Tech and data
R3 concludes membership round, adding 12 more banks
The number of banks participating in the blockchain project rises to 42 since its September launch
MiFid II delay gives market participants more preparation time
They should use the extra time wisely, says expert
Banks move towards active compliance
Banks are taking a less passive approach and striving to spot wrongdoing early on
Dangerfield appointed interim CTO at FXecosystem
Matt Dangerfield brings 19 years of ultra-low latency experience to the connectivity provider
Renminbi payments double between China and Japan
But while the Chinese currency is booming, trading volumes in the wider FX market fell in November
FXecosystem shaves 2 milliseconds off London-New York round-trip
The connectivity provider for the FX industry reduces latency further between the two cities
Culture Wars: how long can David keep saving Goliath?
As the FX market mulls over the implications of FEMR, Ed Eger, chief executive of Oanda, argues why smaller players can no longer be the fall guys for the unethical behaviour of major institutions
Grand redesign
Non-bank market-makers are increasingly being viewed as serious players as they set about building customer franchises amid a wide-scale bank pull-back
IMF approves renminbi's inclusion in SDR basket
The move puts the renminbi on course to achieve reserve currency status
Spreads need to widen to boost liquidity
Panellists at the 14th annual FX Week Europe conference warn of increasingly illiquid markets
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
Best Banks Awards: Citi wins nine awards, including top prize
Citi voted Best Bank Overall and gains eight other accolades
Best Risk Management/Options Pricing Vendor: Fenics
BGC CEO outlines commitment to the recently acquired firm
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider 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
NY bank regulators outline cyber-security plans
High-profile hacking at financial institutions and tough action from lawmakers have provided a boost to a new cyber-security proposal that aims to bolster banks' defences against internet gangsters
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly
Sell side's appetite for intelligence tools increases
As compliance inches to the fore, more large banks are reaching out to providers of cognitive learning tools
Three more join R3 blockchain initiative
The latest additions bring the total number of banks participating in the project, led by financial innovation company R3, to 25
Blockchain platform processes one billion daily transactions
UK start-up Setl hits a milestone as the financial industry seeks to gain from distributed ledger technology
Blockchain partnership attracts another 13 banks
Initiative led by financial innovation company R3 seeks to bring distributed ledger technology to financial markets
EBS BrokerTec draws fire for unbundling and hiking fees
Banks object to the decision by Icap’s EBS BrokerTec electronic FX and fixed-income platform to unbundle its EBS Live data feed and EBS Ticker Service data licence product from October 1, while introducing an inflation-related 3% rise for the latter
Banks unite to explore blockchain
Nine global banks commit to researching shared and distributed ledger technology, led by financial innovation firm R3
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks