Foreign exchange
FX options clearing gains momentum
Discussions on a clearing mechanism for FX options are finally underway
Industry fears lack of strategic focus on OTC data aggregation
FSB report lays out options for OTC data aggregation before considering strategic objectives
Divergence over definition of FX derivatives emerging in EU
Luxembourg allows grace period for FX reporting at last minute
ParFX adds Citi and JP Morgan as founding members
Two more banks sign up as ParFx founding members
Saxo Bank WLTM next Soros, GSOM an advantage
Saxo Bank ventures into social media trading, with relaunched TradingFloor
CLS set to add Russian ruble in November, source says
Industry settlement utility CLS is poised to add the ruble to its currency universe in November
Bank of England has no evidence it 'condoned' FX market manipulation
UK central bank says it has yet to see evidence of press allegations that it condoned market manipulation
Questions raised over trade reporting at CSFI round table
Concerns over the implementation and utility of trade reporting data dominate industry event
Rabobank wins with 12-month dollar call
Rabobank tops this week's forecasts table with a long-term dollar view
FXall sees record single-day volumes of $197 billion in January
FXall volumes hit single-day record at just below $200 billion
Treasurer Talk: William Mekrut, FM Global
William Mekrut, treasurer at FM Global, discusses ways to avoid rising hedging costs. By Robert Mackenzie Smith
Citi's Prasad resignation unconnected to FX probe, source says
Citi's head of foreign exchange and local markets leaves bank for personal reasons
Barclays appoints interim head of spot FX, cuts three in sales
Cuts hit Barclays' FX sales team, but bank appoints Dan Ryan as interim head of spot
Deutsche Bank traders let go as part of fix probe
FX regulatory probe heats up as four traders lose their jobs at Deutsche Bank
UniCredit wins with long-term view
UniCredit comes on top of this week's forecasts with 12-month view
Disappointing Q4s cited as proof of Ficc regulatory squeeze
The pressure of regulation is making its mark on the profitability of the fixed income, currencies and commodities businesses of large banks, say analysts
Redefining roles within the FX market
Many trading platforms and industry utilities have been driven to redefine their roles within the industry in recent years, and banks will have to follow their lead, writes Joel Clark
Regulators urged to extend benchmark probe to the buy side
Investigations into FX reference rate manipulation should extend to the activities of large buy-side firms as well as FX sales desks, say market participants
Deutsche blazes trail with decentralised front-office staff
A small FX sales team in Birmingham might seem a minor project, but industry veteran Steve Turner gave up his preconceptions about the city last year to run the team, and believes it allows the bank to improve the quality of sales while reducing costs
FX futures set to benefit from regulatory shifts, Greenwich says
Capital requirements, initial margin and mandatory clearing of options and NDFs will boost futures trading
No immediate sanctions for trade reporting failures, says FCA
UK regulator willing to give participants time to get trade reporting right after February 12 deadline
Bonuses will disappoint but job prospects encouraging, recruiters say
Headhunters say banks will look to replenish FX teams but bonuses will likely disappoint this year
FastMatch revamps matching engine to grab market share
Start-up platform has overhauled its matching engine to maximise fill rates and reduce response rates for clients as it seeks to grow volume
Buy side places faith in diverging monetary policy
After a dull end to 2013 that was characterised by excessive consistency among key economies, fund manager Dori Levanoni is eagerly awaiting greater divergence in monetary policy