Foreign exchange
Yuan falls to one-month low after PBoC rate cuts
The currency's weakening signals investor wariness over developments in China; analyst says ‘record' outflows are feeding through to the offshore forwards market
CLS and TriOptima launch FX forwards compression service
TriReduce FX for forwards and swaps reduces notional outstanding volumes and minimises counterparty credit risk
Connery's James Bond gained more sterling for his buck
He enjoyed more Martinis per pound than any of his successors
RBS lands top spot with on-target EUR/USD call
Projections of the FX market entering a holding pattern in the short-term prove true
Buy side demands new relationship with sales
Firms want more market colour and a change in the role of salespeople
Former Barclays trader gains access to FCA evidence
The tribunal's decision could change how the FCA carries out investigations and publishes its findings
Bank of China launches renminbi-trading centre in London
The capital becomes the bank's second-largest offshore trading centre after Hong Kong
US banks see declining Ficc revenues in Q3
It is the second consecutive quarter to see falling revenues for fixed income, commodities and currencies
RBA exchanged $143bn in FX swaps last year, figures show
The Australian central bank uses tool to manage domestic liquidity and short-term reserves amid unprecedented exchange rate volatility; cuts euro from reserves
Citi and Equiniti rejoin forces
The two companies sign a global payment mandate
CME and CCB sign memorandum of understanding
The two companies will offer offshore renminbi future contracts with physical delivery in London
Market abuse law could be extended to cover FX in South Africa
Its review of FX practices finds no evidence of manipulation though
US softens rhetoric on renminbi ahead of SDR review
The Treasury drops its "significantly undervalued" reference in its flagship report to Congress on foreign exchange rate policies ahead of next month's IMF review
BMO hits cable jackpot on strengthening dollar
Risk-off supported dollar rather than a Fed rate hike
Banks seek greater insight into their trading activity
Surveillance tools can provide firms with a better understanding of the activities taking place within their organisation
Deutsche Börse completes 360T acquisition
Key features of the deal include a new ECN-type trading venue for FX spot with derivatives instruments a possibility
Renminbi internationalisation slightly delayed by stock market rout
Panellists at the 6th Pan Asia Regulatory Summit say Chinese regulators held back after stock market turmoil
China and Singapore expand cross-border renminbi channels
Initiative allows Chinese companies to raise RMB debt in the offshore hub, while making it easier for Singapore banks to deploy RMB liquidity; Singapore also eases exchange rate path
CFH Clearing launches new liquidity service
The new liquidity service gives CFH clients access to tier 1 banks, multilateral trading facilities, electronic communications networks and multi-dealer platforms
Bank of Japan launches updated payments platform
New BoJ-NET system live today, days after launch of China's Cips platform, and renminbi surpasses yen as global payments currency
FastMatch completes first disclosed trade on its platform
Market makers using the venue for disclosed trading can customise FX solutions for customer's needs
Forex liquidity transformation post-SNB
Liquidity in the wake of the seminal moment in January 2015 fell considerably, but volatility inched up, explains Wayne Roworth
Central bank view gives Informa top spot
The firm rightly foresaw a stronger dollar and a weaker yen
Trading volumes off post-RMB devaluation highs
While volumes were down on most platforms, currency pairs such as the USD/RUB and USD/CNY saw an uptick in trading