Currency forward
China moves on currency
BEIJING - The Chinese yuan fell significantly against the US dollar in Asian trading today, as markets reacted positively to the People’s Bank of China’s plans to disband the US dollar peg.
SGX signs 14 banks for derivatives clearing
SINGAPORE - The Singapore Exchange (SGX-DC) has signed up 14 banks and three financial institutions for its Asian forex forwards and interest rates swaps clearing initiative, due for launch in the fourth quarter.
Thomson Reuters Spot Matching launches new Arab currencies
DUBAI – Thomson Reuters launched three new Gulf Co-operation Council (GCC) currencies in April on its Spot Matching system, in response to customer demand.
Bank of Canada salutes CLS
TORONTO - Bank of Canada became the latest monetary authority to publicly champion the success of industry utility CLS in ensuring the smooth operation of the foreign exchange market during the financial crisis.
Isda delays FpML version 5.0
Isda is running behind schedule in releasing version 5.0 of its financial products markup language (FpML).
FX volumes bounced back in 2009
Foreign exchange daily trading volumes rise in 2009.
Regulatory fears will boost offshore markets
Offshore markets to gain from regulatory arbitrage
Indian banks sign up for FX forwards central clearing
CCIL forwards clearing initiative sees slow take-up
India adds its angle to clearing debate
CCIL allows economics to drive change
Ten dealers sign up for India's FX CCP
CCIL soft launches with group of early adopters
The forex clearing debate continues
Saima Farooqi asks how likely it is that fx swaps and forwards will be swept up in the OTC derivatives reforms.
Tullett Prebon shines in FX forwards with EM shift
Tullett Prebon has triumphed as the number one broker for currency forwards, holding on to the mantle for the seventh consecutive year.
HSBC's risk focus pays off in forex forwards
HSBC retains its edge as the best bank for foreign exchange forwards as improved pricing and risk management ensured the bank was able to continue delivering liquidity during the credit crisis.
Smaller funds dead set on futures
A growing number of small fund managers are strongly considering switching out of forwards and into exchange-traded products to access the market for hedging and speculative purposes