Moscow Exchange
Ruble turmoil prompts calls to fix NDF contracts
Some market participants want to see offshore fixings as an option in all standard documentation
Moscow Exchange expands Asia and Middle East presence with Avelacom
Co-operation with tech firm lets exchange improve PoP in London, reducing latency by five milliseconds
Morgan Stanley invests $15 million in Integral
Cash injection enables Integral to pursue platform expansion across broader set of currency participants
LCH and Moscow Exchange sign up to Code
The clearing house and exchange pledge to abide by the FX Global Code’s principles when conducting business
Cost of credit no longer about the end-client, panellists say
Instead, it reflects the cost of major participants taking risk amongst themselves due to margin rules
Fluent partners Moex for FX integration and testing
Low-latency provider will streamline secure access to Moex UAT integration and testing environment
Challenger platforms hot on the heels of legacy peers
FastMatch's volumes doubled year-on-year, while GTX saw volumes rise 50% over the same period
Apac overtakes Emea for exchange-traded FX, says WFE
The move is largely due to higher volumes of rupee futures and options being traded on India’s exchanges
Spot volumes rise in March
Secondary venues see robust volumes; primary platforms also tick higher
FX platforms finish 2016 on a flat note versus the year before
Despite spikes in June and November, over-the-counter FX trading was subdued
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models
Yaroyov heads up e-markets distribution at Sberbank CIB
Vladimir Yaroyov joins from Moscow Exchange, where he was head of FX
Ruble emerges as biggest loser in BIS rankings
Offshore trading is slowly picking up, but remains half as much as pre-Crimea levels
Platform volumes dip in July, but grow year-on-year
ADV inch lower for institutional FX venues after a Brexit-boosted June, but there is still growth, compared with 2015
FX volumes inch higher in April
Over-the-counter volumes were up on the whole, but FX trading on-exchange was generally down
Moscow Exchange rolls out deliverable ruble futures
USD/RUB, EUR/RUB and CNY/RUB will now be available
Moscow Exchange joins Markit's FX trading network
Global firms will be on-boarded faster on Moex than via API links
Breaking down the barriers
With parts of the over-the-counter FX market acquiring exchange-style characteristics, the exchanges themselves are becoming more customised
BofAML becomes first non-resident clearing bank on Moscow Exchange
The US bank is due to begin clearing activities this month
FX trading volumes end 2015 on down note
While FX volumes were generally down, record trading numbers were achieved on exchanges
Transparency needs to be balanced by choice
The drive for greater transparency should focus on behaviour and risk management