Global
Highly Commended for e-FX Initiative of the Year: R5FX
The electronic venue for emerging markets earns praise for its wide impact
e-FX Achievement of the Year: Jon Vollemaere
From Reuters D22 to R5FX via Currenex, Vollemaere gains recognition for a career in e-commerce
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
Peso set to underperform for rest of 2016, executives say
A survey organised by Bloomberg finds FX participants downbeat about Mexico's currency
TraderTools launches EM liquidity pool
Network will focus on the rand, Turkish lira, Central European currencies and the Russian ruble, among others
China gives investment quota to US to boost yuan’s global use
US asset managers awarded $38 billion quota under RQFII programme for the first time
First foreign-issued RMB bond lists on LSE
The RMB 3 billion three-year bond was announced on May 25
Icap clinches $65m CFETS deal
Icap-owned EBS BrokerTec will provide technology for fixed-income and FX electronic execution services in China
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
Saxo boosts China presence with partnership
Danish bank signs tri-party agreement with Wallstreet CN and LeanWork
Quants: carry and value will work for next six months
Less volatile market conditions look favourable for these strategies
Eagle and Holmes launch agency broker Aquila Markets
Firm will focus on providing high-quality coverage and execution services for FX
Brexit will threaten London's FX dominance – survey
Poll of foreign exchange professionals shows 80% believe the UK will vote to stay in the EU
Renminbi's global share of payments drops
But the Chinese currency is being increasingly adopted to settle transactions with China and Hong Kong
Australian players need to play renminbi long game
Panellists were bullish on China's long-term prospects at FX Week Australia; commodities priced in RMB will be a game-changer for Sydney's status as a trading hub
PBoC confirms Russian swap transactions
Central banks of China and Russia disclose "several currency swap trades" since October, but no details
RBA adds the Korean won to reserve portfolio
Australian central bank continues to unload euro holdings while introducing seventh reserve currency
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
PBoC eases despite continued depreciation fears
China's central bank cuts reserve requirements amid intricate balancing act between buoying slowing growth, maintaining financial stability, and safeguarding the value of its currency
PBoC’s Zhou dismisses talk of renminbi devaluation
China’s governor says the country is “opposed” to competitive devaluation and capital outflows are likely to subside
Possibility of global crisis has resurfaced, panellists say
Attention turns from policy normalisation to the threat of global slowdown
China relaxes QFII limits amid calls for capital controls
FX regulator lowers the ‘lock-up’ period, during which foreign investors must wait before repatriating funds, from one year to three months, as analysts warn of renminbi devaluation
FXCM to stop offering Hong Kong dollar on February 26
Mindful of last year's SNB shock, the US broker decides to stop quoting HKD amid fears over peg