Swaps
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
Refinitiv to keep Klibor contract with Bank Negara Malaysia
The firm will continue to administer the country’s interest rate benchmark
Yuan shines as UK FX turnover slips
Average daily London trading was lower in October, as were the tallies in New York and Singapore
Traiana offers USD/CNH and USD/HKD clearing via HKEX’s OTC Clear
Deliverable contracts are forwarded to Hong Kong Exchange via Traiana’s clearing hub CCP Connect
FX swaps to avoid year-end basis blowout, banks say
Earlier rollovers likely to ensure no repeat of previous cross-currency volatility
Best Banks Awards: ANZ
ANZ has been voted the winner of the Best Bank for Australian Dollar category at the 2018 FX Week Best Banks Awards
Deutsche Börse boosts FX data offering
The new streaming service will cover FX spot and swaps
FX turnover hits new record high in UK
All global currency trading centres register growth in April, compared with previous semi-annual survey
Dealers slam ‘nonsensical’ treatment of FX derivatives
Proposal on US swap dealer threshold rekindles debate on definition of NDFs and window forwards
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
CLS profits down in 2017 as firm invests
Settled volumes continue to grow year-on-year and underlying profits are in line with expectations, Puth says
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
360T hires three for senior FX roles
Randy Rupan, Robin Nicholas and Paul Lonsdale join the trading venue
triReduce enhances compression
The firms says the new Trade Revision functionality can improve compression efficiency by up to 50%
FRTB threatens dynamic FX hedging of capital ratios
Industry says recent Basel proposals are unclear and retain burden of pre-approval for hedges
CLS volumes dip in March, but it’s a record Q1
The settlement utility records average daily volumes of $1.87 trillion for Q1 2018
Cboe Sef adds more currency pairs
The platform offers NDF trading in USD/RUB and USD/PEN
FXSpotStream adds State Street as LP
Execution venue records highest-ever average daily volumes in January
RJ O’Brien closes FX business, effective immediately
The firm no longer finds the space strategically attractive
New records for LCH volumes in 2017
Strong growth driven by roll-out of new products, regulatory change and onboarding of new customers globally
BNY Mellon zeroes in on FX
Newly hired James Taylor discusses the business transformation taking place in foreign exchange at the bank
Regulations often neglect FXPB, panellists say
Post-crisis regulatory efforts tend to focus on core market-making, leaving credit intermediators in a confusing limbo
BTIG hires Hobert as managing director of FX team
David Hobert is tasked with developing new business as the firm looks to expand its currency footprint
MarkitServ rolls out workflow automation for cross-currency swaps
Enhanced service launched in conjunction with CLS and LCH