Trading
Sizeable renminbi devaluation a major tail risk, says Baml
Chinese inflation data suggests the People's Bank of China could rethink its current renminbi strategy
EUR/USD call pushes BNP Paribas to the top
The bank expects the dollar to continue its uptrend against G10 peers in the long run
Asset managers face last-minute fee puzzle on benchmarks
Some sell-side firms have yet to inform clients of their plans for fees on benchmark execution
GSA split amicable, Gerko says
GSA's head of FX trading says his spin-off from the hedge fund was planned for months, with the support of GSA
FXCM's Niv blames banks for extreme Swiss move and losses
The January 15 drop in EUR/CHF was a 'global market function failure' as banks failed to provide prices, Niv says
Risk recycling issues stall China's forex option market
Onshore corporates yet to take advantage of increasing hedging options
Australia corporates revisit FX hedging after AUD slide
Currency risk management is now a major focus for Aussie firms
USD/CHF options burn banks amid illiquid markets
Traders say dealers who lost money in last month's huge Swiss franc move are likely to have done so because liquidity evaporated, making it impossible to hedge sold options
114 jobs go from bankrupt Alpari UK
The FX retail broker has struggled to sell its assets since the appointment of KPMG as its administrator
Multi-dealer options platform sees record growth
Digital Vega sees 160% uptick in volumes on Medusa in 2014
EBS Direct may cannibalise EBS Market, says Spencer
But innovation will help the broker to avoid becoming "toast"
Swissquote wins by anticipating euro weakness
Broker views the pause in USD/JPY as temporary, forecasting EUR/USD to trade near parity by the end of this year
Rocking in exotics has never been more attractive
An early mover gamble paid off for US broker INTL FCStone in exotic currencies trading. Philip Smith and Gregory Vincent explain why the payments business is growing
Tension intensifies between banks and brokers as SNB fallout continues
Banks and FX retail brokers are at a stand-off as they fail to agree new terms on repricing trades in the wake of the EUR/CHF collapse on January 15
Pressure builds on Denmark as central bank slashes rate
Analysts anticipate the central bank having to cut the deposit rate further, but maintain the peg will survive
Citi takes proactive stance on FX bonuses
Citi's FX traders will lose their cash bonuses if they are let go this year and are seen to have committed misconduct
Gerko to exit GSA and set up market-making business
Head of GSA's market-making team is set to go it alone in July
SNB fallout highlights danger of agency only models
Retail brokers with agency only models suffered steep losses following the SNB decision while principal brokers came out relatively unscathed
Bats won't hike fees on Hotspot, says Concannon
The stock exchange operator is committed to its core low-cost strategy, says Bats Global Markets president Chris Concannon
Prime of prime providers see growth despite SNB fallout
Credit provision to smaller firms is increasingly becoming the domain of PoPs, but the focus will shift to pre-trade risk management
FXCM's dollar prediction lands it on top
From a technical perspective, the firm anticipates a countertrend movement in the US dollar-strengthening path
EBS set to unveil new trading platform
EBS brings together all of its liquidity sources in one integrated trading venue