Foreign exchange
Uptick for Thomson Reuters’ volumes
Overall volumes for all transaction types rose to $350 billion, but spot volumes decreased from the previous month
Saxo Bank seeks to recover negative client balances after repricing trades
Group CFO says the bank's priority is to deal with the situation in a "fair way"
Settlement hopes boosted by US court decision
Judge throws out banks' plea to dismiss FX class-action lawsuit, bolstering the likelihood of more settlements
Moscow Exchange to increase ruble tick size
Alteration follows a recommendation by the Russian exchange's FX market committee in November
Analysts see volatility but no contagion after Greek vote
The election results are viewed as a mandate to seek a tough renegotiation of the bailout, but strategists still consider a worst-case scenario unlikely
Hungary and Poland resilient to SNB action
Despite FX exposure to CHF in Hungary and Poland, the region is safe against exchange-rate swings
Further euro weakness expected after ECB announcement
The open-ended programme could lead to EUR/USD trading at 1.09 by the year end, say strategists
ECB QE programme priced into FX market
The market expects around €500 billion of QE from the ECB, which could result in euro appreciation
Monex Europe expands with Madrid opening
The currency broker opens a new office in Spain in a bid to widen its presence in mainland Europe
AUD/NZD lows will not last
Growth, carry and commodity prices have given the Kiwi the upper hand, but ultimately, the Aussie should gain support from the stabilisation of asset markets and commodity prices
BNP Paribas wins on policy divergence theme
The bank expected the euro and the yen to lose ground against the dollar on the back of the major central banks' policies starting to diverge
Currency markets brace themselves for week of turbulence
The European Central Bank's forthcoming meeting, elections in Greece and the Swiss National Bank's change of tactics point to rising volatility
EUR/CHF stabilises as FX brokers reassure investors
The Swiss central bank removes its 1.20 floor in EUR/CHF, and lowers deposit rates and Libor targets further into negative territory
BGC and CME make further offers for GFI
GFI Group to vote on offers on January 27, as CME Group and BGC Partners continue to battle it out for the US broker's assets
EBS partners SGX to boost Asian FX footprint
Singapore Exchange-listed FX futures are set to be offered on EBS platforms, subject to regulatory approval
Richards joins Morgan Stanley in London
US bank hires Thomas Richards as executive director in FX options, reporting to Thiago Melzer
FX leads the way in buy-side technology spend – Greenwich
Greenwich Associates 2014 Trading-Desk Optimization Study shows FX desks on the buy side have upped their technology spend
Moex FX volumes ticked 52% higher in December
Derivatives and foreign exchange were the most active markets on the Moscow Exchange
Senate approves margin carve out for non-financials
Overwhelming 93-4 vote clarifies corporate treasury units are not bound by rules requiring margin to be posted on non-cleared swaps
Saxo wins with persistently bullish USD call
The bank ignored calls for a dovish outcome to the FOMC meeting and considers the recent bout of 'risk off' sentiment as temporary
Greenwich flags top market structure themes for 2015
Continuous FX benchmarks, potential advances in NDF clearing and electronic chat rooms among top issues for year ahead
Lawyers gear up for cases in Europe and 'last look'
The co-lead in the US class-action lawsuit expects more cases in Europe and for other areas of trading to come under scrutiny
The euro will continue to weaken
EUR/USD will trend towards 1.15 amid renewed break-up fears in the eurozone and the union entering deflation
Broadridge acquires TwoFour Systems
Global investor communications and technology giant Broadridge moves to secure FX vendor TwoFour Systems, along with its parent company's CEO