Articles by Farah Khalique
Treasury exemption decision leaves Europe divided
Representatives of the Commission, Parliament and Council voice different opinions about whether the US determination warrants a rethink on European rules
SmartTrade adds CME’s FX futures to liquidity pool
Clients will be able to trade FX futures offered by CME Group as if they were trading spot, using the vendor's conversion software
Top European banks see Q1 Ficc revenues fall
Deutsche, Barclays, UBS and Credit Suisse all saw some fall in Q1 revenues compared with the same period last year
Barclays Capital signs up to CLS Aggregation
UK bank becomes the ninth CLS Aggregation participant since the platform launched in January 2010
Deutsche Bank sells dbFX to Gain Capital
German bank says further growth of the retail trading business requires a specialist like Gain Capital as it sells the dbFX offering it has built up since 2006
Deutsche and Barclays sweep into CNH derivatives
Banks both now offer offshore renminbi trading in spot, forwards and swaps on their FX platforms after new launches over the past fortnight
Mifid proposals on organised trading need a rethink, insists FSA official
Regulator argues the EC should create a derivatives trading venue category to allow European institutions to meet G-20 commitment on organised trading
FX dealers commit to greater standardisation in latest Fed letter
Voluntary OTC commitments touch on standardisation of FX products and the selection of a trade repository for the FX market by Q2 2012
Isda raises concerns over Russian netting laws
But despite the challenges involved, banks and brokers are excited by the progress being made to open up the Russian market
Spotlight on: Joe Norena and Jacqueline Liau, HSBC
Joe Norena, chief operating officer for FX and metals at HSBC, and Jacqueline Liau, global head of product and services for FX Prime, talk to Farah Khalique about the bank’s plans to offer clearing services for FX products
EU Council disputes Esma’s power to determine clearing eligibility
Legal precedent suggests European Commission might have to determine which contracts should be cleared under new derivatives rules, rather than Esma as originally planned
Velentza to head EC’s new financial stability unit
Ugo Bassi to take over as head of securities markets and Mifid review
CBA completes first phase of FX systems overhaul
Commonwealth Bank of Australia's Baxter e-FX platform set to go live this week
LCH.Clearnet confirms FX options clearing for 2011
Annual results confirm significant investment in developing clearing services for FX options
WallStreetdocs pitches document search engine to banks
Document automation specialist to launch new offering next month
Multi-bank options platforms: the vision versus the reality
New platforms offering multi-bank FX options trading are finding it tough to manage the manual pricing processes of banks and the complex close-out arrangements inherent in options. Farah Khalique reports
Athanasopoulos replaces Adler at UBS
Arie Adler leaves top FX post in New York, but plans still unknown
FXall to roll out buy-side benchmarking tool
Move follows a similar product launched in partnership with ITG in May 2010 that has seen limited adoption among buy-side firms
Traiana rolls out forex clearing connectivity service
Citi and CME Clearing become the first to join the network as the market prepares for the advent of FX clearing
Icap mulls bank-only alternative to Pure FX
Discussions progress about new functionality on Icap's platform that could eliminate the threat of Pure FX
Spotlight on: the buy side
At the FXInvest Europe conference in Zurich on March 8, foreign exchange investors and fund managers met to discuss key issues driving the FX market in 2011 and the possible impact of new regulations. Farah Khalique caught up with three of them
Alpari launches FX options platform
Platform launched on March 9 to execute vanilla options trading strategies
FX Invest Europe: Renminbi could overtake euro as alternative reserve currency
Panellists discuss the US dollar as the unquestioned reserve currency