Foreign exchange
Internalisation rates intact despite rising volatility
Extreme price swings could force some dealers to rethink their internalisation ratios, but conditions remain benign for now
Close call on Swissie puts NAB on top
The bank had a V-shaped profile for the US dollar, weakening in the early months of 2014, but ending up strong
Scottish vote triggers short EUR/GBP bets
Strategists expect the pound to gain against the euro, as policy divergence between the UK and the eurozone favours sterling
US court orders Sef-registration rethink
CFTC forced to perform cost-benefit analysis of various Dodd-Frank provisions
Unchanged Fed boosts EM party
Currency analysts question whether the recent strengthening of the US dollar will yield a similar reaction as that seen in 2013
FxPro acquires spot aggregator platform
Quotix buy will boost focus on institutional clients
Return of volatility to bust Aussie's strong run
Expansionary monetary policies in the developed countries have supported Aussie strength, distorting the influence of fundamentals
FX Focus - Editor's Letter
Cash management products promise to save millions for corporates, but costs could rise elsewhere as regulation begins to bite
FX Focus - The magic world of cash management
Several of the largest banks have merged treasury and FX desk services to help clients dispense with costly local currency accounts. Corporate treasurers have often viewed this as some form of alchemy, but the significant savings promised by banks seem…
Azimo launches euro money transfers to Scotland
New service will be in place before independence referendum
CIBC wins by reinforcing bullish USD view
ECB launch of an asset-purchase programme supports the bank's bearish euro view
CLS faces up to Eastern realities
CLS suspends operational trials of the ruble and will delay the currency's adoption from its original November deadline
Corporates waste millions on currency accounts
New product should reduce costly corporate currency accounts
US corporates prepare for Scottish vote
US corporates appear more active than their UK peers in mitigating FX market risk in case of a Yes vote in the September 18 Scottish referendum
Banks struggle to solve FX conduct issues – Wheatley
FCA admits banks are finding it hard to stop bad practices, while UK ministers raise concerns over bank fines
USD/BRL on the move in expectation of government change
Projections still see currency weakening against the dollar as the market keeps one eye on presidential elections next month
RMB cash management in limbo as market awaits PBoC guidelines
Banks eager to offer two-way sweeping accounts throughout China, but rules not in place
Sterling set for instant 5% fall if Scotland votes Yes
Market still sees independence as unlikely, but participants buying sterling protection
Taiwan fixing could fragment offshore renminbi liquidity
Latest CNH fixing will be a boon for Taiwan’s derivatives market, but concerns have emerged over the potential silo-isation of the renminbi market
BBVA wins with upbeat dollar view
Bank forecasts marginal gains for USD, driven by positive US economic data
Regulators missing the elephant in the room
The changes happening in the FX market have woken banks to credit risks they were previously unexposed to
UniCredit hires senior FX options trader
Peter Billington joins UniCredit under Nick Gentle
EUR/USD may hit parity as dollar shows signs of life
Having survived the best part of the year without a particular trend to follow, investment firms are seeing light at the end of the tunnel
CFTC's FXPB reporting rules add to regulatory confusion
CFTC reporting rules, introduced 18 months ago, force FX prime brokers to take evasive action while awaiting clarity