Regulation
Cartel lawyers to argue for case dismissal on January 29
The legal representatives of Ashton, Ramchandani and Usher will ask a federal judge to throw out the case against the three men
FCA sees 'serious risk of harm' in CFD products
In a letter addressed to the chief executives of CFD providers and distributors, the UK watchdog highlighted several areas of concern
China reportedly tweaks yuan fix
Markets reacted by selling the yuan, which fell 0.5% against the US dollar to 6.5291 from 6.4968 on Tuesday – its biggest drop in two months
ANZ signs up to FX Global Code
The Australian bank commits to the principles of good behaviour
China’s FX reserves reach highest level since September 2016
PBoC figures show $20 billion increase, bringing total reserves stockpile to 14-month high
WMBA rebrands as Evia
Decision reflects changes at the industry association following the implementation of Mifid II
LMAX Exchange Group separates MTF and broker businesses
On the day that Mifid II goes live, the exchange separates services it offers to comply
Deutsche Bank: FX Code and disclosure to dominate
Adherence to FX Global Code of Conduct will be a key focus
JP Morgan: electronification, algos and control will be key in 2018
More electronification is on the cards, not only in terms of execution, but also workflow
Citi: scale is vital in an increasingly fragmented environment
The push for more automation is also being driven by rising costs and more fragmented markets
BNP Paribas: evaluating tools and practices to be big theme
Following a year of intense preparation for Mifid II
Barclays sees renewed momentum and innovation in 2018
Mifid II and Global Code give FX market the impetus to improve transparency and efficiency
GFMA sees Mifid II as an opportunity for dealers
Dealers will review their strategic decisions in 2018
BNP Paribas signs up to FX Global Code
The French bank is the third lender to sign a Statement of Commitment after Barclays and Saxo Bank
GFXC publishes final word on last look
The GFXC has released the new and final version of Principle 17 and added two examples to illustrate best practice
Thomson Reuters launches MTF
The new MTF will provide FXall and Forwards Matching users with a compliant source of liquidity
China FX reserves rise 10 months in a row
PBoC figures show $10 billion increase, bringing total reserves stockpile to 13-month high
BNY Mellon to become a systematic internaliser
The bank will become an SI under Mifid II, taking on post-trade reporting obligations for clients
Video interview: Harpal Sandhu, Integral
Harpal Sandhu, CEO of Integral, discusses the priorities of his organisation and its clients in the run up to Mifid II implementation
Regulations often neglect FXPB, panellists say
Post-crisis regulatory efforts tend to focus on core market-making, leaving credit intermediators in a confusing limbo
EU sparks hopes of securitisation margin reprieve
Optimism over EU Council amendment, but Parliament will still have to approve
ECB and 14 peers commit to the Code
Bank of England and rest of the European Union central banks set to follow suit in early 2018
ECU claim for data is not speculative, says judge
The details of which data will be handed over have not been determined
