Regulation
Transparency and control will be key goals in 2016
OMS provider Barracuda FX's chief executive says more needs to be done to prepare for the new regulatory landscape
FX set for year of change
"No-one's job got easier. And, fundamentally, I think a fair percentage of the market is reassessing how they approach their activities," says Phil Weisberg of Thomson Reuters
Digital Vega puts efficiency at top of agenda
Efficiency, transparency and reducing costs will be the key themes in 2016, says Mark Suter
Finma bans six former UBS employees
The Swiss watchdog issues six industry bans against managers and traders for serious regulation breaches in the FX and precious metals business
MiFid II delay gives market participants more preparation time
They should use the extra time wisely, says expert
Carlier scores partial win against Lloyds
The former trader wins his unfair dismissal claim, but the judge rules he made no protected disclosures. The decision limits the payout he can claim
Banks move towards active compliance
Banks are taking a less passive approach and striving to spot wrongdoing early on
Metcalfe exits Investment Association
As the trade body disbands its regulatory unit, Jonathan Gee also leaves
Adopt code or face regulation, warn central bankers
Market participants should embrace the new principles on conduct, say the ECB's Schiavi and Debelle of the RBA and BIS at the 14th annual FX Week Europe conference
Digital Vega reports biggest trading day as volumes surge
Medusa, Digital Vega's multi-dealer options platform, posts 59% growth in volumes for October
Best Banks Awards: Deutsche Bank scoops five wins
The bank triumphs in spot FX, structured products, the eurozone, EUR/USD and EUR/JPY
Best Banks Awards: 360T tops two categories
Recently acquired by Deutsche Börse, the Frankfurt-based platform sees the acquisition as an important milestone in the drive to diversify its customer base
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Best FX Clearing House: CME Group
Exchange and clearing house expects more clearing and growth in renminbi products
Best Bank for Australian Dollar: ANZ
The Australian bank has taken advantage of global players reducing their business in ANZ's core markets to strengthen its own presence there
Best Broker for Currency Options: Tullett Prebon
While regulatory concerns were its major preoccupation this year, Tullett Prebon remains bullish on FX options
Farewell to self-regulation, goodbye self-policing
With a global code of conduct for FX due in May 2017, participants are only too keen to see the back of an unregulated market
Former Citi trader wins unfair dismissal case
Perry Stimpson, dismissed in 2014 for serious breach of contract, has won his case against Citi
NY bank regulators outline cyber-security plans
High-profile hacking at financial institutions and tough action from lawmakers have provided a boost to a new cyber-security proposal that aims to bolster banks' defences against internet gangsters
CFTC's Massad commits to aggressive enforcement
Over the past two fiscal years, more than $4.6 billion in penalties have been imposed in 15 actions against banks and brokers to address benchmark misconduct
Abide Financial applies to become trade repository
The transaction-reporting firm may become the third-largest repository by volume; it also launches an accelerated Mifid II/Mifir compliance programme from January 2017
Sell side's appetite for intelligence tools increases
As compliance inches to the fore, more large banks are reaching out to providers of cognitive learning tools
FSB finds fault with derivatives trade reporting
Despite large volumes of trades being reported, some authorities have restricted access to data, which is often low quality; some jurisdictions are experimenting with new analysis
JP Morgan and UBS compress FX books via start-up
NYC-based LMRKTS first broke cover two years ago; the third bank participant is unknown