Trading
Thomson Reuters publishes Matching rule book
Follows draft published in March, ending a year-long consultation with clients
Informa Global Markets wins with cautious view overall
Lack of volatility keeps the market subdued in expectation of US Fed signalling tightening
Access to collateral may prove problematic
Academic study warns of ‘immoblised’ inventories
Worries rise over senior exits
Subdued FX markets are a result of senior traders exiting banks and a tighter risk appetite being adopted by remaining participants
Corporates get ready to hedge renminbi risk
Uptick in renminbi volatility brings more corporates to hedging market
Corporates revise hedging strategies, survey reveals
Wells Fargo's biennial survey marks an ongoing trend among corporates to hedge significant portions of their balance sheet
CCIL-cleared forex forwards volumes double after mandate
European banks begin clearing in India, despite lack of an EU equivalency ruling
Central bank reserve managers downbeat on euro
Managers down on euro, but see improving prospects for USD, GBP and Commonwealth currencies
Westpac wins with cautious greenback view
The bank sees limited scope for US yields to rise, given the Fed's dovish forward guidance
Barclays cuts FX sales staff in New York
Banking giant streamlines FX sales
GBP/RMB launch a boon to London
PBoC approves HSBC and Standard Chartered as market-makers in GBP/RMB
NDF clearing set for more delays
'Imminent' NDF clearing proposals look less likely this quarter, as CFTC says a draft has not been formally submitted
Industry relieved over CLS Supreme Court win
Market disruption averted as unanimous decision goes in CLS's favour
FX needs mid-rate to solve benchmark issue
Comments come after ECB highlights shortfalls of available reference rates
Sef volumes up slightly in May
Overall liquidity picture still fragile
FX manipulation not a "methodology" issue, says ECB
FX committees of major central banks in discussion about stronger co-ordination
HSBC gains permission to trade GBP/RMB in China
China's central bank says the move will make trade cheaper with the UK
Regulators to take steps on trade surveillance
Surveillance should go hand-in-hand with new benchmark regulations, says Markit’s Hesketh
Russian central bank eases ruble restrictions
The central bank is working towards a free-floating ruble exchange rate by 2015 and lifts restrictions as political tensions ease
MAS to offer overnight renminbi liquidity
Monetary Authority of Singapore says it will launch an overnight liquidity facility for the Chinese currency in July – latest step in growth of offshore market
TMS Brokers wins with spot-on euro forecast
TMS Brokers has a bullish outlook for the dollar against other major currencies on the back of US recovery
UK rate hike may come sooner than expected, says Carney
Incremental interest rate rise needed to match UK economic growth
Trend-following strategies will bounce back – academics
Returns drop in post-crisis situations, but positive overall
