London-based hedge fund, Nickel Asset Management, has spotted an opportunity in the market, devised a strategic plan, raised $50 million…
Read More
Brazil’s largest hedge fund increases bets against euro, real and renminbi
São Paulo-based Verde oversees about 37 billion reals ($9.2 billion) in clients’ money. Reports show that Verde Asset Management, Brazil’s…
Read MoreJapanese broker FXTF adds new Tradency automated strategies used by hedge funds
FXTF is adding Tradency’s new hedge funds automated strategies for its mirror trader service.
Read MoreCon man rips off London hedge fund in ‘Friday Afternoon scam’, makes off with £742,668
Fortelus Capital Management CFO Thomas Meston was preparing to leave his office on a Friday afternoon when a fraudster called stating that he was from Coutts and requested the company’s corporate bank account details. Subsequently, the fraudsters stole from the bank account, with Mr. Meston now the subject of a lawsuit
Read MoreSaxo Bank sees pickup in prime brokerage demand as big banks shun smaller funds
“This shake-up will probably mean that the growth of FX in general as a market is going to slow down.” – Saxo prime broking chief Peter Plester
Read MoreMF Global’s Jon Corzine looking to make a comeback with new hedge fund
The Wall Street Journal reported yesterday that disgraced former MF Global CEO Jon Corzine, also former chairman of Goldman Sachs and ex-New…
Read MoreHong Kong manager Ortus prepared for launch of Forex hedge fund
Hong Kong based Ortus Capital Management is preparing to launch a new fund in March to try to win back investors…
Read MoreSources: JPMorgan suspends two senior FX salesmen on client expenses
Bloomberg broke the news that two members of JPMorgan’s London FX prime brokerage sales team put on leave after mishap with client expenses…
Read MoreCHF mayhem claims hedge fund victim in Everest Capital’s Global Fund
The fund had about $830 million in assets at the end of 2014, according to a client report cited by Bloomberg.
Read MoreMalaysian Ringgit, Philippines Peso added to Thomson Reuters Matching platform
Thomson Reuters, today announced the launch of real-time electronic trading of spot and forward Malaysian Ringgit (MYR) and the Philippines…
Read More