Exchanges
Clearing to become cheaper alternative to PB for most clients
IDX panel says it’s doubtful FX will ever see a clearing mandate
Moscow Exchange expands Asia and Middle East presence with Avelacom
Co-operation with tech firm lets exchange improve PoP in London, reducing latency by five milliseconds
Bitcoin futures volumes wake to new dawn on CME and other exchanges
Institutional players follow retail traders’ lead to hedge risk exposure
Offshore renminbi futures set new record at SGX
Number of USD/CNH contracts traded on May 10 rose sixfold in a week
Crypto to look more like FX market in 2019, says B2C2
Over-the-counter tipped to gain in importance, but faces funding and credit constraints, says cryptocurrency market-maker
Open interest in FX futures grows in Singapore
SGX reports record FX futures volume for the quarter, with USD/CNH and INR/USD driving activity
Singapore Exchange enlists its first Middle Eastern trading member
Abu Dhabi-based Aarna Capital has signed on with Singapore Exchange
FX Link pulls futures-shy banks into the fray, says CME
Since its 2018 launch, CME says the product has attracted some Tier 2 banks to FX futures
PBoC chief pledges to keep opening up China’s financial sector
China will also continue market-based reforms of yuan exchange rates
SGX snaps up 20% stake in BidFX
Exchange invests $25m in TradingScreen spinoff, expects to boost liquidity by adding OTC to FX futures
Seed CX adds new crypto pairs, lands ally in Asia
Institutional clients can now trade BCH/USD and LTC/USD, says Seed CX, which has partnered a Singapore fintech
CBOE pulls plug on bitcoin futures trading
First mainstream exchange to offer bitcoin futures calls halt as it reviews approach to crypto
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
Julius Baer partners crypto firm SEBA
Swiss bank aims to provide clients with access to digital assets
Nomura’s asset manager extends CLSSettlement to Japanese funds
First local asset manager to provide access in sign of success for buy-side adoption push
Zimbabwe sets up interbank FX market with new dollar-pegged currency
Central bank governor pledges stability, but analyst says initiative is “cancerous”
USD/CNH futures trading hits record high in Singapore
Trade dispute-driven volatility sustains momentum as overall FX futures trading peaks
Esma to recognise three UK clearing houses in no-deal Brexit
EU derivatives traders will gain unbroken access to UK CCPs, even with no withdrawal deal
FX Link adds two more currency pairs
CME now offers spot FX basis spreads for eight pairs versus futures
Liquidity the biggest hurdle for traders in 2019 – JP Morgan survey
E-trading poll of 200 institutional traders highlights impact of Mifid II
CME clears FX cash-settled forwards for first time
Service debuts in January with two EUR/USD trades
Traiana offers USD/CNH and USD/HKD clearing via HKEX’s OTC Clear
Deliverable contracts are forwarded to Hong Kong Exchange via Traiana’s clearing hub CCP Connect