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Atlanta-based FX Bridge has secured a $2 million investment from Total Technology Ventures, a major investor in financial services software and technology. The company says that the proceeds will be used to accelerate product development and the expansion of its operations. Its main product, ProTrader Plus, is a trading and risk management product offering contracts for difference, spot and options. The company says it is pulling in options liquidity from major market makers.

Confirming the volume rise reported last week, CLS says that its average daily volume for June was 669,797 payment instructions. This is a 19.1% increase on the previous month and a rise of 25.4% on June 2008. The average daily value for June was $3.7 trillion, up 14% on May.

Sources say Barclays has hired two new spot traders. Casey Maguire is said to have come from Citi Sydney to work in Singapore, and Rob Philbin from Merrill/Bank of America to work in New York.

BNP Paribas has hired Philipp Uthoff from Citi Frankfurt to cover German corporates. “This hire underscores the commitment that BNP Paribas has to expanding its footprint in risk advisory, derivatives and FX in Germany. The move also highlights the high level of attraction that BNP Paribas is enjoying with key talent in this market,” says Clive Banks, BNP Paribas’ European head of corporate derivatives.

Chris Hansen has swapped his role as head of Deutsche’s institutional client group Europe to head up the bank’s FX prime brokerage operations. Hansen will be based in London.

Saxo Bank has hired Michael Schmeja as its global head of derivative sales. Schmeja, who was previously at Royal Bank of Scotland covering financial institutions in Switzerland, has been given the task of expanding Saxo’s direct options business, as well as that of its partners. Schmeja, who will be based in Copenhagen, has also worked at Deutsche, where he was head of FX and money markets for the bank’s private wealth management group, and at JPMorgan Chase, where he was responsible for FX spot, swaps, forwards and options in Germany and Austria.

Retail platform Interbank FX has hired market veteran Peg Reed as its managing director of global sales. Reed’s responsibilities will include expanding new strategic technology and broker partnerships around the world for IBFX, particularly in the Asian market.

The job market appears to have caught a bid, thanks mainly to CIBC, which is clearly intent on building up its FX business. The bank has made two more hires to its financial solutions group in London. Natasha Crago joins from Barings Asset Management as a director, reporting to Barnie Hartley, while Ross Hefford, who is an exile from ABN Amro/RBS joins as an executive director, reporting to his former colleague Mark Sweeting.

In a speech at the Euromoney Awards for Excellence dinner in London July 8th, Deutsche Bank’s chief executive Josef Ackermann called on the industry to engage with governments and regulators to help inform inevitable changes in the global banking industry, to help preserve the vital role that banks play in promoting global wealth and enhancing global trade.

To hold the number one position in market share, assets, loans and profitability in Ecuador suggests that the bank in question is doing something right.

Exclusive first look at the winners of the 2009 Awards for Excellence: be the first to see the results.

An economic slowdown globally has had little impact on Bank of the Bahamas, which has assets of about $800 million, up from about $700 million last year. At its mid-year results at the end of December, the bank reported that it had attracted 5,000 new accounts, opened a branch in Cat Island, and grown its private banking division, showing its strength domestically and in Florida where it recently opened an office.