Foreign exchange
Tech and infrastructure demands of reporting data put pressure on banks and regulators
The terabytes of data regulators receive every day is challenging for both banks and supervisors
ACI boosts global reach with North American division – ACI America
New body will represent financial markets industry in North America
Corporates resist lure of central limit order books
Pricing and flexbility still have some way to go to drag corporates away from RFQ model
NDF trading mandates must be harmonised, industry warns
The CFTC-hosted roundtable discussion on NDF clearing raised the main issues currently facing industry participants
SEB wins long-term forecast with precise USD call
SEB correctly anticipated a widening divergence between the US Fed and the ECB
Currency funds continue growth trend
Parker FX Index grows for second month in a row thanks to volatility uptick
Corporates ‘complacent’ over FX hedging costs
Treasurers wrong to believe tight prices will last indefinitely, says senior treasurer at a global technology company
UK set to issue RMB-denominated sovereign bond
Bank of China, HSBC and Standard Chartered appointed to help in the issuance of the bond, which will help finance the UK's reserves
Agency desks take on risk to raise revenues
Decreasing volumes and volatility this year have helped the trend
London Capital Group recalibrates its ambitions
UK-based retail outlet to broaden horizons with expanded agency brokerage and key hires from the institutional market
ADS Securities launches in London
The Abu Dhabi-headquartered company opens in London and entrusts James Watson to lead its expansionary efforts in Europe
Saxo Bank wins with bullish dollar view
Dollar rally should continue as the Fed tapers its stimulus programme in contrast to the stance of the ECB and Bank of Japan
Sefs record FX volume uptick as buy side signs on
Sefs top $200 billion of FX volume in one week to mark one-year anniversary
BlackRock's Novick slams banks' 'reprehensible' behaviour
Banking ethics and the enormity of regulatory fines are discussed by Sibos panel
Deutsche Bank executes first direct EUR/CNY trade
The move will help the formation of a direct exchange rate between the two currencies
BuysideFX shuts up shop
Buy-side focused vendor closes following client withdrawal
FSB releases final benchmark report
FSB supports wider fixing window, the separation of benchmark orders and industry-led netting solutions
Nomura wins with bearish yen view
The bank anticipated Japan's decisions would weigh on the yen, on top of the widening divergence of its monetary policy with the US
FCA investigation becomes systems and controls case
Banks and the FCA have reportedly entered into talks to settle allegations of benchmark manipulation, with the focus turning to systems and controls as regulators struggle to link senior management to complaints
FSB to recommend fix order separation
The recommendations, set to be published within days, will include widening the fixing window and code-of-conduct changes
Global renminbi payments triple in value
One-third of the world's financial institutions use the renminbi for payments to China and Hong Kong, making it the seventh-ranked global payments currency
Hotspot taps into FX dark pool demand
Hotspot has thrown its hat into the ring to compete for FX spot dark pool business amongst the likes of BGC Partners and FXall
FSB to publish FX benchmark reforms within days
The first look at how regulators want the 4pm fix to be managed is set to be revealed by the end of the month by the FSB
O’Malia urges CFTC to rethink Sef registration rules
CFTC’s approach has caused ‘mistrust’, says ex-commissioner