072505

HUMAN FACTORS

JOHN PARCELL RESURFACES

John Parcell, former board director of Reuters Group and ex-CEO of Reuters Information, is the new chairman of TheBullionDesk, an online provider of metals market prices, news and commentary, officials tell DWT. The company operates TheBullionDesk.com, a Web site for the precious metals markets, and BaseMetals.com, a site for producers, traders and industrial consumers of base metals. Parcell joined Reuters in 1969, became a board member in 1996 and abruptly left Reuters

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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