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Rogue trader costs UBS $2bn

In a brief statement, UBS warns the discovery could lead it to report a loss for the third quarter but says no client positions have been affected...

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Latest FX-MM news...

Misys taps social media location information for bank-to-customer payment authorisation
UK fintech vendor Misys has launched a service that enables bank customers to use location-based social media applications such as Foursquare to confirm their whereabouts to authorise transactions...

Fundtech board ditches S1 for PE outfit GTCR
The board of Fundtech is turning its back on a planned merger with S1 after receiving a “company superior offer” from private equity firm GTCR...

Risk appetite plunges to lowest levels since early 2009, finds survey
Investors expect Europe to fall into recession in the next 12 months, according to the BofA Merrill Lynch Survey of Fund Managers for September...

Greece’s departure from the Euro seems inevitable
Removing Greece from the eurozone might be the best solution to ending the uncertainty and volatility in the European markets and would remove one of the biggest hurdles impeding an economic recovery in Europe...

Dukascopy Bank opens its Dukascopy TV Studio in Geneva
Dukascopy TV has been created in November 2008 and has rapidly been growing to become “The online Swiss Banking Television”...

Saxo Bank launches new offshore Renminbi (CNH)
Saxo Bank, announced that the new USDCNH currency cross is now available on its trading platforms...

Bank of America Merrill Lynch launches enhanced online investment access
Bank of America Merrill Lynch, announced significant enhancements to its online liquidity management and investment order capability...

Latest trading commentaries...

Anniversary
Mark Deans, Moneycorp
The world continues to demand more political correctness. I am being told that children that display ongoing patterns of disobedient, unreceptive and defiant behaviour are now being termed as “oppositionally defiant” or having Oppositional Defiant Disorder (ODD). They are no longer referred to as spoiled brats.

Is a common Eurobond still an option?
Richard Driver, CaxtonFX
The euro actually traded relatively strongly in the face of the Austrian parliament’s refusal to approve the European bailout fund’s recent upgrade. Comments from the European Commission lent some support; suggestions were made that, despite German opposition, a common Eurobond is still an option.

The hollow sound of Greek promises
Michael Derks, FxPro
Stocks and also the single currency are firmer on the back of the warm words from Merkel and Sarkozy yesterday in the wake of their conference call with Greece.

Italy finally passes emergency austerity plan to keep the rating agencies at bay
Mark Bolsom, Travelex
Key developments from the euro zone allowed stock markets to advance yesterday while traders cautiously took on more riskier positions. The euro produced a mild turnaround against the US dollar following a statement which came after a call between officials from Germany, France and Greece.

US Industrial Production to stagnate as EZ CPI remains stable
Andrew Timothy Robinson, Saxo Bank
Risk continues its comeback this morning following optimistic comments from several Eurozone leaders, including Barroso, yesterday.

Are you seeing the views that matter?

More than a FX and Money Market Deposits trading platform, Lloyds Bank Corporate Markets new
e-solution Arena offers insight, economic analysis, reporting and trading – all in one single, customisable view.

Research & Insight

There’s a wealth of research from our respected team of economists, so whether you need a better view of macroeconomic developments or a specific currency or sector, you’ll find the information you need. Live, streaming news feeds from well known third-party sources also brings you up-to-date market data.

User friendly and Customisable Interface

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Online Trading

When it comes to trading, Arena offers a choice of FX and Money Market trading modules. You can trade a simple spot trade right through to FX swaps or time options in over 50 currencies. There’s flexibility too in money market deposits trading with a wide choice of currencies, various tenors and settlement options.

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Featured company

Our company directory also includes:

Alpari (UK)
Bank of America Merrill Lynch
Commerzbank AG
Currenex
- Davies Arnold Cooper
- FXall
- FXCM
- FXecosystem
- FxPro
- GFI Group
- QuantumFX
- riskart
- TwoFour
- Wall Street Systems

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