Trading
FX Focus - EM currency markets face fragmented 2014
Emerging markets were rattled by the Federal Reserve’s talk of tapering its quantitative easing programme in 2013. Will 2014 see more of the same? Or will emerging market currencies dance to a different tune?
Systematic funds may continue to struggle in low-rate environment
Happier times for systematic traders still some time away, says Alessio de Longis
FXall continues to lead FX volume charts
The Thomson Reuters-owned platform has topped the average daily volume table ahead of Matching and EBS for the sixth month in a row
Commercial banks set to dominate FX trading yet again
The FX market is heading back to the 1990s as smaller, regional banks make a comeback and take back ground from investment banks
RBS internalisation levels hit 90% in EUR/USD
The Royal Bank of Scotland has revealed details of the extent to which it internalises certain currency pairs, which it claims is a better deal for clients
Fixing law suit to be tried as cartel case - court transcripts
Trial direction revealed by transcripts of a court hearing in the class action brought against major banks
Migration from multi-bank platforms set to continue as fees mount
High fees in low-return environment pushing banks to alternative liquidity distribution channels
UK and Singapore set up RMB private sector working group
Offshore RMB development to be hot-housed by UK and Singapore forum
FX Invest Europe: Denison calls for more innovation in FX fund management
Keynote speaker at FX Invest Europe says FX managers too often stuck in a rut
FX Invest Europe: Deutsche Bundesbank official praises Fed’s QE exit strategy
Christine Glockmann says other central bankers may copy Fed’s communication over QE tapering in 2013
FX traders see lacklustre trading volumes as trends stay weak
Volumes and activity point to subdued year ahead as trends remain weak
FSB announces review of FX benchmarks
FSB will present findings to G-20 Brisbane conference in November
Buy side enjoys two consecutive quarters of narrowing spreads
Cut-throat competition for volumes brings good news for buy-side firms
Russian ruble pricing changes provoke FX market debate
Debate over price granularity in the ruble heats up as platforms consider changes
Argentine peso stabilises after turbulent few weeks
Central bank introduces new capital controls policy as foreign currency reserves dwindle
Icap revenues down 5% in four months
‘Challenging market conditions’ outweigh robust EM FX trading volumes
EM currencies set for extended rout, say analysts
Current account deficits set to keep EM currencies under pressure
FX traders break up USD/EM basket for first time in five years
The market has seen a shift in emerging markets trading as FX traders focus on currency differentials
FX volume resumes steady rise after yen-driven spike, surveys reveal
Turnover in the US and the UK declined between October and April, with a sharp fall in spot, but volume remains up year-on-year
Banks to shun FX platforms over transparency
Banks increase scrutiny of aggregation practices over transparency concerns
Currency fund performance still stuck in ‘perfect storm’
Currency funds continue to under perform other asset classes, but investment managers see improvements in 2014
Savage launches multi-strategy hedge fund
Former FX Concepts executives Robert Savage and Ron DiRusso launch Citic Capital Holdings
Volume data creates distorted view of liquidity
As the six main FX committees prepare to release the results of the latest semi-annual FX turnover surveys this week, Joel Clark looks at volume trends in the industry over the past three years
FX Focus trade repository Q&A
Alongside derivatives counterparties and regulators, trade repositories form the final part of a triumvirate that must work together if the European Market Infrastructure Regulation’s trade reporting regime is to begin smoothly on February 12. Leading…