Articles by Michael Watt
CLS sees 9% revenue growth
FX settlement service has successful 2013
Industry united over spot FX definition after EC consultation
Industry wants nuanced position of FX spot settlement length
Corporates worry over post-clearing NDF liquidity
Corporate treasurers fear likelihood of higher costs for cleared NDFs, reducing liquidity in the sector
FX dealers work with Nasdaq OMX to launch trade monitoring service
Nasdaq OMX and six major currency trading banks collaborate on further transparency efforts
FX Focus - Editor's Letter
The renminbi rise is good news for some, but bad news for others. Michael Watt introduces the latest edition of FX Focus
FX Focus Q&A - Francois Masquelier
The renminbi may be looming large in the minds of FX market-makers, but many corporates with exposure in China are still some way behind the curve when it comes to hedging, according to Francois Masquelier, chairman of ATEL, Luxembourg’s association of…
Market participants lose out as renminbi volatility increases
The renminbi’s depreciation in early 2014 caused a scramble among FX users, and there may be more volatility on the way
State Street centralises Currenex liquidity access
Firm aligns trading and clearing processes across asset classes
Three-quarters of RMB participants feel depreciation pain
RMB volatility rises as PBOC forces currency down against USD
European Court of Justice knocks back UK Treasury’s FTT challenge
Treasury must wait until FTT is properly fleshed out before challenging again
Best execution driving demand for pre-allocation aggregation, says Traiana
Settlement and reporting of block trade made easier under new service
Kantox forms European FX advisory board
Peer-to-peer platform attempting to stay ahead of FX market changes
RBI pushes independent benchmark body
Indian central bank recommends administrative body for FX rate governance
WMBA says EC's FX spot consultation misses the point
Trade body hits out at European Commission’s consultation on FX spot definition
EU set to exempt FX swaps and forwards from initial margin requirements
Consultation document removes initial margin requirements on €6.9 trillion of uncleared FX swaps and forwards
CFTC clarification little help for European swap platforms
European swaps still struggling to meet May 15 deadline on equivalence standards
Currency managers do make money, says Levanoni
More than half of FX managers still making returns in tough environment
Asset managers bemoan lack of alternatives in FX
Asset managers at the FX Invest North America event call for trading alternatives
Panel clashes on best execution and NDF clearing in Boston
A panel at the annual FX Invest conference in Boston tackled the difficulties of NDF clearing and best execution costs
FastMatch NY suffers trading delays
'Short-lived slowness' affects HFT spot platform due to excessive activity
CLS warns Alice ruling may impact all financial companies
Legal dispute with Alice Corporation over technology patent now with US Supreme Court
European MTFs in limbo over CFTC compliance ahead of May 15 deadline
European platforms left hanging as CFTC compliance still in doubt despite rapidly approaching deadline in May
Asset managers are most significant non-bank market participants
Head of banking at Bank for International Settlements highlights growing role of non-bank market participants in FX
Lab49 unveils platform partnership with UBS
Technology consultancy has been working with UBS on its Neo platform since 2010, the firm reveals today