Trading
FX Focus - Sef volumes still struggling
Sef volumes are struggling to get off the ground as the industry waits for trading options and NDFs via a Sef to become mandatory. Can smaller Sefs survive this barren patch? By Michael Watt
FX Focus - Is Sef equivalency still solvable?
Negotiations for an equivalency system to allow European platforms to offer Sef-like liquidity to US persons fell apart in mid-May. Participants blame CFTC intransigence and warn of permanent fragmentation of the market. Can a solution still be found?…
Lloyds reinstates suspended trader
Martin Chantree cleared by internal investigation
World Cup set to "shut down" LatAm markets
FX markets are set to take an early summer break as the football tournament turns participants' heads away from the trading floor
ECB cut could bring back the carry
A rate cut and negative deposit rates from the ECB could bring back the popularity of the carry trade, strategists say
Price Markets launches Solid FX ECN platform
Both via GUI and API
Randomisation allows smaller players to compete
The fightback against HFTs is well under way in FX, where major trading platforms have embraced the idea of randomised orders in a bid to escape the technology arms race
Eurex finalises FX futures and options launch date
Exchange to launch new products in July after ten-month delay
Citadel expands into FX market-making
One of the largest non-bank players in US equities has joined the ranks of market makers in FX
Corporates eye FX options as hedging tool
Treasurers are becoming increasingly interested in FX options to fights rising costs, but face a battle to implement them at their firms
European corporates see rise in hedging costs
Corporate treasurers are moving towards shorter tenure contracts to hedge FX risks
Lucera launches FX trading platform
Clients have separate servers to avoid crowding and improve failure management
Voice brokers in full support of EBS eFix Matching
The balance of power between voice brokers and e-teams reaches a new equilibrium
Yen weakness unlikely in near term, says ING IM
Long USD/JPY positions predicted to suffer over next few months, according to ING Investment Management
EM currencies going from "doom to bloom"
EM currencies on the up, says SocGen strategist
EMFX panellists clash over futurisation of FX market
Exchanges will compete "fiercely" for FX market share, says CME’s Patrick
RMB growth offers ‘huge opportunity’ for London
Capital in position to benefit from RMB growth
CLS sees 9% revenue growth
FX settlement service has successful 2013
Industry united over spot FX definition after EC consultation
Industry wants nuanced position of FX spot settlement length
EBS Live moves to 50 millisecond updates
EBS Live set to update twice as fast as previously, while minimum quote lives will be halved
Corporates worry over post-clearing NDF liquidity
Corporate treasurers fear likelihood of higher costs for cleared NDFs, reducing liquidity in the sector
FX dealers work with Nasdaq OMX to launch trade monitoring service
Nasdaq OMX and six major currency trading banks collaborate on further transparency efforts
FX Focus Q&A - Francois Masquelier
The renminbi may be looming large in the minds of FX market-makers, but many corporates with exposure in China are still some way behind the curve when it comes to hedging, according to Francois Masquelier, chairman of ATEL, Luxembourg’s association of…
Market participants lose out as renminbi volatility increases
The renminbi’s depreciation in early 2014 caused a scramble among FX users, and there may be more volatility on the way