Foreign exchange
Renminbi becomes fourth most-used payment currency
The Chinese currency overtakes the yen with a share of 2.79% in global payments by value
CLS CEO to brief market participants on code of conduct progress
David Puth will speak at an ACI America event in late October in New York
FXSpotStream targets Asia-Pacific region with Bank of Tokyo-Mitsubishi addition
There are now 12 contributing banks in the aggregator's diverse pool of liquidity providers
Deutsche Bank launches FX positioning indexes
The indexes, published every Wednesday, will provide information on the particular positions investors take on certain currencies
FXCM investigates scope of hacking incident, maintains silence on details
Tightlipped about much of the details of the recent system breach, FXCM said it is investigating the scope of the cybersecurity incident with a leading cyersecurity firm
China launches long-awaited cross-border payments platform
PBoC announces launch of China International Payment System, marking big step towards renminbi internationalisation
IMF foresees ‘lasting upswing' in US dollar
Updated flagship report warns EM corporates ‘natural hedge' against stronger dollar could become redundant if energy prices continue to slump
Molten Markets acquisition completes EBS's institutional offering
EBS BrokerTec now offers all types of OTC FX products to all institutional clients
Scotiabank makes on-target call on greenback's strength
Diverging monetary policies and gauging the willingness of central bankers to act relative to their counterparts helped Scotiabank to nail down the appreciation of the dollar against some of its peers
Indian rupee strengthens on rate cut
India remains a ray of sunshine amid cloudy emerging markets, as Reserve Bank of India cuts rates for the fourth time this year
FX rates still have a strong impact on trade flows, says IMF
The IMF report concludes that exchange rates and trade flows are still connected
FSB report finds mixed progress on benchmark reforms
Report welcomes ‘good progress’ on many recommendations, particularly surrounding London fix, but identifies room for improvements
Market volatility drives FX revenue
Macro-volatility is the driving force behind the increase, as it prompts clients to hedge
Orca SMT unveils FX product to help salespeople
Orca SMT has launched a new FX trade execution interface that aims to provide a tool for salespeople to better price their clients at the point of trade
R5FX goes live with pesos and real
EM platform opens its first three currencies to live trading
Northern Trust targets investment managers with CompleteFX platform
Geared at investment managers, CompleteFX allows for the outsourcing of FX processing and execution
Monex Europe wins with dollar call
A fundamental case exists for dollar strengthening, but downside risk is building over the short term for the greenback
Currency funds maintain positive returns in August
The US dollar was down for the month as safe-haven demand shifted to the euro and the yen
FX professionals choose LinkedIn
The social media tool of choice is not being used for communication purposes but more for information gathering
China eases cross-border cash-pooling restrictions
Beijing increases the amount that international firms are allowed to pool in the Shanghai free-trade zone five-fold, making it easier for them to circumvent capital controls and manage liquidity
FXecosystem launches visual monitoring tool
The new product allows users to monitor network and market data flows in real time
FastMatch offers one-to-one trading for $1 per million
The platform extends its FX offering to direct trading
FX Week Asia 2015: the pictures
More than 200 delegates attended the conference at the Westin hotel in Singapore on September 11
Saxo's Christensen steps down as co-CEO
After 20 years at the bank's helm, Lars Seier Christensen takes a step back, but will remain a significant shareholder