Russia and the Fed set markets ablaze, while SA-CCR shook up FX swaps
Since its 2018 launch, CME says the product has attracted some Tier 2 banks to FX futures
Semi-annual surveys of seven major central banks show FX activity in the US and UK rising by 7%
FX instruments, as a share of all over-the-counter derivatives, rise from 12% in 2013 to 16% this year
Offshore trading is slowly picking up, but remains half as much as pre-Crimea levels
Decline of headline figures in the survey pose questions over how much the market has changed in three years
The BIS's triennial survey of FX markets shows a headline figure of $5.1 trillion, down from $5.4 trillion in 2013
The bank’s 11th triennial survey is under way, with the results due in September
Interdealer volumes slide as small banks and buy-side firms push market growth
Cut-throat competition for volumes brings good news for buy-side firms
A new analysis of the 'anatomy' of the FX market notes the increasing influence of non-dealer financial institutions, following this year's triennial survey
The latest BIS triennial survey shows the UK has strengthened its grip on the FX market, while USD/JPY has seen a strong increase in trading activity
BASEL - The global financial crisis has led to a slowdown in the growth of the foreign exchange markets, with most activity shifting to the investor community from the trade-based flow.
Trading between banks and the non-bank financial institutions surpassed interdealer volumes, reveal preliminary statistics from the Bank for International Settlements' (BIS) triennial foreign exchange survey.
GLOBAL - Global foreign exchange growth increased this year from October 2009, as investor confidence in the FX market has returned following the global financial crisis, despite concerns over the eurozone.
London tops rival cities, retaining its crown as the global hub for spot FX.
A marked feature of the Bank for International Settlements’ (BIS) latest triennial survey of the global FX markets is the massive surge in derivatives turnover.
The main winners in the booming global FX industry are those markets benefiting from control of the lion’s share of forex activity, soaring trade and commodity-related currency business – notably the UK, the US and Australia.