> Fxpb

fxpb

Search for a tag

Executive Moves

UBS Makes Series of Moves in its FX Prime Brokerage Unit

Terrance Oh has parted ways with UBS, ending a 16-year career with the lender - in his place Ryan Connolly and Daniel Bader are being promoted.

Friday, 26/02/2016 | 15:03 GMT by Jeff Patterson

Technology

Good News for FXPBs: Traiana Deploys Azul’s Zing to Reduce Creditlink Latency

Traiana has deployed technology from Azul Systems to reduce latency in its cross industry FX network starting with its CreditLink product.

Wednesday, 10/06/2015 | 08:25 GMT by Ron Finberg

Technology

Banks Keep Tightening FXPB Offering as Risk Profiling Takes Centre Stage

In one ramification of the CHF crisis, firms operating in the leveraged products space are facing an uphill struggle in their bid to take heed of a bank's PB services, as new emerging players try to fill in the gaps.

Wednesday, 18/03/2015 | 23:35 GMT by Adil Siddiqui

Products

LMAX Prime Goes Live as Other FXPBs Scale down Their Business

LMAX Prime launches this week as an opportunity in the FX prime brokerage space has been created with existing players scaling back their businesses following the Swiss franc's 'Black Thursday' in January.

Monday, 16/03/2015 | 15:30 GMT by Ron Finberg

Technology

More Credit Contraction as Citigroup FXPB Closes Accounts

The SNB crisis is still taking tolls: stating a review of its accounts "in the light of prevailing market conditions and service costs", Citi has confirmed that its FXPB unit has terminated customer accounts.

Monday, 23/02/2015 | 14:59 GMT by Ron Finberg

Technology

Shockwaves of CHF Crisis Impact Foreign Exchange Prime Brokers

The impact of the Swiss franc crisis is slowly showing its true light as institutional participants reap risks of the major market move. FXPBs have been directly impacted as bank risk parameters are reviewed.

Friday, 23/01/2015 | 21:17 GMT by Adil Siddiqui

Exchanges

Exclusive: Commerzbank Winding down FXPB Services as It Reallocates Resources

Commerzbank's FXPB unit gets winded down as the bank aims for 'addition by subtraction' in its Market Services business which includes clearing, custody, collateral solutions, and trade repository services.

Wednesday, 10/12/2014 | 15:18 GMT by Ron Finberg

Executive Moves

Global Head of FXPB Peter Klein Parts Ways With BofA Merrill Lynch

Bank of America (BofA) Merrill Lynch has a key vacancy to fill, following the departure of Peter Klein, its Global Head of FX Prime Brokerage (FXPB), continuing an industry-wide trend of personnel turmoil.

Wednesday, 17/09/2014 | 00:02 GMT by Jeff Patterson

Analysis

More FXPB Industry Turmoil as Peter Klein Exits Global Head of FXPB at BAML Position

In a continuation of turnover in the foreign exchange prime broker sector, Forex Magnates has learned that Peter Klein is out as Global Head of FXPB at Bank of America Merrill Lynch.

Monday, 15/09/2014 | 22:21 GMT by Ron Finberg

Exchanges

Exclusive: LMAX Launches LMAX Prime PoP Solution and Hong Kong Operational Office

Expanding its product offerings, LMAX has launched a new Prime of Prime broker solution called LMAX Prime. The firm has also opened a Hong Kong office to support customers during Asian market hours.

Monday, 01/09/2014 | 11:15 GMT by Ron Finberg

Interviews

Velocity Trade’s Ben Brown Reflects on the Changing World of FXPB

The slow and steady world of FX prime broking was ignited by major changes and overhauls at several providers.

Friday, 01/08/2014 | 09:26 GMT by Adil Siddiqui

Technology

Deutsche Bank Added as Connected Prime Broker to Advanced Markets

Advanced Markets, has announced today that it now offers FXPB services through Deutsche Bank. The arrangement expands the firm’s credit capacity for customers to designate a primer broker.

Thursday, 19/06/2014 | 18:56 GMT by Ron Finberg

Analysis

Exclusive: SEB Puts Brakes on FX Prime Brokerage

The shake-up in the FX Prime Brokerage sector extends its footprint as Nordic, SEB Merchant Bank, makes changes at the top of its FX Prime Brokerage division & reviews its operations, the bank has halted new applications.

Tuesday, 03/06/2014 | 19:32 GMT by Adil Siddiqui

Analysis

Rabobank’s FXPB Exit, $15M in Losses? And the Gaping Hole in the Market

It’s not often that a prime broker exits the market, but following Rabobank's exit from the FXPB space, it has triggered an avalanche of movement in the industry as former customers secure new relationships.

Tuesday, 03/06/2014 | 10:55 GMT by Ron Finberg

Analysis

Rabobank Exiting FX Prime Brokerage, Cites Lack of Complete Fit with Their Business Strategy

After a tumultuous 2013 which saw Rabobank fined by the CFTC and FCA for their involvement with the LIBOR manipulation scandal and the resignation of its CEO the Dutch bank is exiting the FXPB business.

Wednesday, 14/05/2014 | 17:40 GMT by Ron Finberg

Technology

CFH Clearing Appoints Bank of America Merrill Lynch as New FX Prime Broker

CFH Clearing has chosen Bank of America Merrill Lynch as its new primary prime broker, the move comes on the back changes at the firm which included rebranding to ensure its business is accurately reflected.

Tuesday, 13/08/2013 | 07:52 GMT by Adil Siddiqui

Analysis

Saxo Bank Partners With MarketFactory in Launch of Saxo Prime

Wednesday, 16/01/2013 | 08:59 GMT by Ron Finberg

Technology

Newedge Enhances FXPB Platform

Wednesday, 10/10/2012 | 21:26 GMT by Adil Siddiqui

Brokers

BNP Paribas ready to launch its Global Prime Brokerage services

Thursday, 28/07/2011 | 08:53 GMT by Adil Siddiqui

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}