Trading
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
Citi warns of all-time cable low
Following a move of nearly 10% in GBP/USD, technical analysts say a test of an all-time low cannot be written off
Modifications sought in Johnson's release
Attorneys still working to get Mark Johnson's wife as a signatory on the $1m bond agreed for his release in July
OCC suspends Johnson from markets
He pleaded not guilty to alleged felony charges in August, but OCC says the charges involve dishonesty and breach of trust
Automated payment systems in high demand for UK businesses
Afex survey shows 44% of UK companies expect to increase global payments
Rabobank: Trump expectations will favour safe-haven currencies
Rabobank says the likelihood of a Republican victory could spark a flight to safety and a broad correction in many risk assets
FastMatch partners TradAir
Trading venue will target institutional clicker traders to diversify liquidity and boost volumes
Australian authorities ban Deutsche FX trader for life
Andrew Donaldson tried to hide losses with false entries and inflated the bank's revenues by 28 million euros
INTL FCStone subsidiary upgrades payments platform
Global payments division launches Fix protocol for cross-border payments in exotic currencies
LMAX pushes into North America with new matching engine
New liquidity pool based in NY4 is aimed at funds, asset managers, brokers and banks
FX markets not positioned for Fed hike
Investors are still sceptical of Fed action, and participants are looking at commodity currencies for better opportunities
Banks get partial reprieve in FX lawsuit but claims still stand
Non-settling banks in FX class action lawsuit eke out small victory after US district judge tosses out some allegations of manipulation
Afex day raises money for rugby charities
Former and current stars of the game battle it out in FX
Pound may hit major low in early 2017
FXCM’s Jamie Saettele says fundamentals could also weigh on sterling next year
Bloomberg targets Middle East for growth
Firm plans to make moves in Dubai and Saudi Arabia as it places greater focus on cross-asset solutions
Premier League clubs hope to net sterling rebound
Paul Pogba's move to Manchester United only broke the world record because of the weaker pound
Citi's annual 'E for Education' campaign launches
The bank will donate $1 for every million of FX transacted; the initiative has raised $12 million in past years
Firms play waiting game amid ‘fickle’ FX markets
Informa's Tony Nyman says September remains a “live” meet for the Fed, but December could be the trigger month to raise rates
Beeks launches self-service portal for buying connectivity
Beeks Marketplace allows institutional clients to find and purchase connectivity. The UK-based provider plans to add third-party products to its offering at later date
Downtrend in Ficc revenues continues at major banks, Coalition says
Ficc revenues fell 11% in the first half of 2016 and by 33% compared with five years ago
FX market activity shrinks for first time since 2001
The BIS's triennial survey of FX markets shows a headline figure of $5.1 trillion, down from $5.4 trillion in 2013
NBLPs face credit challenges as banks protect their role in FX
NBLPs' narrow focus could prove the saving grace as banks' businesses span a wider range of products