Articles by Michael Watt
Time for clock synchronisation - regulators
Global regulators assess the need for a central reference clock to help investigations into alleged abuse of financial markets
Salmond hammered over lack of ‘Plan B’ for Scottish currency
Yes campaign leader criticised over currency stance in live TV debate on August 5
OTC market fragmentation rises in wake of Sef trading
Isda research highlights split between US and Europe in swaps trading
Reconciliation requirements threaten delegated reporting
Another regulatory deadline, another set of headaches for banks and buy-side participants
FX market doldrums hit Credit Suisse earnings
Private banking unit at Swiss bank struggles amid low FX volatility
Brics nations launch development bank
Brazil, Russia, India, China and South Africa launch new institution to solve transaction settlement issues
SuperDerivatives queries Sef RFQ rules
Tech vendor seeks clarity on chat room trading protocols from CFTC
Icap revenue falls amid "difficult" market conditions
EBS Market volumes continue to decline as firm begins cost-cutting measures
FSB seeks consultation on FX benchmark review
FSB to assess suitability of FX benchmark reforms
Best professional e-trading venue: KCG Hotspot
KCG Hotspot wins best professional e-trading venue category
Best post-trade services provider: Traiana
Traiana warns impact of new reporting requirements could take market participants by surprise
E-FX initiative of the year: ParFX
ParFX scoops best e-FX initiative of the year
Fx Focus - Q&A
Chris Concannon, president and CEO of Virtu Financial
FX Focus - Analysing potential
Transaction cost analysis is growing in importance in the FX market, supported by healthy interest from the buy side. But FX may be playing catch-up on TCA in other asset classes for quite some time
FX Focus - Look back in Anger
The use of last look orders by liquidity providers is coming under more scrutiny, as some participants allege banks are gaining unfair trading advantages over buy-side firms from the practice. Are these concerns justified, and how can the industry…
Last look orders come under scrutiny
Banks engaged in "unfair liquidity provision" that could turn into next FX scandal
FCA seeks input on wholesale financial markets competition review
Industry to have its say on competition review
FX Focus - Emerging uncertainty
With volumes of G-10 currencies dipping, banks are switching their focus to over-the-counter emerging market flows. But while there has been growth on this front, all is not rosy in the garden – dealers are struggling to get EM trading algorithms off the…
RMB-ready exporters have edge as Chinese trade links grow
Chinese firms prefer foreign corporates with RMB experience
FX traders focus efforts on improving trade surveillance
Auto-hedging, risk management also key, while regulation is seen as opportunity rather than risk to businesses
RMB exchange-rate freedom for Chinese banks
Chinese central bank also widens RMB trading band
Access to collateral may prove problematic
Academic study warns of ‘immoblised’ inventories
Corporates get ready to hedge renminbi risk
Uptick in renminbi volatility brings more corporates to hedging market