Trading
FX volumes rise, but UK loses year-on-year
North America is booming, but the UK performs worse than in April 2015
Plea bargain may be an option for the HSBC two
But the maximum prison sentence for Johnson and Scott, if they are found guilty, could be 30 years
ACI Dealing Simulation course takes place on August 31
The four-day residential event will run in Stamford, Connecticut
Global renminbi adoption slows in June
Decline continues in the internationalisation of China's currency, overtaken by the Canadian dollar in payments by value
Kantox sees $100 million of trades since API launch
This increases the total worth of transactions on the platform to $3.2 billion since 2011
GSX and Deutsche Borse give exposure to bitcoin
The firms will list an exchange-traded instrument, giving public markets more access to the digital currency
Ficc revenues surge for US banks
The segment sees robust growth, with Morgan Stanley and JP Morgan the standout performers
FX benchmarks: everyone's a loser, baby
HSBC case highlights the inherent conflict of interest created by point-in-time benchmarks, says currency consultant
North American FX volumes move up
Average daily volumes increase in the US and Canada, but there's some way to go before they hit 2014's numbers
Edgewater hires Wood to lead EM expansion
John Wood has more than 20 years' experience in African currencies and emerging markets
Policy divergence to remain a theme for two more years
Some currency pairs could go lower if the Fed's hopes for a rate increase materialise, says Wells Fargo analyst
Scott faces extradition to US
The Department of Justice wants the former HSBC trader to face charges on US soil
HSBC's Johnson is released on $1 million bond
Mark Johnson, banned from leaving the US, puts up $300,000 and his house to meet bail
75% of buy side to use algos in a couple of years, participants say
Best execution requirements and liquidity conditions will drive adoption, according to a survey by Greenwich Associates
DMALink and ADS seal FXPB clearing deal
The platform's clients will gain access to sustainable credit and clearing services
XTX hires in Singapore, joins Broadway liquidity network
Chan Wai Kin joins from Morgan Stanley
Some EMs back in vogue, say currency managers
Others are trying to figure out a trading policy for these markets
CIO urges market to pay attention to the renminbi
Knowledge of the Chinese consumer can help drive portfolios across sectors and countries – Bessemer Trust's Patterson
Thomson Reuters and CME to integrate messaging systems
The combined user base of the two will bring together some 300,000 market participants
BoE will likely cut rates in August, says Morgan Stanley
Monetary policy action from the UK central bank is expected in August, via QE and a rate cut
More PBs could pull out come September, panellists say
"How far can repricing go without actually constraining and choking that entire market?" asks JP Morgan's Choussy
Growth of NBLPs thwarted by credit structure, platform heads say
Alternative LPs look to do more relationship-based trading rather than streaming prices anonymously
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Options clearing on track, says LCH's new head of FX
While options clearing is still in the pipeline, cleared NDFs peak