Bank of England
Global FX volumes climb off record highs
But still manage to grow year-on-year in April
European currency-hedged funds set for inflows
But UK counterparts will continue to struggle to attract new money
Salmon responsible for FX while Cross successor appointed
Cross leaves head of FX role after six years
Saxo wins with long-term dollar forecast
Danish bank moves to top with close call on dollar strength
Market participants cheer FEMR recommendations
Dealers, customers and platforms all welcomed the outcome of the long-awaited review
Industry welcomes UK's FEMR recommendations
Significant change likely in wake of UK's Fair and Effective Markets Review
Spot FX to come under statutory rules – FEMR
The UK's Fair and Effective Markets Review recommends wide-ranging changes to certain FX business practices
FEMR will ban stop losses being offered for free
Review also set to ban use of last look without intention to trade
Central banks agree high-level FX guidance
Updated guidance will provide principles for market participants
FEMR responses show split on last look debate
Market participants are split on how and if last look practices should be regulated
Swiss franc move at forefront of BoE’s agenda
BoE official Andrew Hauser is set to give industry participants an insight into Ficc market reform at an industry conference today
October saw FX turnover reach new heights
UK foreign exchange volume rose from $2.4 trillion in April, while FX spot and options were the main winners across jurisdictions
Markets are exaggerating FOMC dovishness, says Goodhart
Charles Goodhart says market participants should fasten their seatbelts and prepare for a bumpy ride as central banks tighten monetary conditions
FCA to probe possible conflicts in barrier options
The UK's Financial Conduct Authority will examine possible conflicts in the trading of foreign exchange options; some participants avoid these products in thinly traded markets
IMA's Metcalfe joins Bank of England FXJSC - minutes
Richard Metcalfe joins the UK central bank's Foreign Exchange Joint Standing Committee
Mallett dismissed from Bank of England
Grabiner report unveils transcripts of conversations between Mallett and market participants discussing "matching off" trades
Liquidity concerns still haunt Ficc
The cost of maintaining Ficc market-making operations outweigh the benefits for banks, leading to fears that a market event could have serious consequences
UK launches probe into banking sector competition
The investigation will assess whether the retail-banking market is too concentrated, with barriers to entry and opacity under scrutiny
Fair and Effective Markets Review launches Ficc consultation
UK regulators publish a consultation document seeking feedback from participants on how to restore confidence in fixed income, currency and commodity markets
Bank of England resumes settlement after 'technical issue’
UK’s high-value payment system was ‘paused’ for several hours Monday, but is now back up and running; central bank extended opening hours to deal with backlog
UK benchmark-rigging laws to extend to FX
Government launches consultation on wider criminalisation of benchmark rigging
Scottish vote triggers short EUR/GBP bets
Strategists expect the pound to gain against the euro, as policy divergence between the UK and the eurozone favours sterling
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
Clients switch off dealers using aggressive last-look strategies
Market-makers using aggressive last-look strategies face backlash from buy side