Foreign exchange
RBS wins with restrained view on G10 moves
RBS saw large price swings coming to a halt in G10 currencies
SunGard launches TCA solution for FX
SunGard cites the lack of a reference rate or regulated price venue as the main driver for developing the TCA tool
Westpac opens shop in Shanghai Free-Trade Zone
The Australian bank opens a branch in China's pilot financial area after both countries sign a key trade agreement and Sydney becomes a RMB hub
ACI pushes for adoption of global code of conduct
In response to stern words from regulators stating regulation is only avoidable with industry initiatives
FX liquidity, volatility and the FIFA World Cup 2014
The World Cup was characterised by unusual volatility conditions, differences in the provision of liquidity and extremes in its cost, and even an apparent ignorance of a couple of short squeezes in the making
Icap merges EBS with BrokerTec
Michael Spencer combines Icap's e-platforms for FX and fixed income
TriOptima and DTCC launch trade repository reconciliation service
Service will allow clients to match reported over-the-counter trade details
CME ups bid for GFI as competition for broker heats up
CME has stepped up its interest in GFI Group by increasing its bid for the company, as it hopes to complete a buy-out in 2015
Saxo Bank on top after forecasting yen and euro weakening
The bank forecast the divergence in monetary policy between major central banks raising the US dollar against the euro and the yen
Markets are exaggerating FOMC dovishness, says Goodhart
Charles Goodhart says market participants should fasten their seatbelts and prepare for a bumpy ride as central banks tighten monetary conditions
Benchmark charge does not solve the problem - FX Week Europe
The buy side has questioned the decision by some banks to charge for fix orders, following regulatory fines topping $4 billion
Banks would love to get benchmarking ‘off their plates’ - FX Week Europe
Barclays trader says banks would support a netting utility for fix orders
'Last look' damages profitability, say technology vendors – FX Week Europe
FX Week Europe panellists argue 'last look' is not helping the market to price clients realistically as margins continue to be squeezed
Corporate hedging is all about discipline - FX Week Europe
Pedro Jimenez highlighted the importance of sticking to hedging policies and keeping close to the market
‘Distortion’ of free fix must end – FX Week Europe panellists
Benchmark charging must be introduced to curb manipulation, say FX Week Europe panellists
FCA warns of more fines if culture does not change – FX Week Europe
McDermott delivered a sobering address to FX Week Europe market participants
FX Focus - Doubts over agency desk execution grow
Banks are turning to agency desk execution to cut the cost of trading. Some market participants claim it could be the source of as much as half of all turnover in the FX market within five years. Others are more sceptical, and there are fears that a mass…
FX Focus - Editor's Letter
Volatility comes back to the market but rising costs and regulatory burdens forcing major structural changes
EBS hires G-10 currencies head
Bill Marsden joins EBS from a liquidity sales position at Thomson Reuters
On the knees of your soul? Scrub the floor!
The industry may have received a very public drubbing this year, but customers can still depend on banks for FX
Bloomberg retains dominant market data provider position
The firm plans to roll out solutions to improve the exchange of information between the buy and sell side
Credit Agricole wins with call on reserve diversification
The actions of the world's largest reserve managers diversifying their portfolios from USD supported the single currency
Santander comes top in LatAm currencies for first time
Santander's focus on providing best execution to clients, and a mix of relationship and e-trading capabilities, propels it to the top
Danske Bank triumphs in Scandinavian currencies
Danske Bank attributes its success to a narrow focus on its core business and the launch of single-dealer platform OneTrader