Trading

• Trading

FX volatility rouses from hibernation

Volatility picks up on back of fluctuating US-China trade tensions and central bank easing

• 15 Aug 2019

• Wholesale

MUFG eyes financial institutions, pension funds in expansion

Japanese bank wants to build a broader client base beyond corporates

• 15 Aug 2019

• Reserves

Argentine central bank tries to halt peso’s slide

Peso falls after primary election results come as blow for President Macri

• 14 Aug 2019

• Foreign Exchange

Asia awaits term SOFR solution for local benchmarks

Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations

• 14 Aug 2019

• Risk Management

Standard Chartered fares best in mixed Q2 European Ficc results

Client activity remains muted as low volatility and geopolitical uncertainties weigh on sentiment

• 13 Aug 2019

• Central Banks

Shekel’s strength clouds Bank of Israel’s inflation outlook

Economists ponder whether central bank actions contribute to lower prices and what priorities it should consider in the near future

• 12 Aug 2019

• Foreign Exchange

ECB to assess Croatian banks in euro membership prep

Croatia could join the eurozone by 2024

• 12 Aug 2019

• Trading

Trading volumes fall on most ECNs in July

FXSpotstream bucked the trend with yet another year-on-year increase

• 09 Aug 2019

• Risk Management

How the top 50 liquidity providers tackle last look

Uneven disclosure practices are making life difficult for agency algos and ECN trading

• 08 Aug 2019

• Risk Management

Six big FX market-makers call for end to last look

Citadel Securities, Jump and Virtu among those repudiating controversial practice

• 07 Aug 2019

• Foreign Exchange

PBoC to issue central bank bills to support yuan

Move could reduce liquidity of offshore yuan and deter “hot money” flows, analysts say

• 07 Aug 2019

• Foreign Exchange

US Treasury designates China a currency manipulator

Renminbi crosses barrier of seven yuan per US dollar amid trade tensions on August 5

• 06 Aug 2019

• Foreign Exchange

PBoC vows to keep renminbi stable

Central bank governor says yuan at appropriate level after breaking 7:1 against US dollar

• 06 Aug 2019

• Central Banks

Turkey increases reserve requirements on FX deposits

Authorities aim to discourage citizens from transferring assets into other currencies, weakening the lira

• 06 Aug 2019

• Algorithmic Trading

Tradepoint’s passive triangulation algo for synthetic crosses

Product allows regional banks to show passive interest in non-existent pairs where there is no direct market

• 05 Aug 2019

• Trading

BNPP launches hybrid NDF algos as electronic trading matures

Launch of BNP Paribas’s algos follows fast-growing demand for NDFs

• 05 Aug 2019

• Foreign Exchange

FX Week August 5 2019 digital download (exclusive to FX Week Corporate subscribers)

• 05 Aug 2019

• Technology

UBS developing customisable client pricing engine

Swiss bank wants to give individual clients fully customised price without affecting system performance

• 02 Aug 2019

• Foreign Exchange

Potamus looks to new asset classes, including currencies

HFT firm sees US equities platform grow in past year and views outsourced trading as another area for expansion

• 01 Aug 2019

• Risk Management

FX last look: how non-banks stack up

Research shows patchy disclosures plus differences from banks on pre-hedging and rejected orders

• 01 Aug 2019

• Central Banks

Fed cuts rates and halts balance sheet reduction

Decision sees hawkish dissents from Kansas and Boston Fed presidents Esther George and Eric Rosengren

• 01 Aug 2019

• Foreign Exchange

Markets diverge on how far Fed will go

“There may be volatility in the markets later this week,” Fed-watcher says

• 30 Jul 2019

• Risk Management

Collective UK action brought against FX cartel banks

Banks targeted are those that took part in the ‘banana split’ and ‘Essex Express’ cartels

• 29 Jul 2019

• Retail

Esma warns retail brokers over ‘pro’ push

Regulator warns brokers not to promote professional status to unqualified investors

• 29 Jul 2019