Trading
SEB: overvalued dollar to remain strong
With uncertainty dominant in other major economies, there is little to challenge the dollar's strength for now
ADS granted investment banking licence in Hong Kong
Type 6 licence allows the firm to act as a financial adviser to corporates
Forget Trump, 2017 is not the year of the dollar – Swissquote
The bank's head of strategy is not buying the Trump story and he's bullish on the euro
Effex used last look tactics to cheat FXCM clients, NFA states
NFA names Effex Capital as FXCM's preferential market-maker, which used 'hold timer' and 'previous quote' practices
Digital Vega launches execution and workflow solution
FX options specialist promises to bring significant efficiencies for execution desks through Intelligence Execution engine
City Index: political uncertainty will dominate in 2017
Central banks will need to remain attentive to the whims of political forces
Border tax could support dollar, NAB says
A strategist at National Australia Bank says the controversial tax could lend support to the dollar if enacted
FX volumes generally up in October and Singapore shines
Semi-annual central bank surveys of FX markets show growth overall in four out of five centres
Parity in EUR/USD in sight, says BNP Paribas
FX strategist Sam Lynton-Brown holds a EUR/USD view of 1.00 by the year end
Bonuses set to disappoint as headwinds persist
Those who still get bonuses can expect non-cash payments with clawbacks
Ficc revenues rise for US banks in 2016
However, fourth-quarter earnings fall for most
Non-banks to get dark pool for inventory exchange
Competition could heat up for banks, but may cue tighter prices
FX central tape to launch end of Q2, but without banks
Participants to move ahead without banks amid rising demand from end-users for transparency and cost analysis
Wells Fargo: potential monetary policy convergence in 2018
But divergence will prevail in 2017
BIS finds sterling crash was due to 'confluence of factors'
October 7 sterling flash crash in 2016 down to illiquid conditions, less experienced traders and loss of public data from venues
FX platforms finish 2016 on a flat note versus the year before
Despite spikes in June and November, over-the-counter FX trading was subdued
OCC fines Usher and Ramchandani $5m each in ‘Cartel' probe
Former traders indicted by the DoJ for the same offences
Linker swaps Thomson Reuters for 360T
As well as expanding 360T's existing business and products, he will drive the launch and adoption of its Clob and ECN initiative
A president, two central banks and the FX market
Donald Trump's economic policies could determine the Fed's response, while Brexit could put BoE and ECB in the spotlight
FX weighs on banks' trading revenues in Q3 2016
OCC report finds a fall in FX and interest rates lowered banks' trading revenues, but they still performed better than in 2015
FastMatch tweaks fees to discourage use of last look
Platform continues push to eliminate last look trading and plans to introduce a dark pool where clients can exchange inventory
USD/CNY volatility rise expected after currency basket revamp
Emerging market currencies now make up a higher proportion of the basket used to calculate the renminbi index
Analytics, best execution and clearing to drive trends in 2017
Evaluation of liquidity is moving away from bank vs non-bank as clients gain more tools to assess execution behaviour
Divergence to drive dollar in 2017
Fiscal expansion and monetary policy tightening are likely to drive up the dollar in 2017