FX Markets - 3 Sep 2018
Articles in this issue
Singapore aims to become e-FX hub for Asia, says Loh
Speaking at FX Week Asia, MAS’s Jacqueline Loh says Singapore wants more price discovery to take place
Venezuela launches app for FX conversion
App allows members of the public to convert prices into the new bolivar soberano
Focus shifts to plumbing as crypto markets mature
Panellists at the 14th annual FX Week Asia conference say the institutionalisation of crypto markets is gaining momentum
FX boosts UK derivatives values
Bank of England data for second quarter shows 33% rise in FX derivatives values at UK banks
Trade wars to stay for decades, say panellists
The conflict is a struggle for dominance between the US and China, say economists at the 14th annual FX Week Asia event
European corporate FX losses triple
Currency losses at their highest since the first quarter of 2017, reports FiREapps
Magnussen joins Nordea from UBS
New foreign exchange trader at Nordea in Copenhagen
Barnard becomes CLS chief auditor
He joins the settlement firm after a long career in auditing
Esma renews ban on most binary options
European regulator excludes certain types of binary options
Thomson Reuters adds JPY/THB to Matching
Trading the yen and baht directly will increase market liquidity and transparency
Caxton FX to provide open banking payments
Customers will be able to make international payments directly from its platform
OCC will not offer further guidance on ‘fourth-party’ risk
Onus on banks to vet subcontractors during contract negotiations, regulator says
Structural factors to weaken dollar – Scotiabank
Canadian bank says the outlook for the US currency is generally negative