Trading

• Foreign Exchange

Dominican Republic sells dollars to support peso

Dominican currency has been one of the stronger performers in the region

• 20 Sep 2019

• Foreign Exchange

BoE paper examines exchange rate return distribution tails

Authors look to understand exchange rate risk in global cycle

• 18 Sep 2019

• Central Banks

Fed provides update on future RTGS system

FedNow cross-border payments could be considered in future, US central bank says

• 17 Sep 2019

• Trading

BIS: FX volumes rise to $6.6 trillion, London trading soars

While the UK capital reinforces its prominence in FX markets, trading in Asian currencies heats up

• 16 Sep 2019

• Risk Management

BoE’s Hauser urges firms to adapt to FX market fragmentation

Less sophisticated firms are paying much higher spreads, executive director says

• 13 Sep 2019

• Trading

BNPP enhances Cortex with on-the-fly controls and personal assistant

French bank brings SDP into new era with suite of interactive trading controls

• 12 Sep 2019

• Wholesale

Spotex expands institutional offering with JP Morgan and NatWest

The banks’ prime brokerage desks seek diverse liquidity pools that could lead to better execution for their algos

• 12 Sep 2019

• Risk Management

Eurex to launch cross-currency swap clearing ‘within weeks’

Clearing service will target dealer-to-dealer trades before later rolling out to clients

• 11 Sep 2019

• Trading

Goldman Sachs shares algo analytics on FXGO

Bank teams up with Bloomberg for real-time algo order analytics to help client execution

• 11 Sep 2019

• Trading

Goldman Sachs to revive FX desk in Sydney

Superannuation fund growth attracts the bank, as Australia and New Zealand clients represent increasing proportion of regional FX flows

• 06 Sep 2019

• Foreign Exchange

Trade war may delay yuan as reserve currency

Central banks are cautious when building renminbi reserves due to legal and liquidity issues

• 05 Sep 2019

• Trading

Markets look for yuan to reach 7.50 amid rising trade tensions

Scaling up of tariffs could weaken the renminbi further, say panellists at FX Week Asia conference

• 05 Sep 2019

• Foreign Exchange

ECB’s Mersch attacks Facebook’s ‘cartel-like’ libra structure

Senior ECB official accuses currency project of “treacherous promises”

• 04 Sep 2019

• Foreign Exchange

Argentina reimposes currency controls as peso plummets

Authorities aim to stem depreciation of peso, down 23.9% against dollar since August 11

• 03 Sep 2019

• Foreign Exchange

No noticeable fund outflows amid protests – HKMA

Exchange Fund sufficient to back currency in case of capital outflows, central bank says

• 23 Aug 2019

• Risk Management

FX class action could run into billions – UK class representative

Given London’s share of the FX market, the damages sought could be greater than those received in the US

• 23 Aug 2019

• Foreign Exchange

Argentine governor rules out holding peso at unsustainable level

Guido Sandleris reaffirms commitment to tight monetary policy to tame inflation

• 22 Aug 2019

• Risk Management

Carney warns Germany and France of Brexit derivatives cliff edge

Bank of England governor says it is in “interest” of EU countries to ensure full viability of financial contacts ahead of Brexit

• 20 Aug 2019

• Trading Systems

Danske overhauls FX technology to rebuff Tier 1 competition in Nordics

Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates

• 19 Aug 2019

• Foreign Exchange

Brazilian central bank to sell dollars outright for first time since 2009

It remains committed to floating currency regime

• 16 Aug 2019

• 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