News
RBA: stablecoins must wait until framework in place
Australian central bank says it may step up CBDC research efforts this year
Mike Harris leaves Campbell & Company
Former FX trader exits after working at the firm for almost 20 years
Bank of Thailand grapples with baht appreciation
Central bank relaxes FX regulations and cuts rates as baht hits six-year high
Johnson moves to Floating Point Group
Former FX trader worked in e-FX liquidity distribution at Tower Research Capital earlier in his career
Exchange rate pass-through patterns are changing – RBI paper
Pass-through in emerging markets is non-linear, asymmetric and falling, the authors find
Global Ficc COO exits Citadel Securities
After 13 years at Morgan Stanley, Nicola White joined Citadel’s New York office in 2016
ECB paper offers tiering solution to CBDC structural concerns
Separating CBDC functions could disincentivise use during crisis, but disintermediation of banking sector still a risk
BNP Paribas to launch e-FX pricing engine in Singapore
BNPP is latest bank to set up Singapore pricing engine; readies Cortex Live launch with AI and data tools
Bahamas rolls out first phase of CBDC pilot
Pilot will extend to rest of country after June, says governor Rolle, depending on Exuma and Abaco case studies
West Africa launches new currency in break with France
New ‘eco’ currency pegged to euro, but France will have less involvement in West African Economic and Monetary Union
EM forecaster of 2019: City Index
CNY could hit 7.5 in H2 2020 as trade doubts linger and time runs out for Trump
Eurochain: CBDC project seeks secure anonymity
Proof of concept blends anonymity with AML/CFT regulation
Banks look to virtual data warehouses to unify trading desks
Adding a virtual layer could help take the burden off the traditional data warehouse
G10 forecaster of 2019: Rabobank
Sterling’s future is still very dependent on Brexit-related developments, the bank says
Riksbank to work with Accenture on e-krona pilot
First year will see development of user interface for mobile, card and watch-based payments
CBDC talk has been “overhyped” – former RBI deputy
Focus on retail CBDCs is potential distraction from core central banking functions, says Sinha
First Ibor versus SOFR cross-currency swaps trades
Westpac and Citi strike BBSW/SOFR trade in landmark moment for Australian market
Schmidt heads Emea EMFX and rates trading at Credit Agricole
Markus Schmidt was formerly head of financial markets trading at Bankhaus Lampe in Germany
Lagarde promises wide-ranging review of ECB monetary policy
ECB to form digital currency task force as Lagarde calls for EU action on green finance
Banks step up stress-testing of Hong Kong dollar peg risk
Flurry of FX options trades make banks re-evaluate exposures
Central banks should collaborate on multicurrency CBDC – research
Lithuania’s central bank notes national CBDC projects will not solve global payment inefficiencies
Franz appointed CIO at State Street
Hire supports continued development of State Street Alpha platform
Volatility becalmed, trade in FX options plummets
With central banks in tandem on policy, market churn lessens considerably
New ‘currency’ aims to tackle failings of predecessors
Saga sits between a stablecoin and crypto asset, designed by a team including former central bankers