News
Unchanged Fed boosts EM party
Currency analysts question whether the recent strengthening of the US dollar will yield a similar reaction as that seen in 2013
FxPro acquires spot aggregator platform
Quotix buy will boost focus on institutional clients
BAML loses managing directors in New York and Asia
US bank loses two senior FX figures
CLS hits settlement record
Settlement infrastructure completes record number of instructions in 45 minutes after extensive IT upgrade
Return of volatility to bust Aussie's strong run
Expansionary monetary policies in the developed countries have supported Aussie strength, distorting the influence of fundamentals
PBoC designates renminbi-clearing banks for France and Luxembourg
Bank of China and the Industrial and Commercial Bank of China to serve the offshore RMB markets of the two countries
ForexClear adds PEN to cleared currencies
Clearing house can now handle 12 currencies and more than 95% of non-deliverable forward markets
ITG launches new FX benchmark
Research and execution broker aims new reference price at portfolio managers and traders as the race to find alternative benchmarks heats up
HSBC appoints FX sales head for Hong Kong
HSBC strengthens FX sales team in Asia-Pacific
SNB stands pat on EUR/CHF floor, despite market jitters
Swiss central bank ready to buy FX in unlimited quantities to preserve 1.20 currency floor
BAML FX prime brokerage head departs
Industry veteran quits US bank after nearly three years
Lloyds Bank hires from Deutsche in FX sales
The UK bank has appointed an FX sales director in London
Azimo launches euro money transfers to Scotland
New service will be in place before independence referendum
Credit Agricole appoints FX options head
Global head of FX Dmitri Shuster appoints senior figure in London
Democratisation of risk masks volume discrepancy
The fundamental rearrangement of roles in FX markets is driving underlying volume growth and market structure changes
London set to become dominant RMB hub
Three cities will beat off competition from other financial centres
No end in sight for Sef confirmation struggles
Nearly 12 months after the last Sef was issued, the CFTC finally offers clarification, which splits opinion
CLS faces up to Eastern realities
CLS suspends operational trials of the ruble and will delay the currency's adoption from its original November deadline
Corporates waste millions on currency accounts
New product should reduce costly corporate currency accounts
Ex-Citi Ramchandani returns to market, joins LCG
Ramchandani's hire follows a period out of the market after he became embroiled in the slew of accusations surrounding the global regulatory probe into currency trading
Carney: shortfall in reserves likely for independent Scotland
Division of UK reserves on GDP basis will leave Scots with 10% buffer – less than half of what is generally considered sufficient ‘to ensure credit flows freely and effectively', says BoE governor
US corporates prepare for Scottish vote
US corporates appear more active than their UK peers in mitigating FX market risk in case of a Yes vote in the September 18 Scottish referendum
ParFX launches buy-side push
First trade via prime completed on August 28, trial phase will run to four weeks