conditions are changing in the FX market, they are not necessarily getting
worse, claimed panelists at Profit &
Loss’ Forex Network New York conference.
Although Kevin Kimmel,
Chief Operating Officer, Citadel Execution Services FX, mentioned that FX
market liquidity ...
The second quarter of 2016 saw mixed performances amongst some of the major banks, against a background of increasing uncertainty and challenging trading conditions in currency markets.
Goldman Sachs posted a 20% year-on-year increase in net revenues in what it calls Fixed ...
Virtu Financial has signed a
three year deal with JP Morgan to provide technology and market access to the
dealer-to-dealer US Treasury market.
“I am very pleased to
announce that we have partnered with JP Morgan on an initiative to ...
JP Morgan has become the latest bank on the
wrong end of an unfair dismissal claim from its currency teams with Patrice
Ktorza, a former FX salesperson at the bank, reportedly winning his claim.
News, citing a copy of ...
The GFMA’s Global FX Division (GFXD) has named Claudia Jury, managing director and co-head, currencies and emerging markets at JP Morgan as its new chair, and Nigel Khakoo, head of G10 FX at Nomura as vice chair. The trade group also announced it added Scotiabank as a new board member, bringing its total membership to 25 FX market participants.
The GFXD says its aim is to promote efficiency, international harmonisation of regulation and high standards of conduct in the global FX market.
JP Morgan has created a markets execution team, which will focus on providing clients with electronic distribution of macro (including futures and options and Neovest) markets products across multi-channels.
The new team will be jointly led by Richard James, who has moved from his role as head of currencies and emerging markets execution services, and Peter Ward, who was previously head of futures and options execution services. Both men will report to David Hudson, JP Morgan's head of markets execution.
Debra Herschmann has joined JP Morgan as head of corporate and investment bank user experience.
She joins from Goldman Sachs, where she established and led the global user experience design practice responsible for delivering commercial and highly usable client-facing, front office, and enterprise products.
Prior to that, Herschmann was at Lehman Brothers where she was responsible for UX delivery of LehmanLive and Point.
At JP Morgan, Herschmann will be responsible for ensuring clients get a consistent experience on the bank’s platforms across asset classes, and as markets change or open up.