Trading
G10 FX revenues sink to lowest since 2006 – Coalition
Revenues in H1 2017 fell to their lowest level since Coalition launched its Investment Banking Index in 2006
Nippon Life gains third-party access to CLS
The life insurer is the first non-bank financial institution to settle FX trades with CLS in Japan
EUR/USD set for correction, but not a reversal – ABN AMRO
The firm expects some near-term profit taking, pushing EUR/USD towards 1.15
EM currencies to appreciate against dollar, says Wells Fargo
Emerging markets units could firm up as greenback experiences trend weakness
Lacklustre dollar will help EUR/USD climb – CBA
EUR/USD is expected to trade at $1.20 by mid-2018 and hit $1.30 on a longer time horizon
Malaysian central bank slams Ice and SGX over ringgit futures
Making them available offshore goes against foreign exchange rules, says Bank Negara Malaysia
In the long run, it's euro over dollars, says UBS
The dollar could see some short-term rebound, but over a longer time horizon the single currency has the better prospects
Saxo Bank CEO Kim Fournais: The technology artist
For 25 years, Saxo Bank has been introducing new trading technologies, thanks to Kim Fournais, its CEO
ING launches EM-USD indices on Bloomberg
The indices are tradeable benchmarks covering 12 emerging market currencies
Currenex and EBS mull venue-hosted last look
Platforms consider becoming third-party operators of last look to separate the function from liquidity providers
Euro bull run is far from over – Danske Bank
EUR/USD expected to trade at $1.22 by H1 2018
London FX trading at three-year high, despite Brexit
Turnover hits daily average of $2.44trn in April, 12% higher than in October 2016 and up 10% on a year ago – Bank of England
CME moves to build liquidity in new FX futures contracts
The firm is switching on implied functionality to link spreads and outright markets
Brexit economics keep Morgan Stanley bullish on cable
Strategists encouraged by Prime Minister May’s bridge-building with corporate Britain, among other things
EM/USD has upside over medium term – Wells Fargo
Most EM currencies will have moderate appreciation against US dollar, but BRL or MXN could be more affected at margin
India’s public-sector corporations adopt Bloomberg FXGO
Firms include Gas Authority of India, Rural Electrification Corporation and ONGC Videsh
The sun keeps shining on the euro – NAB
The single currency is benefiting from a spell of newfound optimism, says the Australian bank
ECB: bulk of euro trading will stay in London after Brexit
In its annual review of the single currency, the central bank says any shift from the UK to the EU will be gradual
Nex Optimisation launches automated credit-rebalancing tool
Rebalancer, developed in partnership with Citi, enables dynamic allocation of credit across ECNs
Sterling to stay under pressure – CIBC
GBP/USD expected to trade at 1.27 in Q3 and 1.32 by 1H 2018
Investors’ taste for EM depends on central bank actions – ABN Amro
How major central banks undertake monetary policies will determine whether some emerging market currencies can thrive
Banks turn to synthetic derivatives to cut initial margin
Options-based instruments can halve initial margin for some non-cleared products, say dealers
Monex Europe: muted sterling reaction after UK hung parliament no surprise
With a new government more likely to go for a softer Brexit, the lack of a big sell-off is nothing shocking, says broker
Challenger platforms hot on the heels of legacy peers
FastMatch's volumes doubled year-on-year, while GTX saw volumes rise 50% over the same period