassi and Alexei Jiltsov, Tradefeedr is an independent intermediary which aggregates, analyses and disseminates trading information between capital market participants to aid data-driven decision making. “Today […]