Trading
Russian ruble pricing changes provoke FX market debate
Debate over price granularity in the ruble heats up as platforms consider changes
Citi's Prasad resignation unconnected to FX probe, source says
Citi's head of foreign exchange and local markets leaves bank for personal reasons
Argentine peso stabilises after turbulent few weeks
Central bank introduces new capital controls policy as foreign currency reserves dwindle
Icap revenues down 5% in four months
‘Challenging market conditions’ outweigh robust EM FX trading volumes
Barclays appoints interim head of spot FX, cuts three in sales
Cuts hit Barclays' FX sales team, but bank appoints Dan Ryan as interim head of spot
Deutsche Bank traders let go as part of fix probe
FX regulatory probe heats up as four traders lose their jobs at Deutsche Bank
UniCredit wins with long-term view
UniCredit comes on top of this week's forecasts with 12-month view
EM currencies set for extended rout, say analysts
Current account deficits set to keep EM currencies under pressure
Banks reconsider prime brokerage models
Small and medium-sized clients find it harder to access interbank markets
Disappointing Q4s cited as proof of Ficc regulatory squeeze
The pressure of regulation is making its mark on the profitability of the fixed income, currencies and commodities businesses of large banks, say analysts
FX traders break up USD/EM basket for first time in five years
The market has seen a shift in emerging markets trading as FX traders focus on currency differentials
FX volume resumes steady rise after yen-driven spike, surveys reveal
Turnover in the US and the UK declined between October and April, with a sharp fall in spot, but volume remains up year-on-year
Banks to shun FX platforms over transparency
Banks increase scrutiny of aggregation practices over transparency concerns
Redefining roles within the FX market
Many trading platforms and industry utilities have been driven to redefine their roles within the industry in recent years, and banks will have to follow their lead, writes Joel Clark
Lack of hedging options for RQFII ETF market-makers
Difficulty in accessing onshore market means liquidity providers are having trouble hedging China A-share exposure
Currency fund performance still stuck in ‘perfect storm’
Currency funds continue to under perform other asset classes, but investment managers see improvements in 2014
Regulators urged to extend benchmark probe to the buy side
Investigations into FX reference rate manipulation should extend to the activities of large buy-side firms as well as FX sales desks, say market participants
Savage launches multi-strategy hedge fund
Former FX Concepts executives Robert Savage and Ron DiRusso launch Citic Capital Holdings
Volume data creates distorted view of liquidity
As the six main FX committees prepare to release the results of the latest semi-annual FX turnover surveys this week, Joel Clark looks at volume trends in the industry over the past three years
OTF transparency waivers survive final Mifid debate
European disclosure regime for derivatives platforms diverges from that in US
FX Focus trade repository Q&A
Alongside derivatives counterparties and regulators, trade repositories form the final part of a triumvirate that must work together if the European Market Infrastructure Regulation’s trade reporting regime is to begin smoothly on February 12. Leading…
Esma foresees a rush to report
Implementing the European Union’s trade reporting rules will be no mean feat for the European Securities and Markets Authority (Esma), with many in the industry way behind on their preparations to meet the February 12 deadline. Michael Watt talks to Esma…
February 12 trade reporting deadline – Failure warning
With the European Union’s February 12 trade reporting deadline fast approaching, few give the market any chance of being fully ready. Participants point to the significant challenge posed by complex reporting rules, and the shortened timeline to…
FX Focus - Editor's Letter
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