News In brief
CME hits year high
The Chicago Mercantile Exchange (CME) had its best trading day for 2009 last Wednesday (June 10), with more than a million foreign exchange contracts traded, worth a total of $130 billion. The CAD/USD pair set an all-time record of 140,892 contracts, with a notional value of $12.7 billion.
Swift launches in equities and FI
Swift's foreign exchange matching platform has been transferred to fixed income and equities and will be used by a group of leading banks.
Citi, Credit
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More on Foreign Exchange
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%
Spot volumes on platforms resumed downward trend in 2019
But an uptick was seen in FX swaps and forwards submitted for settlement
PBoC extends market closure as coronavirus spreads rapidly
Chinese central bank extends interbank markets closure and vows to maintain ample liquidity
