Trading
Thomson Reuters to roll out randomisation in June
TR Matching set to launch latency floor almost three years after initial client consultations
Standard Bank South Africa partners TradAir
The South African lender will deploy TradAir's eFX platform to boost its market-making capabilities in USD/ZAR
R5FX goes live in Singapore
Trading begins on the platform, following authorisation from the Monetary Authority of Singapore
Pragma algo to exploit unusually predictable fix trading patterns
Five-minute fixing window created highly readable patterns
Citi's Hamilton heads to FastMatch
Former vice-president of eFX at Citi takes up sales director role
Market participants expect BIS survey to show FX slowdown
The bank’s 11th triennial survey is under way, with the results due in September
Dollar may weaken as Fed stays less hawkish
The softness of the US currency may only be near term, as ongoing policy divergence could lead to some gains later
Lawyers take FX fight to StanChart subsidiary
After a US judge says she lacks jurisdiction over the parent firm named in the class-action suit, lawyers reload for new target
Saxo Payments offers corporate access to real-time FX trading
Banking Circle Real-time FX promises to eliminate the need to turn to banks for foreign exchange trading or payments
Sell-side shift creates opening for OMS vendors
With the buy side moving in a multi-asset direction, sell-side firms are tailoring their desks to meet new demand. Broker-dealers now want their order-management systems to do more
Retail FX hots up in Australia as traders' risk appetite grows
Volatility in 2015 boosts retail activity, but traders prove fickle with platforms
Eagle and Holmes launch agency broker Aquila Markets
Firm will focus on providing high-quality coverage and execution services for FX
Brexit will threaten London's FX dominance – survey
Poll of foreign exchange professionals shows 80% believe the UK will vote to stay in the EU
Thomson Reuters buys full control of WM/R
The firm now owns State Street Corp subsidiary The World Markets Company and with it the FX benchmark
Gain's GTX ECN unveils binary data protocols
Clients using the ECN's new GTTP protocol can receive data faster at lower latencies
Sterling to head lower as Brexit looms
With three months to go, volatility in sterling is set to rise as uncertainty remains pivotal, says CIBC head of G10 FX strategy
Esma fines DTCC for data-sharing failings
This is the first time the regulator has fined a trade repository under Emir
Renminbi's global share of payments drops
But the Chinese currency is being increasingly adopted to settle transactions with China and Hong Kong
Giancarlo to regulators: give blockchain innovators space
CFTC commissioner says they must avoid impeding innovation and investment, and provide a straightforward legal environment
February volumes fall after good start to year
Average daily volumes reversed January's trend and dropped across all major FX platforms
China opens research centre for RMB internationalisation
The new initiative is a victory for Singapore as it angles to position itself as a leading renminbi hub
RBC launches delegated execution tool for buy side
UnityFX, developed by RBC I&TS and Broadridge, will help investment managers with their operational FX needs
Currency wars set to reignite – Gain
Gain Capital-owned strategist expects to see FX wars return
JP Morgan tops Coalition investment banking survey
US bank also triumphs in fixed-income, currencies and commodities markets