News
House prices complicate outlook as RBNZ holds
Central bank caught between strong New Zealand dollar and rising risks in the housing market; keeps rates on hold
Strong dollar behind economic paradigm breakdown – Shin
BIS head of research points to failure of covered interest parity post-2008, with the strength of the US dollar correlated with the size of market anomalies
CME and CloudMargin offer collateral-management service
Customers will gain access to a consolidated view of their collateral inventory
China’s FX reserves sink to lowest in four years
Reserves fall by $27.93 billion to $3.192 trillion in May
NAB goes live with FX OMS a week after platform launch
National Australia Bank launched starXchange on June 2
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
Dairy demand data available for FX traders for first time
Global Dairy Trade publishes data that is often behind Kiwi dollar moves
First foreign-issued RMB bond lists on LSE
The RMB 3 billion three-year bond was announced on May 25
FX funds above water in April
While they were back in the black, FX funds did not manage to reach their earlier 2016 yields
Retail brokers tighten margins ahead of EU referendum
Saxo, FXCM and IG Group have already taken the first steps to reduce risks for their clients, while others stand ready to act
Hamberger joins Credit Agricole
Ex-Commerzbank head of e-Fic steps into global e-FX product manager role
Keskin takes gardening leave
London-based Adam Keskin has worked on Barclays' FX sales desk for five years
FXCT project signs up 10 partners
Galinov-led central tape initiative expected to go live this year
Icap clinches $65m CFETS deal
Icap-owned EBS BrokerTec will provide technology for fixed-income and FX electronic execution services in China
Two more banks publish execution guidelines
JP Morgan and Morgan Stanley disclose their rules on execution and last look to clients
GTX Sef receives CFTC approval
Registration go-ahead replaces temporary nod from US regulators
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
Hunter Capital appoints Lerpiniere as senior portfolio manager
Sydney-based global macro fund makes senior hire
SocGen promotes O’Hara to global head of FXPB
John O'Hara's move comes shortly after joining the French bank
Thomson Reuters to offer 2pm WM/R benchmark
For corporates requiring a tradeable reference rate to settle cross-border transactions
Record submissions for this year's awards
Shortlist of the 13th FX Week e-FX awards announced
Cochrane goes to 360T
Having just left ITG, he will join the FX platform in New York
Icap launches EBS Treasury
The platform, born from the ashes of Icap's MyTreasury, supports FX spot, forwards and swaps trading
HKEX and Thomson Reuters to create new renminbi indices
The indices will track the Chinese currency's exchange rate against that of other currencies