Non-deliverable forward
New Change FX offers mid-rate in NDFs, forwards and restricted currencies
Announcement comes ahead of implementation of Priips rules on January 1
FXSpotStream hires San Pietro; adds State Street
Tom San Pietro, former CEO of LavaFX, joins FSS in newly created role
CME's Pandit: NDFs and FX options in focus
CME Group gears up for launch of cash-settled FX options clearing in Q4 2017, following a busy first half
Malaysian central bank slams Ice and SGX over ringgit futures
Making them available offshore goes against foreign exchange rules, says Bank Negara Malaysia
Euronext completes FastMatch acquisition
Exchange operator receives regulatory and anti-trust approval to continue muscling its way into FX
Thomson Reuters completes Mifid II desktop enhancements
The firm starts onboarding clients to its improved multilateral trading facility
Banks turn to synthetic derivatives to cut initial margin
Options-based instruments can halve initial margin for some non-cleared products, say dealers
FastMatch to hike rates from July
Following its $153m acquisition by Euronext, the platform has a clear path to expand into Europe and Asia
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
MarkitServ sees tenfold hike in NDF clearing volumes
The firm is in a test environment with FX options and believes they are a candidate for Q4
Hotspot gears up for NDFs following forwards launch
Venue set to list NDFs on-Sef in the coming weeks, after completing the first anonymous outright forwards trade
Tradition and LMRKTS deliver initial margin optimisation
The two firms conducted a live run, resulting in the processing of 132 sides of trades within eight minutes, nine seconds
High-volume products will move to clearing
Capital and bilateral margin rules will increase pressure on the most-traded products to shift to clearing
Bloomberg launches executable NDF streaming
Standard Chartered is the first bank to provide streaming rates for the product
More options from LCH next year, as NDF volumes boom
LCH is voted the winner in the Best FX Clearing House category at the 2016 FX Week Best Banks Awards
Ringgit NDF market collapses after central bank curbs
"Implicit threat" to banks active onshore if they continue trading non-deliverable forwards
Buy-side FX trading curbed as margin rules take hold
Prime brokers will cut off access to dealers if they fail to agree revised CSAs
Uncleared margin kick-in raises clearing-house rules
In the run-up to the new rules coming into force in the US and Japan, volumes surge on ForexClear
GFMA requests uncleared margin delay in the US
Bifurcation of liquidity and major impact on FXPB cited for call
Options clearing on track, says LCH's new head of FX
While options clearing is still in the pipeline, cleared NDFs peak
TJM hires two for sales team
Foreign exchange intermediary firm pulls talent from Jefferies and CIBC as it embarks on FX business diversification
GTX Sef receives CFTC approval
Registration go-ahead replaces temporary nod from US regulators
R5FX goes live in Singapore
Trading begins on the platform, following authorisation from the Monetary Authority of Singapore
On-Sef FX volumes slump to year lows in December
End-of-year numbers down a quarter from the highs of March