Trading
Thomson Reuters launches FX Clob in Nigeria
FX provider says the move will enhance market liquidity and shows its commitment to the region's growth
No replay of 2015 dollar bull run, says UBS
Market movements, however, will be dictated by forward monetary policy signals from the Fed and ECB
Sterling set for a bumpy ride as Brexit uncertainty persists
Strategists say this could push the pound lower towards parity with the euro
Traiana builds out PB kill-switch network and credit tool
As prime brokers seek more control, Traiana gets set to launch a dynamic credit-allocation product
Fluent rolls out EBS Live Ultra connectivity
The low-latency provider starts connecting EBS BrokerTec clients to the data feed it launched last month
Warm welcome for Stater's matched principal model
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says
Giancarlo urges regulators to examine risk from capital rules
CFTC commissioner says regulators cannot avoid the issue of whether capital removed from markets harms the global system
Currenex launches X2 platform
Institutional venue boosts traders' performance and efficiency, while helping to keep markets resilient in times of stress
Heard anything about the sterling move?
Senior participants are still in the dark regarding last week's slide – a highly unusual situation in the gossipy FX market
Renminbi in SDR basket will end dollar overreliance – PBoC's Jin
IMF move will trigger a reallocation of assets onshore and offshore, says PBoC representative at the HSBC China Forum
Asset managers lead the charge for voluntary clearing
Voluntary clearing volumes jump 80% as non-cleared margin rules take effect
FXecosystem adds SG1 as it expands into Asia
This reinforces the firm's colocation connectivity network, which already includes LD4 and NY4
Broad dollar strength on the horizon, says Wells Fargo
December hike of 25bp expected from Fed and it is likely to pull the trigger again in 2017, helping to propel the dollar
Pound crashes 8% during early morning trading
Sterling plunged from $1.26 to $1.14 within two minutes, just after 7pm in New York
Citi warns of all-time cable low
Following a move of nearly 10% in GBP/USD, technical analysts say a test of an all-time low cannot be written off
Modifications sought in Johnson's release
Attorneys still working to get Mark Johnson's wife as a signatory on the $1m bond agreed for his release in July
OCC suspends Johnson from markets
He pleaded not guilty to alleged felony charges in August, but OCC says the charges involve dishonesty and breach of trust
China’s FX reform hit treasurers the most – JP Morgan survey
Senior financial executives from more than 100 global and regional corporates responded at Asia-Pacific Treasurers Forum
Renminbi's global share of payments slides
China's currency holds fifth place globally, but overall share shrinks again, Swift says
Failure to own and timely settle intercompany transactions leaves firms open to FX and tax risks
Failure to own and timely settle intercompany transactions leaves firms open to FX and tax risks
FCA proposes standardised transaction cost measurement
It proposes placing a duty on asset managers to disclose aggregate transaction costs to investing pension schemes
Automated payment systems in high demand for UK businesses
Afex survey shows 44% of UK companies expect to increase global payments
ADS Securities to pull back from London, Watson resigns
ADS Securities London will become regional base, redundancies on the cards
Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers