Regulation
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
Court grants ECU’s data application in HSBC case
Judge rules that HSBC should hand over data to ECU group after the manager's pre-action disclosure request
European Commission backs FX forwards margin exemption
Need for change is “undisputed”, official says, but short-term relief expected to come via forbearance
Mifid II – The final sprint to FX compliance
This webinar explores the race to Mifid II compliance, in particular how flexible cloud-based FX solutions can carry firms to the January 3rd finish line
Banks reportedly preparing to settle EU FX probe
Barclays, Citigroup, HSBC, JP Morgan, RBS, UBS and two other institutions set to pay out billions of euros, according to Financial Times
FCA to publicly recognise selected codes of conduct
Regulator launches consultation on its proposals to supervise SM&CR rules and says public recognition will encourage adherence
DFS hits Credit Suisse with $135m fine
Department of Financial Services issues consent order, listing FX misconduct and abuses that potentially affected customers for years
Thomson Reuters commits to FX Global Code
The venue joins a number of early adopters in pledging to support better behaviour in the currency market