Articles by Michael Watt
Buy side steps in as banks tire of delegated reporting
Buy-side firms are offering delegated reporting for clients as banks understood to be weighing up whether to continue offering the service
Fixation on internalisation is ‘nonsense’, say banks
Banks respond to increasing industry focus on internalisation of FX trades, arguing the practice offers better execution for clients than trading on primary platforms
Forex clearing drives Nasdaq OMX reorganisation
Global market services unit designed to improve trading transparency for exchange’s clients
Nemat Shafik secures new BoE role
Shafik arrives and Paul Fisher shuffled to the side in BoE shake-up
DTCC experiences ‘brutal’ start to trade reporting
Trade repository admits it was caught unprepared by reporting at industry conference
US banks benefit as European peers pull back from Ficc
European banks losing out to better capitalised and less regulated US counterparts, according to research
FX Focus - Editor's Letter
Can currency managers begin to hope for more returns in 2014?
FX Focus - Alessio de Longis Q&A
Emerging markets were rattled by the Federal Reserve’s talk of tapering its quantitative easing programme in 2013. Will 2014 see more of the same? Or will emerging market currencies dance to a different tune?
FX Focus - Currency managers see brighter days ahead for FX markets
Currency managers are attracting more interest from clients as differentials grow between developed-world economies, but patience may still be required in the wait for higher returns
FX Focus - EM currency markets face fragmented 2014
Emerging markets were rattled by the Federal Reserve’s talk of tapering its quantitative easing programme in 2013. Will 2014 see more of the same? Or will emerging market currencies dance to a different tune?
Systematic funds may continue to struggle in low-rate environment
Happier times for systematic traders still some time away, says Alessio de Longis
European Parliament to lay out final offer on bank resolution
Parliament tries to force Ecofin’s hand after a breakdown in negotiations
Migration from multi-bank platforms set to continue as fees mount
High fees in low-return environment pushing banks to alternative liquidity distribution channels
UK and Singapore set up RMB private sector working group
Offshore RMB development to be hot-housed by UK and Singapore forum
FX Invest Europe: Denison calls for more innovation in FX fund management
Keynote speaker at FX Invest Europe says FX managers too often stuck in a rut
FX Invest Europe: Deutsche Bundesbank official praises Fed’s QE exit strategy
Christine Glockmann says other central bankers may copy Fed’s communication over QE tapering in 2013
FX strategists sceptical of success for Scottish ‘Yes' vote
Analysts do not expect Scotland to vote for independence, but sterling may weaken in the run-up to the referendum
FCA forex probe to go public in 12 months’ time
Legal experts say it will be early 2015 before final stages of FCA probe into benchmark manipulation begin, the first opportunity to hear details in public
NAB tops one-month rankings with constrained USD outlook
National Australia Bank analysts correctly anticipated effects of harsh weather on US economy
FSB announces review of FX benchmarks
FSB will present findings to G-20 Brisbane conference in November
Industry fears lack of strategic focus on OTC data aggregation
FSB report lays out options for OTC data aggregation before considering strategic objectives
Divergence over definition of FX derivatives emerging in EU
Luxembourg allows grace period for FX reporting at last minute
Questions raised over trade reporting at CSFI round table
Concerns over the implementation and utility of trade reporting data dominate industry event
FXall sees record single-day volumes of $197 billion in January
FXall volumes hit single-day record at just below $200 billion