News
Renminbi set to outdo yen in offshore trade, brokers say
Liberalisation of Chinese currency laws is attracting investors to a fast-developing market
Citi goes live with Fix API
Bank announces first customer for spot FX pricing plug-in
Head of FX trading quits Nomura
James Pearson had joined the Japanese bank from Lehman Brothers in 2008
Saxo steps up options pricing on SaxoTrader
Danish investment bank reduced spreads on FX options in mid-May and created new standardised account structure
Central banks in 'uncharted waters', Lamfalussy tells ACI Congress
Former BIS chief recognises challenges facing central banks, but praises the ECB for its performance during the financial crisis
Deutsche Bank launches DXY ETNs
Now listed on NYSE Arca as UUPT and UDNT
Katz quits StanChart for BBVA
FX trading head will remain in Hong Kong with the Spanish bank
Deutsche's Autobahn spin-off plan shelved
Dodd-Frank caused Deutsche to look at reinventing its Autobahn platform as a Sef – but dealers now see a future for their platforms as price aggregators
Industry welcomes European Parliament recognition of FX
Amendments in Econ version of regulation stress the importance of settlement risk and existing market infrastructure
Barclays Capital promotes White
Ian White becomes head of European corporate e-FX sales
CCPs should become direct members of CLS, poll suggests
72% of poll respondents call for CCPs to join CLS to ensure settlement risk continues to be effectively managed when mandatory clearing is introduced
Sahni sabbatical creates vacancy at BAML
Possible replacement could be ex-Goldman Kevin Connors
Gain Capital targets mid-tier investors with prime-brokerage offering
Online FX broker steps into prime brokerage with GTX Direct platform
HSBC loses Boehler and Smart in London
UK bank also appoints Danny Wise from Barclays Capital and Steve Rendon from Morgan Stanley
Ogg’s new venture to tap 'huge' demand for best execution in FX
Industry veteran targets lack of technology to allow institutions to be sure of achieving best execution in foreign exchange
Thomson Reuters names new sales and trading head
Shanker Ramamurthy succeeds Mark Redwood, who left last year
Sandoz to replace Yanez as Credit Suisse FX head
Steven Yanez will retire from the Swiss bank next month after 18 years
South Korea imposes cap on FX forward positions
Joint statement made by Korean authorities on May 19
CFTC rulemaking narrows field in repository race
CLS decides not to pitch to become FX repository provider after CFTC rulemaking demands extra granularity and timeliness in data reporting
Bank race for offshore renminbi gathers pace
RBC Capital Markets goes live with CNH platform as Deutsche Bank claims new records
Cloud Trading Technologies adopts Microsoft cloud for FX product set
Cloud FX will leverage Microsoft's Azure cloud technology to deliver FX trading applications in a virtual format
JSE to launch exotic can-do currency options
Move follows the successful launch of any-day expiry options in February