Trading
FX industry passes Brexit test with flying colours
Despite biggest-ever sterling move, liquidity and infrastructure holds up without glitches
CFETS likely to include won and rand in RMB Index
Following CFETS's approval of direct trading on the interbank FX market, the two currencies could soon be included in the basket directly linked to the renminbi
Barclays halts taking stop-loss orders during UK referendum
The bank takes unprecedented step as it navigates disruptive market conditions
Pre-referendum G10 liquidity at its worst since SNB
Citi warns of highly illiquid market conditions as Britain goes to the polls
FX market braces for Brexit night
As Britons head to the voting booths to decide the future of the UK, all eyes are on sterling pairs
NAB grabs top spot on pound weakness
Much of central bank policy for the foreseeable future is contingent on the results of this week's UK referendum
Delay US non-cleared margin rules, industry tells Congress
“This puts the US banks at a huge disadvantage relative to the European banks,” says CME’s Duffy
Brexit spurs caution from brokers and platforms
"Nobody in the industry wants a repeat of the SNB, whereby clients suffered heavy losses and effectively became debtors," says ADS Securities' James Watson
Russell Investments expands execution platform
RFX is now connected to the private financial Charles River Network, which has more than 600 global liquidity venues
Bats Hotspot prepares outright FX forwards launch
New product could get rolling in the autumn
Oversold dollar view leads Rabobank to victory
The bank says the Fed could hike again in September, with another possible if there is good data in the months ahead
Non-banks charge ahead, but HFTs see warning signs
New risk-warehousing models are outpacing non-bank players that rely on latency advantages
Corporate treasuries are starting to feel capital cost pain
After years of stable IRD usage, corporate hedging is getting more expensive and even clearing may not help
HKEX promotion aims to boost new contract uptake
EUR/CNH, JPY/CNH, AUD/CNH and CNH/USD futures contracts went live on the exchange on May 30
CME and CloudMargin offer collateral-management service
Customers will gain access to a consolidated view of their collateral inventory
China gives investment quota to US to boost yuan’s global use
US asset managers awarded $38 billion quota under RQFII programme for the first time
Dairy demand data available for FX traders for first time
Global Dairy Trade publishes data that is often behind Kiwi dollar moves
First foreign-issued RMB bond lists on LSE
The RMB 3 billion three-year bond was announced on May 25
FX funds above water in April
While they were back in the black, FX funds did not manage to reach their earlier 2016 yields
Banks fear early rollout of EU margin rules for FX forwards
Industry calls on the European Commission to clarify when FX forwards will be subject to a variation margin requirement
Retail brokers tighten margins ahead of EU referendum
Saxo, FXCM and IG Group have already taken the first steps to reduce risks for their clients, while others stand ready to act
RBC Capital Markets: US views could be trumped
Electoral uncertainty and the risk of a Trump presidency could force the Federal Reserve to hold back longer than expected
FXCT project signs up 10 partners
Galinov-led central tape initiative expected to go live this year
Icap clinches $65m CFETS deal
Icap-owned EBS BrokerTec will provide technology for fixed-income and FX electronic execution services in China