News
IMF approves renminbi's inclusion in SDR basket
The move puts the renminbi on course to achieve reserve currency status
SEB shuts down technical analysis desk
Two people have been made redundant, following the Swedish bank's decision to discontinue the production of technical analysis
Evolution of FXPB landscape isn't over yet
Cost of capital and risk control will shape the conversation in 2016
Transparency needs to be balanced by choice
The drive for greater transparency should focus on behaviour and risk management
Spreads need to widen to boost liquidity
Panellists at the 14th annual FX Week Europe conference warn of increasingly illiquid markets
CLS discusses renminbi inclusion with PBoC
The talks, which have been going on for several years, are still in the exploratory phase
EM currencies set for brighter year in 2016
As uncertainty over the timing of the Federal Reserve's rate hike is likely to fade, emerging markets currencies are set for a stronger year
Adopt code or face regulation, warn central bankers
Market participants should embrace the new principles on conduct, say the ECB's Schiavi and Debelle of the RBA and BIS at the 14th annual FX Week Europe conference
Banks eye Traiana for EM FX netting service
Industry turns to the Icap-owned utility as CLS's emerging markets push stalls
China lets central banks use Isda agreements for FX derivatives
China allows derivatives trading based on international standard agreements for the first time; applies only to sovereign investors and FX derivatives
Former Hotspot manager Duke joins BCS Global Markets' UK board
Bradley Duke joins the board as a non-executive director
R3 adds five more banks to blockchain project
The number of participating banks rises to 30 since its September launch and R3 names the first team members
SocGen's Fetta joins Santander as global FX head
Based in London, Gian Luca Fetta will work towards delivering a global strategy that captures the entire FX flows within Santander
Integral appoints three in senior roles
With clients expanding their FX businesses, Integral boosts its teams to meet their needs
Digital Vega reports biggest trading day as volumes surge
Medusa, Digital Vega's multi-dealer options platform, posts 59% growth in volumes for October
Citi crowned top bank for FX for third year running
Deutsche Bank and Barclays finish in second and third place, respectively, picking up major titles along the way
Cartledge "very much at his desk" at EBS, sources say
Rumours of Cartledge's departure prove false, source say
XTX Markets provides liquidity on TraderTools
The move comes within weeks of the firm going live on 360T
Former Citi trader wins unfair dismissal case
Perry Stimpson, dismissed in 2014 for serious breach of contract, has won his case against Citi
Regulators fine Barclays $150m over last look
Barclays has been ordered to remove an unnamed global head of electronic trading for FX
Lagarde supports RMB inclusion in SDR basket
IMF managing director endorses the renminbi's inclusion in the special drawing rights basket after a staff report deems it 'freely usable'; executive board decision expected on November 30
GreySpark Partners opens New York office
Following openings in Edinburgh, Sidney and Hong Kong, the financial consultancy expands to the US
EM platform R5FX goes live with Indian rupee
The rupee becomes the fourth emerging market currency to launch on the trading platform
CLS starts settling Hungarian forint payments
After two years of preparation and testing, the forint joins the CLS universe