Emerging markets
Mexican peso poised to dominate EM currency trading
Asian investors have been diversifying into EM currencies for some time, with the Mexican peso performing particularly well, but despite the potential for enhanced yield, emerging markets are not devoid of risk, banks warn
HSBC echoes call for greater official focus on offshore RMB
The FX market's fixation on the crises in the West has led participants to miss out on opportunities in offshore renminbi, and governments should give greater support to the currency’s development, HSBC believes
Credit Suisse EMFX options head to join Jefferies
Jefferies Bache has hired a senior trader from Credit Suisse to expand its FX options business in London
FX Invest latest edition now available
Read the about the latest developments in forex and cash management; alpha vs beta in currency; the true value of high-frequency trading and the challenges facing the emerging markets
FX Week Europe: Corporates go back to basics in tough market conditions
Regulatory change and the increasing costs arising from credit risk mitigation measures on the sell side are a growing concern, according to four corporate treasurers that spoke at the FX Week Europe conference
A reality check for emerging markets
Are things a little too good to be true in emerging markets? SLJ Partners’ Stephen Jen thinks so, and warns that healthy GDP figures are not telling the whole story of what lies beneath. Saima Farooqi reports
Integrate to accumulate
Increased volatility, lower availability of credit and emerging market expansion is accelerating the integration of cash management and FX, says Laurence Neville
Icap lands emerging markets award as NDF volumes grow
Icap has topped the spot-broking category once again and has also picked up the award for best broker in emerging markets, in recognition of its strength in NDFs
HSBC cleans up in emerging Asia and Emea
A strategic coverage in key emerging markets, coupled with its ongoing focus on onshore and offshore renminbi trading, has landed HSBC with a string of awards this year, including both emerging Asia and Emea
UBS veteran takes top FX sales role at RBS
After a year-long break from the industry, Ed Hulina joins Royal Bank of Scotland to head up FX and emerging markets sales in the Americas
CLS aims to double currency coverage by 2022
New chief executive David Puth answers the pressure on CLS to add to its 17 currencies by setting a goal of doubling its coverage over the next 10 years
GFI extends ForexMatch into Asian and African currencies
The interdealer broker is expanding the footprint of its forex derivatives platform by adding Asian and African currency pairs
Are currency managers adding value?
Latest edition of FX Invest now available
Treesdale launches emerging markets global macro hedge fund
Treesdale Partners has launched an emerging markets-focused global macro hedge fund managed by Tiger alumnus Yoon Chang and ex-Barclays trader Ashley Honey
The platforms of 2012: Thomson Reuters
Thomson Reuters has refrained from making the major changes to its FX platforms that rival EBS has made in recent years, but that allegedly unresponsive approach has to some extent been vindicated by the challenges EBS has faced. In the latest in a…
Stressed VAR will hit FX options, dealers warn
Certain forex options and exotics penalised by Basel 2.5, including emerging market currencies and double no-touches
UBS appoints EM FX options head
Robert Diehl, formerly of Royal Bank of Scotland, will join UBS in September, initially in Zurich before moving to Singapore early next year
Spotlight on: Douglas Pelton, Lufthansa
Douglas Pelton, treasury manager in the liquidity and risk management division at Lufthansa, talks about the German airline's currency exposures and the evolution of the e-FX business
Barclays reshuffles in FX sales as Howard steps up
Nick Howard has been promoted from head of FX and EM distribution to lead cross-asset distribution in Emea, while Jim Iorio will head global FX distribution
Emerging market central banks drive gold demand with reserve diversification
Mexico leads the way in reserve diversification in the first quarter
Questions raised over LatAm growth potential
Former head of FX macro sales at Goldman Sachs believes growth in Latin America may have reached its limit, despite widespread focus on currencies such as the Brazilian real
Spotlight on: Jaime Roblesgil, Citi
Citi’s managing director of markets and regional head of Latin America talks to Melanie White about the bank’s growth strategy in the region, and the changes in client appetite for emerging market currencies as a result of the crisis
Weighing up renminbi prospects
Despite the high-profile attention to London's potential as the western hub for renminbi business, central bank and corporate appetite for the currency appears lukewarm
Why the Q1 risk rally was a glass half empty
Following a risk rally in foreign exchange markets during the first quarter, several of the positive drivers of that rally have now dissipated. Looking ahead to the rest of the year, Callum Henderson explains why investors should continue to short…