Emerging markets
Edgewater hires Wood to lead EM expansion
John Wood has more than 20 years' experience in African currencies and emerging markets
Some EMs back in vogue, say currency managers
Others are trying to figure out a trading policy for these markets
Best Liquidity Aggregation System: TraderTools
The technology provider has carved out a niche for itself among Tier 2 banks
Highly Commended for e-FX Initiative of the Year: R5FX
The electronic venue for emerging markets earns praise for its wide impact
e-FX Achievement of the Year: Jon Vollemaere
From Reuters D22 to R5FX via Currenex, Vollemaere gains recognition for a career in e-commerce
Some asset managers remain overweight in EM currencies
Some buy-side firms expect them to outperform their European counterparts
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
Peso set to underperform for rest of 2016, executives say
A survey organised by Bloomberg finds FX participants downbeat about Mexico's currency
TraderTools launches EM liquidity pool
Network will focus on the rand, Turkish lira, Central European currencies and the Russian ruble, among others
CFETS likely to include won and rand in RMB Index
Following CFETS's approval of direct trading on the interbank FX market, the two currencies could soon be included in the basket directly linked to the renminbi
TJM hires two for sales team
Foreign exchange intermediary firm pulls talent from Jefferies and CIBC as it embarks on FX business diversification
Renminbi is more flexible and market-based, says IMF
Fund praises the progress made by China's authorities in giving markets greater influence over its currency
China gives investment quota to US to boost yuan’s global use
US asset managers awarded $38 billion quota under RQFII programme for the first time
First foreign-issued RMB bond lists on LSE
The RMB 3 billion three-year bond was announced on May 25
Icap clinches $65m CFETS deal
Icap-owned EBS BrokerTec will provide technology for fixed-income and FX electronic execution services in China
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
Saxo boosts China presence with partnership
Danish bank signs tri-party agreement with Wallstreet CN and LeanWork
Quants: carry and value will work for next six months
Less volatile market conditions look favourable for these strategies
Eagle and Holmes launch agency broker Aquila Markets
Firm will focus on providing high-quality coverage and execution services for FX
Renminbi's global share of payments drops
But the Chinese currency is being increasingly adopted to settle transactions with China and Hong Kong
Australian players need to play renminbi long game
Panellists were bullish on China's long-term prospects at FX Week Australia; commodities priced in RMB will be a game-changer for Sydney's status as a trading hub
China may introduce Tobin tax on FX transactions
A levy on currency trading could be put in place to fight speculation
PBoC confirms Russian swap transactions
Central banks of China and Russia disclose "several currency swap trades" since October, but no details