United States (US)
Credit Suisse a named defendant in FX antitrust law suit
Credit Suisse is one of 11 named defendants in a US class-action lawsuit that alleges a breach of antitrust laws, but says it hadn't been part of Weko's preliminary investigation and is astonished to be named as part of probe
EM sell-off will have lasting implications for currencies, says Natixis
Careful analysis of current accounts and export prices indicates Germany and Italy could benefit from the recent depreciation of emerging market currencies, but the US and the UK stand to lose out. By Patrick Artus
FX Solutions exits US retail foreign exchange market; sells clients to Gain Capital
City Index-owned US broker to focus on retail trading in Europe, Middle East and Africa
Exchanges converge on INR/USD futures to boost Indian rupee
This month's launch of Indian rupee futures on CME and Ice has been welcomed by traders as an important step in boosting liquidity in the currency
Saxo Bank on the yen's decline
John Hardy, global head of FX strategy at Saxo Bank shares his views on the G-3 currencies
Saxo Bank on the US elections
As the US presidential elections get underway, John Hardy, chief forex strategist at Saxo Bank discusses the market impact of an Obama or Romney victory
AML under the spotlight at FXDD
Retail broker slammed by industry regulator for compliance failures, signalling continued threat of abuse at retail forex brokers
Wells Fargo beefs up in FX e-commerce
Wells Fargo recently completed the implementation of a new pricing platform developed by Integral. Robert Mackenzie Smith talks to head of FX e-commerce Stephen Godfrey about the bank's e-FX capabilities
Australian regulators clamps down on leveraged forex trading
Australia joins global regulators to roll out rules protecting retail foreign exchange client assets
Spotlight on: Drew Niv, FXCM
FXCM’s co-founder and chief executive talks to Robert Mackenzie Smith about the challenges facing the foreign exchange market in 2012, as well as the company’s new initiatives, including the FastMatch platform and the 50% stake it has acquired in Lucid…
Eurozone tension expected to cross the Atlantic
Attention of FX market participants is beginning to shift to the effects of the US presidential election and the impending "fiscal cliff"
Global inconsistency remains a challenge for would-be Sefs
An ongoing lack of clarity and the potential for extraterritoriality in swap execution facility rules is creating a bumpy ride towards registration, according to three putative Sefs
FXSpotStream’s no-fee business model raises eyebrows
The new multibank aggregation service supported by six top-tier banks will not charge brokerage fees either to banks or clients – a model that has led to questions over longevity
Greece will stay in the eurozone, says Deutsche’s FX strategy head
Alan Ruskin explains why a Greek exit is less likely than some have suggested, with several factors supporting the country’s future in the eurozone
SurfacExchange expands with senior hires
SurfacExchange has recruited three senior business heads as the options platform looks to expand its global client base
Darbari quits senior options role at StanChart
Both Singapore-based Rahul Darbari and New York-based colleague Ragu Santhalingam have left their FX options roles at Standard Chartered
HSBC on top with slow-burn forecast on yen weakness
Strategists at HSBC took the view in early January that the yen would weaken, but less acutely than some anticipated, landing the bank at the top of the three-month forecast rankings
BAML: economic uncertainty favours yen
Bank of America Merrill Lynch tops the one-month forecasts with the view that the yen will remain strong in 2012
AUDIO: QE3, China and trendless markets
Nick Beecroft, senior markets consultant at Saxo Bank in London, says the risks of crisis 2.0 have just gone up.
Anticipation builds for final Treasury decision
US Treasury reviewing comments on its proposed exemption as market participants expect the decision to be confirmed early next month
Audio: To QE or not to QE, is the only question?
Markets could be sleepwalking into global crisis 2.0 as a third round of quantitative easing becomes increasingly likely, cautions Nick Beecroft, senior markets consultant at Saxo Bank in London.
Dollar weakness: Passing fad or long-term reality?
The weakness of the US dollar has been a dominant theme so far in 2011, with many strategists predicting the currency will remain on a weak footing for some time. Miriam Siers speaks to currency strategists about the prospects for the dollar in the…
BarCap loses emerging markets chief in New York
Barclays Capital has lost its emerging markets trading chief in the US, amid speculation of a replacement.
Pinto returns to Goldman Sachs
Goldman Sachs continues to build in electronic commerce sales in New York.