Foreign exchange
CFTC hears NDF workload fears
Some FX market participants are concerned by the potentially short timelines for preparing the industry fully for NDF clearing and possible liquidity implications
CMC Markets wins with bullish dollar view
The firm anticipates larger moves in the G10 on the back of increasing policy divergence between the major central banks
Renminbi set for more volatility, analysts say
More two-way volatility is expected and price swings could come close to those seen in the first half of 2014
360T sees record volumes topping $100 billion
Frankfurt-based FX platform's success due to widening client base and pick-up in volatility
Volcanoes, house prices and Draghi are main black swan events for 2015
Saxo Bank releases its annual prediction of unforeseen events for the coming year that could unsettle global markets
Trade repositories set to shake up pricing
Competition for contract renewals will heat up early next year
Saxo Bank Switzerland appoints new chief executive
Part of the institutional business will be serviced from London or Copenhagen in the future
FX volumes surge as BIS warns of emerging market fragility
Dollar strength could spell trouble for developing world economies
RBS wins with restrained view on G10 moves
RBS saw large price swings coming to a halt in G10 currencies
SunGard launches TCA solution for FX
SunGard cites the lack of a reference rate or regulated price venue as the main driver for developing the TCA tool
Westpac opens shop in Shanghai Free-Trade Zone
The Australian bank opens a branch in China's pilot financial area after both countries sign a key trade agreement and Sydney becomes a RMB hub
ACI pushes for adoption of global code of conduct
In response to stern words from regulators stating regulation is only avoidable with industry initiatives
FX liquidity, volatility and the FIFA World Cup 2014
The World Cup was characterised by unusual volatility conditions, differences in the provision of liquidity and extremes in its cost, and even an apparent ignorance of a couple of short squeezes in the making
Icap merges EBS with BrokerTec
Michael Spencer combines Icap's e-platforms for FX and fixed income
TriOptima and DTCC launch trade repository reconciliation service
Service will allow clients to match reported over-the-counter trade details
CME ups bid for GFI as competition for broker heats up
CME has stepped up its interest in GFI Group by increasing its bid for the company, as it hopes to complete a buy-out in 2015
Saxo Bank on top after forecasting yen and euro weakening
The bank forecast the divergence in monetary policy between major central banks raising the US dollar against the euro and the yen
Markets are exaggerating FOMC dovishness, says Goodhart
Charles Goodhart says market participants should fasten their seatbelts and prepare for a bumpy ride as central banks tighten monetary conditions
Benchmark charge does not solve the problem - FX Week Europe
The buy side has questioned the decision by some banks to charge for fix orders, following regulatory fines topping $4 billion
Banks would love to get benchmarking ‘off their plates’ - FX Week Europe
Barclays trader says banks would support a netting utility for fix orders
'Last look' damages profitability, say technology vendors – FX Week Europe
FX Week Europe panellists argue 'last look' is not helping the market to price clients realistically as margins continue to be squeezed
Corporate hedging is all about discipline - FX Week Europe
Pedro Jimenez highlighted the importance of sticking to hedging policies and keeping close to the market
‘Distortion’ of free fix must end – FX Week Europe panellists
Benchmark charging must be introduced to curb manipulation, say FX Week Europe panellists
FCA warns of more fines if culture does not change – FX Week Europe
McDermott delivered a sobering address to FX Week Europe market participants