Trading
360T eyes Clob rollout in Q1 2017
FX over-the-counter clearing likely to follow a year later
Rabobank: cable volatility here to stay, even with soft Brexit
Jane Foley, head of FX strategy, holds a cable view for 2017 of $1.20 and $1.19 for Q1 and Q4, respectively
Platforms and LPs welcome surge of activity
The outcome of the US presidential race is an early Christmas present for platforms printing new records
FX contracts in OTC derivatives soar to record high
FX instruments, as a share of all over-the-counter derivatives, rise from 12% in 2013 to 16% this year
Trump victory boosts volumes and uncertainty
FastMatch experiences a small technical glitch overnight, but industry handles six- to seven-times normal volumes with ease
Fewer US companies hedging currency risks
It appears global uncertainty is adding to corporates’ forecasting challenges
Reflation next year could dampen multi-year dollar rally
But dollar strength is likely to play out until the first quarter of 2017
Pound rises following UK court’s Brexit ruling
The UK High Court ruled that the government needs parliamentary approval before it triggers Article 50
Businesses see spot FX volumes fall 42% in four years
Research by East & Partners shows a decline in contributions to the FX spot market, particularly from Australian firms
BMO: dollar will bump along the top of the trading range
Canadian bank expects US currency to remain strong this year
On-Sef FX trading hits September high
FIA reports a 32% leap in volumes since August
BoE could cut rates again this year, says StanChart
Nick Verdi, FX strategist for the UK bank in New York, sees sterling ending 2016 at $1.20
Prepare for variation margin rules now, urges Massad
CFTC chairman talks margins, capital requirements and automated trading at FIA Expo
LMAX may seek registration in Ireland in the event of a hard Brexit
The platform believes other firms will follow suit as they seek to maintain access to the single market
Edgewater launches matching engine in Mexico City
Another sign that the institutional FX liquidity provider is moving forward with its expansion in emerging markets
Oanda rolls out its fastest trading engine
The improved v20 packs an execution speed of 1.3 milliseconds
Thomson Reuters launches FX Clob in Nigeria
FX provider says the move will enhance market liquidity and shows its commitment to the region's growth
No replay of 2015 dollar bull run, says UBS
Market movements, however, will be dictated by forward monetary policy signals from the Fed and ECB
Sterling set for a bumpy ride as Brexit uncertainty persists
Strategists say this could push the pound lower towards parity with the euro
Giancarlo urges regulators to examine risk from capital rules
CFTC commissioner says regulators cannot avoid the issue of whether capital removed from markets harms the global system
Currenex launches X2 platform
Institutional venue boosts traders' performance and efficiency, while helping to keep markets resilient in times of stress
Heard anything about the sterling move?
Senior participants are still in the dark regarding last week's slide – a highly unusual situation in the gossipy FX market
Broad dollar strength on the horizon, says Wells Fargo
December hike of 25bp expected from Fed and it is likely to pull the trigger again in 2017, helping to propel the dollar
Pound crashes 8% during early morning trading
Sterling plunged from $1.26 to $1.14 within two minutes, just after 7pm in New York