FX Markets - 23 Sep 2019
Articles in this issue
BIS: FX volumes rise to $6.6 trillion, London trading soars
While the UK capital reinforces its prominence in FX markets, trading in Asian currencies heats up
Singapore’s e-FX strategy blossoms as Apac competition heats up
Euronext FX launches matching and pricing engine today, while JP Morgan is latest to announce plans in the city-state
BoE paper examines exchange rate return distribution tails
Authors look to understand exchange rate risk in global cycle
BoE’s Hauser urges firms to adapt to FX market fragmentation
Less sophisticated firms are paying much higher spreads, executive director says
Fed provides update on future RTGS system
FedNow cross-border payments could be considered in future, US central bank says
Dominican Republic sells dollars to support peso
Dominican currency has been one of the stronger performers in the region
Stablecoins raise ‘sovereignty challenge’, says de Galhau
French governor says rise of the cryptocurrencies highlights need for pan-European action on payments
ECB’s Cœuré weighs stablecoin risks
Executive board member calls for improved global payment systems while preserving global policy priorities
Regulators meet in Basel to grill stablecoin backers
Conference convened by G7 stablecoin group includes Libra Association, Fnality and JP Morgan
Best FX analytics award – Bloomberg
Satisfying diverse market needs in Asia has proven a challenge, as firms demand efficient workflows and greater access to international markets. Bloomberg explores how its analytics offerings can meet the needs of clients, increase transparency in the…
Ziccarelli switches from CLS to Symbiont
He joins the tech provider to help financial institutions adopt blockchain
Ridewood joins Adrian Lee & Partners
Atreaus Capital founding partner joins currency manager after closure of hedge fund
Mellor swaps Nex for Refinitiv
Nex Group’s former chief marketing officer joined the firm earlier this month
Industry veteran Shuster leaves Credit Agricole after 17 years
Exit follows departure of former head of options Andy Soper in July
Warner moves to INTL FCStone in FX trading
After almost 24 years at Citigroup, Toby Warner switched firms in July
Citi reshuffles FX management
Move intends to foster greater alignment of trading across the bank’s major product lines
FX house of the year – Malaysia
Thomas Tan, CIMB’s Kuala Lumpur-based global head of treasury sales and FX, explains how the bank has responded to the call for improved efficiency and more accessible FX liquidity via such platforms as Clicks and BizChannel, and a night desk serving…
Informa: renminbi range trading likely the norm throughout 2019
Further escalation of trade tensions could send China’s currency to 7.25 in near term
