Trading
FX Invest: EIB signs Citi for collateral management
Citi gains key client for third-party collateral management service
FX Invest: Deeper markets, broader opportunities
The foreign exchange industry could be set for a shake-up. But with all things new come great opportunities.
FX Invest: US margin proposals could lock down $2 trillion in assets
Requirement for banks to post initial margin when trading with each other will result in huge amounts of liquid assets being locked down, according to analysis by one US prudential regulator
FX Invest: Macroeconomic uncertainty boosts demand for gold and oil exposure
Continued uncertainty about inflation and deepening concerns over sovereign default risks in Europe are making the commodities increasingly attractive as hedging tools
FX Invest: Implications for collateralisation under new CCP model
Saima Farooqi looks at the wave of upcoming regulations relating to central counterparty clearing, and what it means for collateral management
FX Invest: Overlay Asset Management sticks with emerging markets
Overlay Asset Management’s Helie D’Hautefort talks to FX Invest about his firm's emerging markets strategies
Further liquidity fragmentation in FX predicted
Market-damaging behaviour should be controlled, but separation or elimination of high-frequency trading would be damaging to the market’s equilibrium, ClientKnowledge argues in research published today
Deconstructing Emir
The European Parliament is putting the finishing touches to its version of the European market infrastructure regulation, but a loophole in the rules could allow derivatives users to escape the clearing requirement, warns MEP Kay Swinburne. Matt Cameron…
Thomson Reuters reveals new timeline for Sef compliance
Vendor's conversational dealing platform will be Sef-compliant and subject to a new global rulebook by mid-2012, Thomson Reuters announces today
Trade associations lobby for clarity on extraterritoriality
Eight trade associations lobby Geithner and Barnier to address extraterritorial concerns
FXCM and SuperDerivatives to launch options platform within days
Deal-X platform will launch with three liquidity providers on July 14, to be followed soon after by SurfacExchange's Surface Wave venture
Spotlight on: Lars Seier Christensen, Saxo Bank
Saxo’s co-founder and chief executive talks to Joel Clark about the Danish bank’s growth over the past 19 years, the challenges of retail foreign exchange and the importance of strong technology
Aussie dollar: up or down?
The Australian dollar has been on an upward curve ever since the financial crisis, but there is little consensus about where the currency is likely to go next. Miriam Siers talks to currency strategists about the main factors likely to influence the…
Deutsche Börse targets FX options after taking stake in Digital Vega
German exchange’s acquisition of a minority stake, announced on July 5, gives it a new-found foothold in foreign exchange options, according to Deutsche Börse official
Anglo Irish winds down FX desk
Anglo Irish Bank’s foreign exchange desk in London has shrunk to three people and is expected to shut down as part of ongoing restructuring
SG CIB anticipated euro recovery
The prediction that a political solution to the Greek crisis would strengthen the euro lands French bank at the top of one-month rankings
European Parliament rejects Swinburne’s forex exemption
Crucial plenary vote on Emir on July 5 retains suggested amendments to recognise unique nature of FX derivatives, but stripped out explicit calls for an exemption
Nigel Khakoo to leave Citi
US bank's global head of G-10 options trading has been made redundant
More upside in the Aussie dollar
Paul Bednarczyk, head of currency strategy at 4Cast in London, looks at the steady rise of the Australian dollar since 2008 and explains why it might yet appreciate further
Decimalisation piles pressure on market-makers
Dan O'Sullivan, SG CIB's co-head of global FX trading, shares concerns about the narrowing of bid-ask spreads as a result of decimalised pricing, which is hitting the bottom line
JP Morgan’s Choussy prepares bank for FX clearing
Newly appointed global head of FX clearing explains how he is preparing for the advent of mandatory central clearing requirements for some FX contracts
White labelling preferable in retail FX, says Aite Group
White-label solutions will reduce tech spend for new entrants, says senior analyst Javier Paz
Spotlight on: Dan O’Sullivan, Société Générale
The French bank’s co-head of global FX trading talks to Farah Khalique about the impact of recent eurodollar volatility on banks and investors, and the practical challenges of implementing new regulatory requirements
Hong Kong fixing sets benchmark for CNH spot
Hong Kong interbank participants have created the first US dollar/offshore renminbi price fixing, giving the city first-mover advantage in renminbi products such as derivatives