Articles by Michael Watt
US court orders Sef-registration rethink
CFTC forced to perform cost-benefit analysis of various Dodd-Frank provisions
FxPro acquires spot aggregator platform
Quotix buy will boost focus on institutional clients
SNB stands pat on EUR/CHF floor, despite market jitters
Swiss central bank ready to buy FX in unlimited quantities to preserve 1.20 currency floor
FX Focus - Editor's Letter
Cash management products promise to save millions for corporates, but costs could rise elsewhere as regulation begins to bite
FX Focus - The regulation blues
Senior bankers have often derided the Basel Committee’s intraday liquidity measure as an ineffective and burdensome piece of regulatory overkill. Nevertheless, they will be expected to implement it from January 2015. Readiness isn’t perfect, and banks…
FX Focus - The magic world of cash management
Several of the largest banks have merged treasury and FX desk services to help clients dispense with costly local currency accounts. Corporate treasurers have often viewed this as some form of alchemy, but the significant savings promised by banks seem…
Azimo launches euro money transfers to Scotland
New service will be in place before independence referendum
London set to become dominant RMB hub
Three cities will beat off competition from other financial centres
Corporates waste millions on currency accounts
New product should reduce costly corporate currency accounts
BGC aims for GFI buyout
Brokerage firm offers $5.25 per share in hostile takeover of rival
RMB cash management in limbo as market awaits PBoC guidelines
Banks eager to offer two-way sweeping accounts throughout China, but rules not in place
Sterling set for instant 5% fall if Scotland votes Yes
Market still sees independence as unlikely, but participants buying sterling protection
Papasavvas leaves Investec to launch loan syndication firm
FX strategist ends eight-year career at South African bank
Currency fund returns on the up after tough few years
Profits rise as the paths of major economies begin to diverge
Esma's latest FX consultation branded ‘pointless’
Regulatory playing field will remain unequal in EU, say market participants
Clients switch off dealers using aggressive last-look strategies
Market-makers using aggressive last-look strategies face backlash from buy side
Esma must use FX derivative definition delay wisely – WMBA
Fears that delay risks entrenching confusion over trade-reporting rules
ATC Brokers launches UK-based service
Ex-Citi VP Michael Mirarchi will lead the new retail brokerage
Smooth take-off for collateral reporting
Buy side goes it alone on collateral and valuation reporting
Widening fix window is not a magic bullet, industry tells FSB
Broad support for reforms, but industry makes varied counterproposals
Macbeth goes amid DTCC management reshuffle
Childs and McLelland take top roles as Macbeth departs
European regulators slammed for uncleared margin ‘sleight of hand’
Possible expansion of firms affected by variation margining earns critique from buy side
UK Treasury launches Bitcoin review
Chancellor aims to make London a global centre for digital currencies
No Sef clarity required for chatroom trading
SuperDerivatives' claim that more clarity is needed by the CFTC on footnote 88 is dismissed by one US-based platform