FX clearing
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
Eurex faces more delays to cross-currency swap clearing
Clearing house eyes June release; dealers voice concerns over liquidity and margining
CFH Clearing promotes Groves to head of European sales
Paul Groves tapped to lead growing sales team in European push
Cleared swaps grow 10 times faster than bilateral at HSBC
FX derivatives notionals rise $1.3 trillion (21%) to $7.6 trillion
CME clears FX cash-settled forwards for first time
Service debuts in January with two EUR/USD trades
Evia: rising capital costs to encourage mergers in 2019
Trend of mergers and acquisitions in FX industry set to continue, says Alex McDonald
Two banks sign up for ForexClear compression
New service brings greater capital and operational efficiency to FX market participants
Best Banks Awards: LCH
LCH takes the Best FX Clearing House crown at the 2018 FX Week Best Banks Awards
Outstanding OTC FX derivatives notional at all-time high – BIS
Clearing of FX contracts and gross market value of over-the-counter FX rises in H1 2018
BidFX joins MarkitServ’s FX network
The firm expands range of post-trade processing services it offers clients
CLS onboards Japanese funds
Japan-domiciled funds gain access to settlement through CLS as third-party participants for first time
SGX’s Lam in bid to bring together two worlds
SGX set to launch FlexC FX Futures in August, with the aim of combining the best that OTC and futures have to offer
LCH launches FX options clearing
The first clearing service for deliverable FX is available initially for eight currency pairs
Awards: CME Group
CME Group has been voted the winner of two categories at the 2018 FX Week e-FX Awards
XTX: transparency, clearing and relationships will dominate
In 2017, clients rediscovered the value of relationships, but priorities are likely to change in 2018
ForexClear prints new record, clearing more than $100bn in one day
And recently launched G10 NDF service clears over $700m in a month
Cost of credit no longer about the end-client, panellists say
Instead, it reflects the cost of major participants taking risk amongst themselves due to margin rules
Seven sign up for CME’s over-the-counter NDF-clearing launch
The exchange is set to launch the service in the first quarter of 2018
Nex optimises post-trade OTC FX with direct clearing connectivity
By removing secondary matching, Nex optimises post-trade workflow and maximises benefits of clearing
Maguire becomes chief executive of LCH Group
He steps into his new post immediately, following Suneel Bakhshi's decision to step down
CME to launch spot FX basis spreads
The CME FX Link will create the first central limit order book between OTC spot FX and CME FX futures
London Stock Exchange Group boosts LCH stake
LCH’s activity has ballooned over the past 12 months, with its ForexClear platform clearing more than a trillion dollars’ worth of non-deliverable forward trades in August