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Banking

"Did you hear how badly our options desk's done..."

One of the first things I was taught when I joined the market was to always be careful about what I said in public.

Bob Hope and no hope
Will the volatility last?

Electronic options
One well-known consultant said that there was no electronic trading of FX options.

...Talking of brokerage
Banks hate paying it, brokers hate cutting it.

Cantors versus Tullets
I heard that the court transcripts were hilarious.

Careless talk costs jobs 
One of the first things I was taught when I joined the market was to always be careful about what I said in public.

Citi joins the FICC club
News that Citi is at long last going to try and break down its silos will surely get the rest of the market worried.

And...
the scoop on the lastest people moves – for our premium subscribers' eyes only
.




Bob Hope and no hope


After I wrote last week about RBS shutting down its FX prop trading desk, a couple of readers were swift to point out the irony in the timing of the decision. The desk’s closure came just before the majors finally broke free of the tight range that had constricted them for much of the last six months.


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