The FX industry is still picking itself up after the aftermath of the SNB decision last week, which has left brokers scrambling for damage control or in some cases the accrual of new business.
Interviews
Saxo Bank’s Steen Blaafalk Discusses the Group’s Capitalization and Potential Losses
Saxo Bank has been one of several industry leaders that has escaped calamity as a result of the surge of Volatility last week – Forex Magnates spoke with Steen Blaafalk, CFO at Saxo, about the group’s regulatory requirements and potential losses. Read More Here
Fortress Prime’s CEO Mitch Eaglstein Reveals the Secrets of Dubai, Prime Brokerage
Forex Magnates spoke with Mitch Eaglstein, CEO of Fortress Prime and prime broking specialist, for his perspective on Dubai and Fortress’ future direction – “It would not surprise me for Fortress to earn over a hundred million dollars from FX trading this year.” Read More Here
Key Executive Moves
Veteran FX Specialist Andrew Kaufmann Parts Ways with UBS AG
Andrew Kaufmann, longtime FX veteran and global head of foreign exchange structuring at UBS AG, has parted ways with the bank to take up employment at Maven Global. Read More Here
Michael Cashel Named Interim CEO of Newly Launched Equity Venue, Luminex
A total of nine leading investment management firms have coalesced into a new equity trading venue known as Luminex, installing Michael Cashel as its newest Interim CEO. Read More Here
Trending
Lucky or Strong? Who Will Survive CHF Volatility
The forex world is still in shock after the recent SNB announcement. Apart from customers, this event had an extreme impact on brokers and other companies working with currency exposures. Read More Here
Earnings Season: How to Trade It and What to Look For
With the earnings announcement of AA (Alcoa) this past Monday, the first quarter of earnings season 2015 has officially started for the US equity markets. So here are some thoughts, past and present of how I trade leading up to, during and after earnings announcements. Read More Here
