Tag Archives: foreign exchange

Forex settlement volumes rise in August – CLS

Reuters – The average number of daily foreign exchange payment instructions rose in August from the previous month, data from FX settlement system CLS Bank showed on Friday. The average volume of payment instructions was 589,446, with an average value […]

Investors fret as Eden Rock fund falls

Reuters – Eden Rock Structured Finance has seen its value drop further in 2009, leaving some investors saying they are worried they may get back little of their money in the hedge fund, which is due to be wound up […]

Sterling falls as bears raise pressure over stimulus cash

This is London – It also led many in the City to believe the Bank favours a weak currency, prompting a series of downbeat ­forecasts today. “I’m super bearish on the pound,” said Hans-Guenter Redeker, the London-based head of foreign […]

Brevan Howard Said to Spin Off Teams to Manage Two New Funds

Bloomberg – Brevan Howard Asset Management LLP, Europe’s largest hedge-fund manager, spun off groups of credit and currency traders to manage two new funds, people familiar with the situation said. Luke Ding, who trades foreign exchange for the flagship Brevan […]