Trading

• Trading

PBoC extends market closure as coronavirus spreads rapidly

Chinese central bank extends interbank markets closure and vows to maintain ample liquidity

• 29 Jan 2020

• Trading

Refinitiv pledges FX brokerage to Australian bushfire relief

The area already burned is triple the size of the land destroyed by the 2018 California fires

• 27 Jan 2020

• Foreign Exchange

FX Week January 27 2020 digital download (exclusive to FX Week Corporate subscribers)

• 27 Jan 2020

• Trading

Morgan Stanley more than doubles Q4 Ficc revenues

All US banks see Ficc revenues improve substantially in Q4 versus a year ago

• 24 Jan 2020

• Trading

StanChart’s e-FX trading engine goes live in Singapore 

Trade latency has been cut by more than 80%, Standard Chartered says

• 23 Jan 2020

• Tech and data

Colombia culls external reserve manager to boost competition

From 2016–18, the central bank reduced the number of institutions from seven to six

• 22 Jan 2020

• Foreign Exchange

FX Week January 20 2020 digital download (exclusive to FX Week Corporate subscribers)

• 20 Jan 2020

• Infrastructure

Cboe plans comeback in crypto markets

US exchange plans to offer crypto derivatives after previous attempts at regulatory approval to list crypto ETFs thwarted

• 16 Jan 2020

• Foreign Exchange

Iceland boosts reserves despite volatility in 2019

Central bank carried out FX interventions to offset “abrupt weakening” of krona

• 15 Jan 2020

• Foreign Exchange

Chile unexpectedly halts FX interventions

In December, interventions helped peso appreciate, but it has resumed downward trend

• 13 Jan 2020

• Trading

Accessing liquidity in emerging market currencies

HSBC explains the importance to global investors of accessing local expertise to mitigate FX market risk and execution costs.

• 13 Jan 2020

• Risk Management

Rival FX class action suit complicates cartel rigging claims

Only one can prevail, says judge of O’Higgins and Evans suits

• 10 Jan 2020

• Foreign Exchange

PBoC signs Laos currency settlement agreement

Deal comes as Chinese authorities push for greater global use of renminbi

• 09 Jan 2020

• Foreign Exchange

Bank of Thailand grapples with baht appreciation

Central bank relaxes FX regulations and cuts rates as baht hits six-year high

• 08 Jan 2020

• Foreign Exchange

Exchange rate pass-through patterns are changing – RBI paper

Pass-through in emerging markets is non-linear, asymmetric and falling, the authors find

• 06 Jan 2020

• Trading

BNP Paribas to launch e-FX pricing engine in Singapore 

BNPP is latest bank to set up Singapore pricing engine; readies Cortex Live launch with AI and data tools

• 06 Jan 2020

• Foreign Exchange

FX Week January 6 2020 digital download (exclusive to FX Week Corporate subscribers)

• 06 Jan 2020

• Foreign Exchange

West Africa launches new currency in break with France

New ‘eco’ currency pegged to euro, but France will have less involvement in West African Economic and Monetary Union

• 03 Jan 2020

• Foreign Exchange

First Ibor versus SOFR cross-currency swaps trades

Westpac and Citi strike BBSW/SOFR trade in landmark moment for Australian market

• 02 Jan 2020

• Risk Management

Citadel Securities: more TCA in 2020 to expose liquidity recycling

TCA should show difference between providers who hold risk and recyclers of liquidity, says market-maker

• 02 Jan 2020

• Foreign Exchange

LMAX: bitcoin to break $30,000 in 2020

Exchange head David Mercer foresees more transparent market, freed of “pariah” of last look

• 31 Dec 2019

• Algorithmic Trading

Vanguard: automation is great until it doesn’t work

Andy Maack, head of FX trading, talks about the future of trading, algos and diversity

• 30 Dec 2019

• Wholesale

JP Morgan: beating lower margins, flat volumes and the competition

Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players

• 24 Dec 2019

• Foreign Exchange

FX Week December 23 2019 digital download (exclusive to FX Week Corporate subscribers)

• 23 Dec 2019