Nomura
Nomura names new global head of FX structuring
Rana Dasgupta will have dual responsibility for global FX structuring and Asia-ex Japan structuring
Rising rates lead to greater interest in structured products
Trading volumes ‘could increase fivefold’ as a result of short-term rates rise
SA-CCR hit on US banks could hinder year-end dollar funding
Potential lighter presence of US banks in swaps market may affect buy side’s ability to roll hedges
Nomura hires Leng for dual global FX trading roles
Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally
Nomura targets smaller Chinese banks after first CFETS trade
Japanese bank is one of seven offshore FX dealers offering G10 pricing on China’s interbank market
Electronification allows Singapore to take on the world
SG1 data hub enables city-state to consolidate its position as key centre for trading
New FX trading engines power growth for banks in Singapore
Influx of banks setting up electronic matching engines drives trading volumes in city-state
Market braces itself for EBS’s great migration
FX industry prepares for tectonic shift as venue moves to CME Globex
SA-CCR brings little succour for FX dealers and clients
Spreads on swaps and forwards likely to widen as banks adjust to capital-intensive regime
Quantum trading and the search for the perfect clock
Government push to overhaul satellite technology could improve time-stamping accuracy for trading firms – and for regulators
FX industry shows little appetite for single API
Market players sceptical over need for standard programming code to connect clients with services
Vanguard extends forwards dominance as Citi dips
Counterparty Radar: Fund giant responsible for more than a third of total forwards volumes and half of EUR/USD in Q4
OTC FX options market gears up for faster electronification
Share of electronic trading remains low but host of factors promise to change that for good
Nomura targets US in FX rebuilding effort
Return of volatility sees Japanese bank rehire in New York and focus global business on Asian pairs and FX options
In choppy FX markets, algos buck expectations
Goldman, Nomura and others report increased volumes, although some clients revert to principal quotes
Ion’s Broadway deal leaves banks in a bind
Barclays and Nomura among banks that had moved from Ion to rival it now controls
Nomura advances AI trading platform for FX and fixed income
Over the next year the bank will converge its trading desk infrastructure to create a cross-asset class system
Volatility becalmed, trade in FX options plummets
With central banks in tandem on policy, market churn lessens considerably
BidFX eyes expansion in execution tools and algos
Buy-side focus on FX exposure will drive development
Instinet launching FX agency trading business
Execution services arm of Nomura prepares agency-model e-trading platform for spot FX
Mani joins Barclays in macro trading
Rahul Mani’s banking career has spanned Credit Suisse, Morgan Stanley and Nomura