Trading
BMO: dollar will bump along the top of the trading range
Canadian bank expects US currency to remain strong this year
Renminbi drops to six-year low
Figures from Safe show a net $44.7 billion worth of payments in the currency left China in November
Saxo ups margin requirements ahead of US election
Margin requirements for most major FX pairs will go up to 2–3%, with RUB and MXN rising to 10% and 15%, respectively
On-Sef FX trading hits September high
FIA reports a 32% leap in volumes since August
BoE could cut rates again this year, says StanChart
Nick Verdi, FX strategist for the UK bank in New York, sees sterling ending 2016 at $1.20
Prepare for variation margin rules now, urges Massad
CFTC chairman talks margins, capital requirements and automated trading at FIA Expo
LMAX may seek registration in Ireland in the event of a hard Brexit
The platform believes other firms will follow suit as they seek to maintain access to the single market
HSBC: global acceptance of redback is rising
Figures come from the bank's 2016 renminbi internationalisation survey, conducted with 1,600 corporates across 14 countries
Edgewater launches matching engine in Mexico City
Another sign that the institutional FX liquidity provider is moving forward with its expansion in emerging markets
Oanda rolls out its fastest trading engine
The improved v20 packs an execution speed of 1.3 milliseconds
Powell exits Thomson Reuters
Data industry sales and management veteran leaves 20-year role
Thomson Reuters is making its Matching data feed 10 times faster
Frequency of updates on currency pairs to rise to 25 milliseconds
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