Trading
Parikh hands in resignation at Goldman Sachs
The migration of senior FX traders from banks to the buy side continues, with Parikh exploring options at a hedge fund
New FXCM pricing model to publish ‘raw’ FX spreads
Spreads and commission costs to be separated for clients as FCA reviews brokerage pricing
FCA to defy Europe on forex forwards reporting
UK regulator will not require forex forwards to be reported – contravening European policy – until Mifid II forces it to change
DealHub launches RefleX
Technology firm's new product features an innovative price and execution engine
Internalisation rates intact despite rising volatility
Extreme price swings could force some dealers to rethink their internalisation ratios, but conditions remain benign for now
Close call on Swissie puts NAB on top
The bank had a V-shaped profile for the US dollar, weakening in the early months of 2014, but ending up strong
Scottish vote triggers short EUR/GBP bets
Strategists expect the pound to gain against the euro, as policy divergence between the UK and the eurozone favours sterling
US court orders Sef-registration rethink
CFTC forced to perform cost-benefit analysis of various Dodd-Frank provisions
C-View launches systematic FX program
Twenty-eight year trading veteran teams up with C-View to launch FX fund
Unchanged Fed boosts EM party
Currency analysts question whether the recent strengthening of the US dollar will yield a similar reaction as that seen in 2013
FxPro acquires spot aggregator platform
Quotix buy will boost focus on institutional clients
Return of volatility to bust Aussie's strong run
Expansionary monetary policies in the developed countries have supported Aussie strength, distorting the influence of fundamentals
ITG launches new FX benchmark
Research and execution broker aims new reference price at portfolio managers and traders as the race to find alternative benchmarks heats up
SNB stands pat on EUR/CHF floor, despite market jitters
Swiss central bank ready to buy FX in unlimited quantities to preserve 1.20 currency floor
FX Focus - Editor's Letter
Cash management products promise to save millions for corporates, but costs could rise elsewhere as regulation begins to bite
Commerzbank discusses regulation and co-operation in FX market
Commerzbank’s Eugene Stanfield, head of derivatives execution and clearing services, Rob Scott, head of custody and collateral solutions, and Nick Downes, head of e-FX sales, discuss the recently established Market Services business line, which will help…
FX Focus - The magic world of cash management
Several of the largest banks have merged treasury and FX desk services to help clients dispense with costly local currency accounts. Corporate treasurers have often viewed this as some form of alchemy, but the significant savings promised by banks seem…
Azimo launches euro money transfers to Scotland
New service will be in place before independence referendum
CIBC wins by reinforcing bullish USD view
ECB launch of an asset-purchase programme supports the bank's bearish euro view
Democratisation of risk masks volume discrepancy
The fundamental rearrangement of roles in FX markets is driving underlying volume growth and market structure changes
London set to become dominant RMB hub
Three cities will beat off competition from other financial centres
No end in sight for Sef confirmation struggles
Nearly 12 months after the last Sef was issued, the CFTC finally offers clarification, which splits opinion
CLS faces up to Eastern realities
CLS suspends operational trials of the ruble and will delay the currency's adoption from its original November deadline
Corporates waste millions on currency accounts
New product should reduce costly corporate currency accounts