Emerging Markets
Renminbi payments double between China and Japan
But while the Chinese currency is booming, trading volumes in the wider FX market fell in November
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
IMF approves renminbi's inclusion in SDR basket
The move puts the renminbi on course to achieve reserve currency status
CLS discusses renminbi inclusion with PBoC
The talks, which have been going on for several years, are still in the exploratory phase
EM currencies set for brighter year in 2016
As uncertainty over the timing of the Federal Reserve's rate hike is likely to fade, emerging markets currencies are set for a stronger year
Banks eye Traiana for EM FX netting service
Industry turns to the Icap-owned utility as CLS's emerging markets push stalls
China lets central banks use Isda agreements for FX derivatives
China allows derivatives trading based on international standard agreements for the first time; applies only to sovereign investors and FX derivatives
Best Bank for Renminbi: Bank of China
Bank of China wins inaugural renminbi award
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Best Bank for Australian Dollar: ANZ
The Australian bank has taken advantage of global players reducing their business in ANZ's core markets to strengthen its own presence there
Best Bank for Emerging LatAm Currencies: Banco Santander
Rocked by falling oil prices, political scandal and lacklustre economic growth, Latin America is not a playground for the weak. Still, Banco Santander has a deep foothold there and is taking a personalised approach with clients until the storm passes
Best Bank for Canadian Dollar: BMO Capital Markets
Proving itself a leader in its home currency, BMO Capital Markets now has its sights set on the renminbi
Best Bank for Asia, EM Asia and EM Emea: HSBC
HSBC continues to dominate emerging Asian and Emea currencies, and it is also voted best bank for FX in Asia-Pacific
Best Bank for South African Rand: Standard Chartered
Standard Chartered wins the award for the rand as it builds its African ambitions
Lagarde supports RMB inclusion in SDR basket
IMF managing director endorses the renminbi's inclusion in the special drawing rights basket after a staff report deems it 'freely usable'; executive board decision expected on November 30
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
Tullett Prebon bets on OTC broking with Icap buy
Icap sells its global hybrid broking business to rival Tullett Prebon amid difficult market conditions
TPP countries strike ‘unprecedented' deal against currency manipulation
The 12 member states of the Pacific free-trade deal sign a declaration vowing comprehensive disclosure of FX data; members will have to abide by rules against competitive devaluation
South Korea eyes panda bonds in China
Local media reports that Korean government has submitted formal request to Beijing following financial co-operation deal struck last week that also paved way for direct RMB/KRW trading
Asian currencies reach multi-year lows
Ringgit and rupiah worst hit as China stock plunge reverberates through FX markets; worst day since ‘taper tantrum', says strategist
Korea introduces RMB discount window
Bank of Korea is launching an emergency liquidity facility, offering Chinese currency as part of a broader infrastructural push to bolster Seoul's role as a RMB hub
London cements position as renminbi hub
City of London report says the UK capital saw daily RMB trades of $61.5 billion in 2014
Emerging market risks diverge further as Fed hike looms
Standard Life updates its EM heat map to assess resistance to future shocks
Renminbi hits two-month high in wake of dovish Fed
Renminbi reaches highest level against US dollar in two months as Fed cuts projected rate path; volatility suggests market discomfort with Fed normalisation, says analyst