Articles by FX Markets Staff
IMF weighs up $650 billion SDR issuance
Figure would allow Biden administration to avoid a vote in Congress
BIS and central banks partner to create CBDC ‘bridge’
Cross-border project will link up digital currencies of China, Hong Kong, Thailand and the UAE
FX Markets Best Banks Awards 2020: The winners
Citi takes 12 categories, including best bank for FX; HSBC follows with six wins
UK’s FCA bans crypto derivatives for retail investors
FCA says retail crypto assets have no reliable valuation basis and could increase financial crime
ECB steps up research on ‘digital euro’
Central bank analysing both centralised and decentralised options for a digital currency
e-FX Awards 2020: The winners
Citi takes three categories in 18th annual awards; XTX picked as best LP for spot, while Goldman wins algo crown
Boston Fed and MIT collaborate on digital currency research
Research results on software architecture will be released as open source
Statisticians grapple with inflation impact of Covid-19
Collecting reliable inflation figures during lockdown is not straightforward
FSB outlines 10-point plan for stablecoin risks
Some powers already exist but stablecoins may cut across regulatory boundaries, report says
Covid-19 could spur central bank digital currencies – BIS
Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed
Major economies already engaging in ‘currency wars’ – former IMF chief
De Larosière floats new commodity-based exchange rate regime; says “trust” is key to avoiding “beggar-thy-neighbour” policies
Four more banks join CLSNet
Bilateral payments netting service using distributed ledger tech now has nine firms live
Theta hires Meddemmen as chief technology officer
Specialist provider of buy-side trading tech as a service will launch FX capabilities at year-end
Diginex appoints Edwards as head of investment products
A former managing director at UBS Investment Bank, his financial career spans 20 years
Investment Association calls for standardisation of FX reject codes
The 13 new high-level categories will allow rejection causes to be remedied quicker
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
Refinitiv pledges FX brokerage to Australian bushfire relief
The area already burned is triple the size of the land destroyed by the 2018 California fires and six times that of last year's fires in the Amazon
Wemyss to head business development at Digital Vega
After a quarter century at JP Morgan, he joins the FX options e-trading platform