Non-deliverable forward
Yuan shines as UK FX turnover slips
Average daily London trading was lower in October, as were the tallies in New York and Singapore
Best Banks Awards: LCH
LCH takes the Best FX Clearing House crown at the 2018 FX Week Best Banks Awards
Best Banks Awards: Standard Bank
Standard Bank has been voted the winner of the Best Bank for South African Rand and Best Bank for African Currencies excluding ZAR at the 2018 FX Week Best Banks Awards
LCH to clear over-the-counter FX NDFs in Japan
Until now, Japanese-based entities relied on overseas subsidiaries to clear FX trades
MarkitServ launches cloud-based post-trade processing platform
The firm looks to migrate FX options and spot to TradeServ in 2019
Flow Traders to open London office
Amsterdam-based liquidity provider says new premises are part of Emea expansion strategy
Marex Spectron re-enters FX with new platform
After a four-year hiatus, the broker rolls out offering geared at smaller players that large banks find relatively unattractive
BNY Mellon hires Lee as FX trader
Jonathan Lee moves to the bank from Standard Chartered
Deutsche Börse boosts FX data offering
The new streaming service will cover FX spot and swaps
Edgewater launches Latam FX venue
LatamFX.Pro will aid price discovery in the Mexican, Chilean, Colombian and Argentine peso, the Brazilian real and Peruvian sol
FX turnover hits new record high in UK
All global currency trading centres register growth in April, compared with previous semi-annual survey
Gill joins IS Prime in institutional sales
Terry Gill joins the prime-of-prime firm in a newly created role
NYDFS fines Deutsche Bank $205m for FX
Fines relate to practices between 2007 and 2013, when Deutsche was the world’s largest dealer by market share
Flow Traders goes live to make FX splash
With 700-plus approved counterparties and significant in-house flows from its ETP business, Flow Traders prepares to realise its FX ambitions
NDF nightmare: banks seek fix for benchmark ‘mess’
European firms face being barred from using three Asian fixings from 2020, raising concerns about legacy trades
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
OTC derivatives values fall to 10-year low – BIS
The most recent slump continues the retreat from gains witnessed in the first half of 2016
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
FastMatch to add cryptocurrencies to FX Tape
The venue plans to support trading of the asset class later this year
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
FX volumes rebound in London and New York
Semi-annual surveys of seven major central banks show FX activity in the US and UK rising by 7%
FastMatch launches two new order types
The venue also makes changes to its system to improve market data rates
RJ O’Brien closes FX business, effective immediately
The firm no longer finds the space strategically attractive
Best execution tops list of daily challenges – JP Morgan survey
The bank questioned more than 400 institutional investors about e-trading trends for 2018 in fixed-income and commodities markets