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Euromoney collected data for its 2008 FX survey by polling named individuals at industrial and commercial corporations, financial institutions, institutional investors and state agencies.

The global foreign exchange market continues to grow at an extraordinary pace, with most of the world’s largest banks reporting noticeable and at times dramatic growth in turnover volumes in 2007. View the results of Euromoney's 30th annual poll.

Following on from last week’s FiX, when I reported that Goldman Sachs was aggressively trying to attract flow from the retail aggregators, word reaches me that the bank is offering some interesting deals.

Chicago-based futures clearing firm Rosenthal Collins Group and New Jersey-based retail specialist Gain Capital have announced they are creating a joint venture, RCG Gain, to establish a presence in the UK.

Icap has entered into a strategic alliance with Korea Money Brokerage, Korea’s largest interdealer broker, with the aim of further developing electronic spot FX in the country. The alliance will offer increased access to Icap’s EBS platform, initially in G7 currencies.

Front end provider TradingScreen has added Credit Suisse’s AES (Advanced Execution Services) FX algos to its TradeFX trading platform. In a slightly hyperbolical press release, the company, which claims to provide “a state of the art FX dealing environment to the largest FX institutions in the market today, says that with Credit Suisse it is “revolutionizing again the trading environment by bringing the benefits of low market impact and enhanced price discovery to the OTC market. It is a natural evolution to our vast offering in algorithmic trading for equities and derivatives to extend its reach to OTC products.”

Trading technology provider Integral has opened an office in Hong Kong and hired Margaret Ma as the office’s first sales executive. Ma previously spent 13 years with EBS.

Hotspot FXi is launching access to its historical market data archive, which stretches back to January 2004. The company says that the data is especially appealing because all of its rates are executable, neutral, stem from multi-contributors and include the volume transacted at each price, which makes it more robust for use in trading models, algorithms. Available data include: tick data; top of book; best bid and offer by currency pair at user-configurable time intervals; full depth of book; all bids and offers by currency pair at user-configurable time intervals and transaction data.

Merrill Lynch’s global head of FX sales, Christian Exshaw, has been notified that his position is at risk of redundancy and subject to a 90-day review. Exshaw moved to the bank as part of a team with Harry Culham from Dresdner, starting in January 2007. His departure – nobody in their right mind would accept the bet that he’ll be going back – marks the end of that particular adventure. Sources say that Vicenzo Galli-Zugaro’s position as head of investor client operations for EMEA is also under review.

The beefing up of its FX business shows no sign of letting up at UniCredit. The bank has hired Chris Dunning, who left Merrill Lynch in March, as head of FX exotic options trading. He reports jointly to Dan O’Sullivan, the banks global head of FX trading, and Tim Taubman, it’s co-head of option trading. Market sources also suggest that the bank has hired Joe Craven, who recently left his job as head of FX and local market sales at Dresdner NY.

JPMorgan has clarified its global rates and FX management team in an internal memo from Matt Zames, its head of global rates, FX and tax-exempt capital markets/municipals. Troy Rohrbaugh, who was previously head of EMEA FX trading and global head of FX options, has been promoted to overall head of global FX trading. He continues to report to Daniel Pinto in emerging markets currencies. Terry Belton is now head of global fixed income strategy and FX research, while Sikander Ilyas will manage the bank’s global hedge fund client franchise for rates and FX.

Mark Fenn, who was previously at HSBC, is believed to be starting at Standard Bank as an FX emerging market to corporate salesman at Standard Bank in London.