Trading

• 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

• Foreign Exchange

FX Week July 29 2019 digital download (exclusive to FX Week Corporate subscribers)

• 29 Jul 2019

• Asia-ex Japan

LMAX to launch matching engine in Singapore

London-based firm is latest to join plans to transform the island into global risk centre

• 25 Jul 2019

• Trading

FX trading in London hits record high

UK capital cements position as largest FX hub; New York sees significant fall in daily turnover

• 25 Jul 2019

• Fixed Income

US banks see Ficc earnings drop in Q2 2019

Results subdued due to depressed volatility and low client activity

• 24 Jul 2019

• Risk Management

UBS: last look is sticking around, but conversation evolving

Bank says transparent and open discussion can produce “mutual benefits going both ways”

• 18 Jul 2019

• Prime Brokerage

JP Morgan tells HFTs: you’re ‘all finding homes’

But credit intermediation space has inefficiencies that more kill switches would address, conference hears

• 17 Jul 2019

• Foreign Exchange

Bank of Thailand voices concerns over baht appreciation

Thai central bank says it has cut supply of short-term bonds to curb hot money inflows

• 15 Jul 2019

• Foreign Exchange

FX Week July 15 2019 digital download (exclusive to FX Week Corporate subscribers)

• 15 Jul 2019

• Foreign Exchange

FX ‘safe’ in latest job cuts at Deutsche, for now

Savings gained from restructuring said to free up capital to invest in core areas

• 12 Jul 2019

• Foreign Exchange

West Africa announces ‘eco’ currency plans

Single currency seems unlikely to be introduced by next year, despite updated launch plans

• 11 Jul 2019

• Trading

trueEX to shut; deal done with crypto venue

Would-be disruptor will exit swaps business on July 19

• 11 Jul 2019

• Foreign Exchange

Mexican peso falls on finance minister resignation

Crisis complicates inflation outlook and fuels fear of political interference in independent institutions

• 11 Jul 2019

• Technology

PBoC sounds alarm over Facebook’s Libra

Central banks must keep control of Facebook currency, senior officials say

• 10 Jul 2019

• Prime Brokerage

PoP debate rekindles following Stater Global Markets exit

Prime-of-prime broker leaves space after financial backer withdraws support

• 09 Jul 2019

• Foreign Currency

Renminbi internationalisation gathers pace

China is continuing its drive to make the renminbi an international currency, as well as opening up its onshore financial system to international investors, thus increasing opportunities to hedge investments in China. Volkan Benihasim, head of FX cash…

• 08 Jul 2019

• Foreign Exchange

FX Week July 8 2019 digital download (exclusive to FX Week Corporate subscribers)

• 08 Jul 2019

• Interest Rate Derivatives

Hibor may drop, but rates volatility will stay

Open interest of Hibor futures on HKEX on rise as market reacts to HKD rates’ higher volatility

• 05 Jul 2019

• Risk Management

Citi shockwaves prompt rush for new PBs

BNP Paribas, Deutsche Bank, HSBC and NatWest said to be onboarding Citi’s former clients

• 05 Jul 2019

• Wholesale

Record builds synthetic FXPB offering

Specialist currency manager will use tri-party model to move securities collateral between banks

• 05 Jul 2019

• Foreign Exchange

BoE markets boss: diversity in FX is an imperative

As the landscape of FX changes, so too should the people who work in it, says Andrew Hauser

• 03 Jul 2019