Currency
Swaps platform aims to cut out the banks – but not entirely
Peer-to-peer newcomer FX HedgePool targets asset managers’ month-end hedging activity
Malaysia has triumphed in FX reforms – but what comes next?
Relinquishing currency controls will be a much harder task
Jittery ringgit spurs options growth in Malaysia
Local corporates seek new hedging tools, but longer-term options liquidity lacking
Investors trade the drama out of the crisis
How LGIM, AXA, Manulife and other buy-siders tackled the toughest markets since 2008
Applying Mifid to spot FX could backfire, warns MEP
EC would need to make "very compelling case" to draw spot market into wider regime, says Ferber
Covid-19 could spur central bank digital currencies – BIS
Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed
Seeing red over blue-chip swap in Argentina’s NDF fiasco
Emta protocol salve aside, peso settlement rate snafu is a warning for emerging market FX derivatives
FX data shows hold, reject divide in G10 vs the rest
Use of analytics can help reduce last look and improve FX Code adherence, says EBS executive
FX HedgePool goes live with three buy-side firms
Two US buy-siders trade with European firm on peer-to-peer utility created for them to source liquidity from each other
Morgan Stanley more than doubles Q4 Ficc revenues
All US banks see Ficc revenues improve substantially in Q4 versus a year ago
PBoC signs Laos currency settlement agreement
Deal comes as Chinese authorities push for greater global use of renminbi
West Africa launches new currency in break with France
New ‘eco’ currency pegged to euro, but France will have less involvement in West African Economic and Monetary Union
Banks step up stress-testing of Hong Kong dollar peg risk
Flurry of FX options trades make banks re-evaluate exposures
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
SVB Financial Group invests in TickTrade Systems
Parent company of Silicon Valley Bank partners Toronto-based fintech to strengthen FX offering as client base goes global
JP Morgan trader Aiyer guilty of price-fixing conspiracy
Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market
iBanFirst expands with NBWM acquisition
More than 1,000 clients will gain access to a variety of FX products and services
BNPP appraisal challenges Katz’s credibility
Former trader’s supervisor highlighted poor performance on FX swaps and bad risk management in 2011 review
Katz pushed complicated trades off on Aiyer
Former Barclays trader lost large trade when defendant delayed pricing it for him
Jason Katz: ‘I wasn’t ready to admit what I had done’
Taking the witness stand, former trader admits he was initially untruthful to DoJ
Cummins walks back co-ordination comments
Chris Cummins confronts insecurity with certain currencies and trading styles as defence pulls back curtain on chat snippets
Cummins: ‘I didn’t surrender all the details’
Key witness in criminal case against Aiyer admits lying after agreement that his words won’t be used against him at a subsequent trial
Ex-JP Morgan trader on trial for rigging
Justice dept claims fake trades duped market but defence argues against overly simplistic view
Morgan Stanley leads US bank peers in Q3 Ficc revenues
Unlike other US banks, Morgan Stanley’s Ficc revenues made significant gains on a quarterly and yearly basis