Regional
More global custodians approved as FX settlement banks by China
But list of eligible Bond Connect entities incomplete and some global custodians unable to provide CNY funding
SGX snaps up 20% stake in BidFX
Exchange invests $25m in TradingScreen spinoff, expects to boost liquidity by adding OTC to FX futures
Refinitiv to keep Klibor contract with Bank Negara Malaysia
The firm will continue to administer the country’s interest rate benchmark
PBoC issues 20 billion yuan of central bank bills in Hong Kong
Bills could be used to manage offshore yuan liquidity and stabilise exchange rates
Fragmentation keeps yen flash crash cause murky, says RBA
But points finger at double whammy of low-volume Asia morning and algo trading
Yuan takes key international step on Myanmar move
Yuan and yen added as trade-settlement currencies, as dollar use falls
Retail FX hots up in Australia as traders' risk appetite grows
Volatility in 2015 boosts retail activity, but traders prove fickle with platforms
Singapore grants LCH.Clearnet clearing house recognition
Clearing house expects tremendous demand once mandate kicks in
XTX Markets retains Chris Knight to lead Apac push
Knight's firm, Market Partners, will start working with XTX in late January
Best Bank for Australian Dollar: ANZ
The Australian bank has taken advantage of global players reducing their business in ANZ's core markets to strengthen its own presence there
Best Bank for Canadian Dollar: BMO Capital Markets
Proving itself a leader in its home currency, BMO Capital Markets now has its sights set on the renminbi
Best Bank for Scandinavian Currencies: SEB
SEB scoops the prize for trading Scandinavian foreign exchange
Best Bank for Asia, EM Asia and EM Emea: HSBC
HSBC continues to dominate emerging Asian and Emea currencies, and it is also voted best bank for FX in Asia-Pacific
EBS partners SGX to boost Asian FX footprint
Singapore Exchange-listed FX futures are set to be offered on EBS platforms, subject to regulatory approval
Spotlight on: Beng-Hong Lee, Deutsche Bank
Deutsche’s head of offshore renminbi in Shanghai talks to Joel Clark about his role in leading the bank’s efforts in the new currency, and where he believes the biggest opportunities and challenges lie
FX Week China: RMB internationalisation will take time
Significant progress has been made since 2010 in opening up renminbi to international participants, but it has to be done gradually, say speakers at FX Week China
FX Week China: Asia not immune to euro crisis spillover, warns IMF
"Home-grown vulnerabilities" could be a threat to Asian countries, including China, says IMF official at FX Week China event
ANZ pushes local presence across Asia
The Australian bank would like to become a top-five player in Asian currencies within three years, says global head of FX and commodities Eddie Listorti