Trading
Market abuse law could be extended to cover FX in South Africa
Its review of FX practices finds no evidence of manipulation though
PBoC to launch RMB/CHF trading ‘very soon'
Shanghai-based head of renminbi trading at major western bank says reported move is primarily ‘symbolic' and is likely to feature other currencies as well
Deutsche Börse completes 360T acquisition
Key features of the deal include a new ECN-type trading venue for FX spot with derivatives instruments a possibility
Spotex integrates Azul's Zing in its ECN
Zing helps to boost Spotex's performance by eliminating the shortcomings in Java-based trading applications
Barclays discloses last look guidelines
Following the US Justice Department interest into the practice, the UK bank explains how and when it uses it
FastMatch completes first disclosed trade on its platform
Market makers using the venue for disclosed trading can customise FX solutions for customer's needs
Central bank view gives Informa top spot
The firm rightly foresaw a stronger dollar and a weaker yen
IG Group to pay £1 million over Swiss franc losses
UK spread-betting firm will compensate clients after Ombudsman ruling
Scotiabank makes on-target call on greenback's strength
Diverging monetary policies and gauging the willingness of central bankers to act relative to their counterparts helped Scotiabank to nail down the appreciation of the dollar against some of its peers
Orca SMT unveils FX product to help salespeople
Orca SMT has launched a new FX trade execution interface that aims to provide a tool for salespeople to better price their clients at the point of trade
Northern Trust targets investment managers with CompleteFX platform
Geared at investment managers, CompleteFX allows for the outsourcing of FX processing and execution
Monex Europe wins with dollar call
A fundamental case exists for dollar strengthening, but downside risk is building over the short term for the greenback
CME changes rules on renminbi futures contracts
The higher trading ranges reflect changes in volatility for the onshore and offshore renminbi
Seabury names Chan as FXone's interim chief
Margaret Chan replaces Rosario Ingargiola temporarily, while Seabury makes other hires to boost its footprint in e-FX execution and liquidity management solutions for institutional FX trading
ParFX adds offshore renminbi
The wholesale electronic platform boosts its currency offering with the addition of the offshore renminbi
Hotspot targets Europe and Asia with London FX matching engine
Hotspot’s new engine gains $1.2 billion single-count trading volumes in its first full week
Global Prime Partners gets green light in Hong Kong
The firm will provide execution and prime brokerage services to Asia-based fund managers and professional traders
ADS Securities launches Hong Kong retail offering
Clients in Hong Kong will gain access to more than 60 currency pairs on trading platform Orex
KCG launches direct-to-client market-making service Acknowledge
KCG will publish Acknowledge execution protocols on its website for all asset classes, marking the first time a single-broker liquidity provider has provided this level of transparency
Pragma selects smartTrade's LiquidityFX platform
The deal brings FX liquidity aggregation from a wide range of providers to Pragma's customers
Fenics launch boosts options-trading automation
Fenics launches 12.4 and dealing engine to help regional banks scale their business and expand their service offering
LCFX rebrands as Spectra, makes four hires
FX options agency specialist Louis Capital FX changes name to Spectra FX Solutions
New Zealand firms raise FX hedging amid elevated uncertainty
Survey shows an increase of more than 10% in FX forwards usage while micro-businesses are establishing hedging policies for the first time
Aggressive HFT stable in major currencies
High-frequency trading in FX remains below the levels seen in equities, according to research from AbleMarkets