Non-deliverable forward
Best Bank Awards: CME
CME is voted Best FX clearing house at the 2019 FX Week Best Bank Awards
R5FX: rupee NDF volumes will grow after CNH-type setup
Offshore rupee trading will increase despite RBI’s move to encourage onshore trading, it is claimed
FXall bolsters frontier liquidity with new partnership
The alliance will extend liquidity to several currencies in Africa and Asia
JP Morgan traded $250 billion via NDF algos this year
A fifth of all the NDF algo volumes conducted by JP Morgan’s clients is being internalised
Citi reshuffles FX management
Move intends to foster greater alignment of trading across the bank’s major product lines
BIS: FX volumes rise to $6.6 trillion, London trading soars
While the UK capital reinforces its prominence in FX markets, trading in Asian currencies heats up
LCH and StanChart tout rival routes to cheaper margin
Panellists at FX Week Asia conference say participants should start thinking about margin optimisation sooner rather than later
MUFG eyes financial institutions, pension funds in expansion
Japanese bank wants to build a broader client base beyond corporates
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
BNPP launches hybrid NDF algos as electronic trading matures
Launch of BNP Paribas’s algos follows fast-growing demand for NDFs
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
Most innovative bank e-FX trading platform/Bank algo trading tech provider of the year: BNP Paribas
BNP Paribas voted Most innovative bank e-FX trading platform/Bank algorithmic trading technology provider
Best clearing services provider of the year: LCH ForexClear
LCH ForexClear voted Best clearing services provider
Best FX connectivity provider of the year: MarketFactory
MarketFactory voted Best FX connectivity provider
360TGTX to unveil new NDF streaming to aid bank algos
Complementary offering set to go live next quarter
Tradepoint sell-side technology streams far-date NDFs
Trading tech provider engages with a dozen banks on far-date and broken tenors
Industry pushes back on Citi’s FXPB cost claims
Rivals question apex brokerage’s calls for executing brokers to make up mispricing shortfalls caused by incoming rules
LCH plans major FX clearing expansion
CCP to tackle cash-settled options, deliverable swaps and standalone service for deliverable forwards
Deutsche Börse in talks to buy Refinitiv FX units
Negotiations confirmed, but not whether FXall is on the sale block
ParFX takes first step for moving into NDFs
Trading platform has snapped up an MIC code as it explores building a platform for the growing FX segment
LCH brings automation to ForexClear
Firm collaborates with Genesis to automate exercise and options expiry
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