Foreign exchange
Sef volumes up slightly in May
Overall liquidity picture still fragile
FX manipulation not a "methodology" issue, says ECB
FX committees of major central banks in discussion about stronger co-ordination
HSBC gains permission to trade GBP/RMB in China
China's central bank says the move will make trade cheaper with the UK
Regulators to take steps on trade surveillance
Surveillance should go hand-in-hand with new benchmark regulations, says Markit’s Hesketh
Russian central bank eases ruble restrictions
The central bank is working towards a free-floating ruble exchange rate by 2015 and lifts restrictions as political tensions ease
MAS to offer overnight renminbi liquidity
Monetary Authority of Singapore says it will launch an overnight liquidity facility for the Chinese currency in July – latest step in growth of offshore market
TMS Brokers wins with spot-on euro forecast
TMS Brokers has a bullish outlook for the dollar against other major currencies on the back of US recovery
UK rate hike may come sooner than expected, says Carney
Incremental interest rate rise needed to match UK economic growth
Scottish independence not a threat to OTC contracts
Scottish government unlikely to force contract changes if 'Yes' campaign wins
CCPs clear less than 2% of NDF contracts
The appetite for market participants to clear NDFs is conspicuously absent, despite a number of CCPs offering the service
UK Treasury targets benchmarks, launches market review
Treasury also launches joint review of wholesale markets with BOE and FCA
China Construction Bank set to become London renminbi clearer
Announcement due during Chinese premier's UK visit next week
CRT Capital shuts FX agency desk
CFTC regulations and prime broker conservatism over them have led to the intermediary's closure, according to its FX head
FX Focus - Editor's Letter
Sef equivalency problems point to wider trust issues among regulators
Osborne speech will not trigger structural changes, say market particiants
UK chancellor George Osborne is set to announce new measures on currency trading tomorrow
City Index on the money with ECB timing
City Index took a less dovish view on EUR/USD than consensus forecasts for the three months to June
Morgan Stanley cuts two in FX sales
Staff leave sales team at Morgan Stanley
Sef equivalency "back to square one" as CFTC takes hard line
WMBA’s Clark worries for future of equivalency regimes
Concerns mount over USD/RUB benchmark
USD/RUB benchmark methodology said to be open to market abuse while plans to launch a rival hit choppy waters
ECB cut could bring back the carry
A rate cut and negative deposit rates from the ECB could bring back the popularity of the carry trade, strategists say
Price Markets launches Solid FX ECN platform
Both via GUI and API
Barclays cuts eight in FX sales, one in structuring
Senior departures in FX sales
US overtakes Taiwan as offshore RMB clearing centre
The value of RMB payments between the US and China jump 229% in the year to April 2014