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  • Global futures brokerage Newedge has hired Adrian Jones as a senior FX Dealer for its team in Sydney. Jones, who has more than 20years’ experience in the market, reports to Mike Bailey, head of FX Europe and deputy global head of FX, and Max Smith, Newedge’s global head of FX based in North America. Newedge has also recently announced the opening of a full-service office in Dubai and it has relocated senior FX trader Frederic Vibert to push its Middle East FX sales.
  • I know you'd rather get your FiX than have a day off, but we acknowledge Good Friday.
  • Rydex Investments is looking at ways to help educate advisors and investors about its line of currency exchange-traded funds.
  • Société Générale subsidiary Lyxor Asset Management has launched four new exchange-traded funds, three of which will track U.S. stocks and one that will provide access to the MSCI World Index.
  • Commodity exchange-traded funds were the best performers in February, in what was a tough month for ETFs.
  • Pax World Funds plans to launch three ETFs in the next year
  • Exchange-traded funds and separate accounts are driving the growth of socially responsible investing.
  • UBS announced today that it is to appoint David Sidwell, the former CFO of Morgan Stanley, as a non-executive director. Marcel Ospel, the chairman of UBS said Sidwell's "extensive banking expertise will only further strengthen our board". Read our February cover story, 'Board stupid', which revealed how few bankers actually sit on the boards of the world's leading financial institutions.
  • This crisis is not just about illiquidity but also about insolvency and the fear that borrowers, including banks themselves, will not repay. The Fed “boost” misses the point.
  • ETF Securities has expanded its sales team with the hires of Emil Petersen as head of Nordic sales and Neil Jaimeson as senior sales representative for the U.K. and Ireland. Petersen was FTSE Group’s regional sales director for EMEA and the Nordic region. Before FTSE, Petersen was a sales director for TowerGroup