News/Risk Management
Currency managers end 2015 on downbeat note
Parker FX Index shows negative returns of 0.51% for December
Hotspot launches private liquidity pool tool
Users will be able to create their own customised pools to suit their trading needs
Samsung Securities gains third-party access to CLS
The securities company is the first non-bank financial institution to join CLS in South Korea
ACI ramps up education initiative
"Individual accountability is a central facet of the market going forward," says Marshall Bailey, the association's global president
Banks move towards active compliance
Banks are taking a less passive approach and striving to spot wrongdoing early on
Non-banks up the ante in Asia's FX markets
Primary providers are seeing their market share for spot and derivatives erode as corporates turn increasingly to non-banks, new research shows
CLS and Markit extend FX settlement to cross-currency swaps
The currency settlement utility and global provider of financial information services join forces to tackle the growing demand for clearing solutions in the swaps market
FX can protect the portfolio during shocks
While not always providing spectacular returns, holding foreign exchange as part of a wider portfolio can be extremely valuable
Evolution of FXPB landscape isn't over yet
Cost of capital and risk control will shape the conversation in 2016
Transparency needs to be balanced by choice
The drive for greater transparency should focus on behaviour and risk management
Spreads need to widen to boost liquidity
Panellists at the 14th annual FX Week Europe conference warn of increasingly illiquid markets
CLS discusses renminbi inclusion with PBoC
The talks, which have been going on for several years, are still in the exploratory phase
Banks eye Traiana for EM FX netting service
Industry turns to the Icap-owned utility as CLS's emerging markets push stalls
XTX Markets provides liquidity on TraderTools
The move comes within weeks of the firm going live on 360T
Worries mount over year-end liquidity conditions
With only six trading days between the Fed's last rate meeting and the holiday period, market participants are being warned to prepare for a rocky year end
FirstRand joins CLS
The South African bank joins the currency settlement utility, raising its membership to 64