Foreign exchange
Europe doubles RMB transactions with Greater China in one year
European hubs fuel renminbi usage with 10% share of global payments
Russian banks face struggle to access credit and PB
Sanctions have reduced Russian banks' ability to trade in wholesale markets, but CLS's plans remain on track
Subdued US yields drive Wells Fargo to the top
US Fed's gradual tapering keeps US Treasury yields subdued
Banks set to charge for fix execution
Mid-price execution looks set to become a thing of the past as banks mull over changing benchmark order management
SG closes London G-10 trading, builds agency presence
French bank considers restructuring FX business and moves towards an agency-execution model with fully-owned brokerage Newedge
JCI Capital bucks trend with Ucits fund launch
"We never get too excited, we never get depressed," says Giovanni Pozzi, partner and head of FX at JCI Capital, despite continued negative returns measured by the Parker FX Index in June
Barclays starts charging peers for benchmark orders
Barclays will continue to offer fix-order execution to clients without the added spread
Caplin launches mobile trading application
Caplin Systems says security concerns are abating and banks will look to use mobile apps more in their sales process
CMC Markets wins with on-the-money easing call
Fed's Yellen will find it difficult to rein in expectations of a rate hike when tapering ends
Russian banks face higher borrowing costs
Banks and corporates face higher funding costs and loan rates, but government support lends a lifeline
More gloom ahead for FX dealers in next two years
Consultancy paints a far from rosy picture for the FX market in the years ahead as technology investment takes centre stage
Electronification of Asian FX only just beginning
Jay Hibbin, VP of capital markets services at Colt, says Asia offers opportunities for latency sensitive traders
RBI's Rajan says the euro is too strong - Central Banking
Rajan says the eurozone is suffering from the same problems as EM countries due to spillover effects
Bank of China extends RMB clearing to London hours
BoC's 20.5 hours of service will cover trading hours in Asia, Europe and America
China's FX options reform to improve corporate risk management
Onshore corporates able to conduct a wider range of risk management approaches following relaxation of the rules surrounding option use
What will revive fallow FX?
In more than 40 years since the collapse of the Bretton Woods system, rarely has FX volatility been so low. IG's Patrick Foot examines current conditions
CBA contrarian view tops 12-month rankings
Eurozone’s current account surplus attracts inflows to counterbalance the impact of possible monetary easing
CME Fenics purchase sheds light on broker struggles
Need for a cash injection to ride out current low volatility may lead to further sales, say participants
EM currencies offer hope amid low volatility
FX strategists say emerging market currencies still present opportunities in some regions, despite poor volatility in G-10
Reconciliation requirements threaten delegated reporting
Another regulatory deadline, another set of headaches for banks and buy-side participants
Brics nations launch development bank
Brazil, Russia, India, China and South Africa launch new institution to solve transaction settlement issues
To fund or not to fund?
Low-volatility, low-yielding currencies may favour carry trade, but there are no high-yielding alternatives to buy
CME to expand paired delivery as banks rethink third-party CLS
As banks scale back provision of CLS settlement to exchanges and CCPs
FX ravaged by artificial market conditions
Emerging markets to play bigger role, but conditions will remain hard until central banks put a bottom under markets