Trading
Regulators fine Barclays $150m over last look
Barclays has been ordered to remove an unnamed global head of electronic trading for FX
Saxo scores with four on-target calls
"I'm very convinced the Fed will move in December," says the Danish bank's head FX strategist
Worries mount over year-end liquidity conditions
With only six trading days between the Fed's last rate meeting and the holiday period, market participants are being warned to prepare for a rocky year end
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly
All-to-all FX to become commonplace by 2017
The divide between historic tiers of liquidity is rapidly disappearing, shows research from financial consultancy GreySpark
Scope of FX suit against banks widens
Co-operation from banks that chose to settle is helping investors
Colt launches PrizmNet in the US
The network provider has now set its sights on cities in Canada, with the aim of accelerating market connectivity
Buy side demands new relationship with sales
Firms want more market colour and a change in the role of salespeople
Balance liquidity providers' needs with transparency, says report
LMAX Exchange says over-the-counter will remain the primary trading model in FX, but it needs to adapt to fend off competition from exchanges
Financial Ombudsman rules against CMC Markets
The initial opinion by the FOS follows a complaint over a client's losses – CMC Markets has 14 days to respond
CME and CCB sign memorandum of understanding
The two companies will offer offshore renminbi future contracts with physical delivery in London
Market abuse law could be extended to cover FX in South Africa
Its review of FX practices finds no evidence of manipulation though
PBoC to launch RMB/CHF trading ‘very soon'
Shanghai-based head of renminbi trading at major western bank says reported move is primarily ‘symbolic' and is likely to feature other currencies as well
Deutsche Börse completes 360T acquisition
Key features of the deal include a new ECN-type trading venue for FX spot with derivatives instruments a possibility
Spotex integrates Azul's Zing in its ECN
Zing helps to boost Spotex's performance by eliminating the shortcomings in Java-based trading applications
Barclays discloses last look guidelines
Following the US Justice Department interest into the practice, the UK bank explains how and when it uses it
FastMatch completes first disclosed trade on its platform
Market makers using the venue for disclosed trading can customise FX solutions for customer's needs
Central bank view gives Informa top spot
The firm rightly foresaw a stronger dollar and a weaker yen
IG Group to pay £1 million over Swiss franc losses
UK spread-betting firm will compensate clients after Ombudsman ruling
Scotiabank makes on-target call on greenback's strength
Diverging monetary policies and gauging the willingness of central bankers to act relative to their counterparts helped Scotiabank to nail down the appreciation of the dollar against some of its peers
Orca SMT unveils FX product to help salespeople
Orca SMT has launched a new FX trade execution interface that aims to provide a tool for salespeople to better price their clients at the point of trade
Northern Trust targets investment managers with CompleteFX platform
Geared at investment managers, CompleteFX allows for the outsourcing of FX processing and execution
Monex Europe wins with dollar call
A fundamental case exists for dollar strengthening, but downside risk is building over the short term for the greenback