Articles by Miriam Siers
Rise in fraud prompts system upgrades for retail brokers
Brokers with weak anti-fraud protection in place risk a detrimental impact on the rest of the industry, participants warn
Renminbi swap line expected to boost CNH liquidity
The recent agreement on a swap line between the UK and China will be a positive step for the nascent offshore renminbi market, although questions remain over how it will work
Brokers concerned by 15-second rule for Sefs
CFTC's 15-second crossing delay rule for Sefs could put participants in a risky position and make it more difficult to use a voice broker, dealers warn
Upward sterling view puts Gain Capital on top
The retail broker accurately forecast cable to strengthen from 1.53 to 1.57 during the course of late May and early June
Retail FX volume leverages the volatility boom
Growth in retail volume this year is not just a return from low volume in 2012, but a long-term trend, say market participants
Nomura's European strategy head departs
Geoffrey Kendrick has left the Japanese bank after almost three years
Markets braced for dollar to rally post-FOMC
As Fed chairman Ben Bernanke is expected to confirm plans for tapering of bond purchases, FX traders say the dollar will rally in response
JB Drax hires ex-HSBC Sijbrandij
Former co-head of FX and commodities institutional sales joined London-based broker earlier this month
MarkitServ squares up to Traiana over pre-trade hub
Most participants believe the market will centre on one provider for pre-trade credit checking and clearing certainty - but both MarkitServ and Traiana hope to win the race
Further consolidation looms in retail FX
Retail FX continues to grow at a faster pace than the broader market, but brokers face the tough challenge of dealing with strict regulations and remaining competitive in an environment of aggressive consolidation. Miriam Siers reports
US dollar will continue to outperform, says StanChart
A prediction the US dollar would perform well against other major currencies during May lands Standard Chartered at the top of the one-month rankings
Questions remain over finer details of Sef rules
The countdown to compliance with the Sef rules has begun following their entry in the Federal Register, but some platforms still have questions over the proposed model for a Sef
Year-end ‘congestion’ looms for European trade reporting
Buy-side must prepare to meet their FX reporting obligations in Europe, which will be more challenging than in the US, webinar participants warn
NAB's new trading head sets sights on EM FX
David Jones, newly promoted head of FX trading at National Australia Bank, is based in London rather than Sydney, and has a mandate to focus particularly on emerging markets
CLS hits new record as FX volumes spike
Almost three million payment instructions were settled by CLS on Tuesday following a surge in trading volumes towards the end of last week
SurfacExchange chief exits
Evgeni Mitkov, the first chief executive of FX options platform SurfacExchange, has left the firm less than two years after the platform launched
Ex-NAB Pragastis joins property fund
Tom Pragastis joins Australian start-up fund as executive director and chief information officer
Final Sef rules raise more questions
Market surprised by change to swap execution facility rules, after final requirements were approved on May 16
CMC Markets triumphs by backing the greenback
CMC Markets tops this week's three-month currency forecast rankings with expectations of yen and euro weakness
Banks struggling with European reporting rules
Reporting infrastructure built to fulfil Dodd-Frank requirements will need to be revamped to meet Emir standards, say banks
Diversified portfolios exposed to correlation risk, experts warn
Politics is a greater driver of G-4 currencies than traditional economic fundamentals, say panellists at CME event
Traiana announces first futures commission merchant live on CreditLink
Traiana completes production testing with futures commission merchant on pre-trade hub that aims to provide clearing certainty
Market relief as CFTC approves final Sef rules
Request-for-quote rules are watered down and voice broking allowed to continue under final Sef rules from the CFTC
Japan's Mizuho joins CLS Aggregation Services
CLS and Traiana-backed aggregation engine extends global reach with addition of Japanese bank