Trading
FX spot volumes drop back to normal
Thomson Reuters and Icap report more normal volumes in April after a spike in March
Spotlight on: Phil Weisberg, FXall
The chief executive of institutional FX platform FXall talks to Miriam Siers about FXall's plans to register as a swap execution facility and how he believes regulation is likely to affect the foreign exchange market in the long term
Deutsche and Barclays sweep into CNH derivatives
Banks both now offer offshore renminbi trading in spot, forwards and swaps on their FX platforms after new launches over the past fortnight
Testing the limits
Thomson Reuters Spot Matching suffered a major outage last month, with trading unavailable on any currency pairs for four hours. Chiara Albanese speaks to FX trading platforms to assess how they test their technology to prevent such outages
Isda raises concerns over Russian netting laws
But despite the challenges involved, banks and brokers are excited by the progress being made to open up the Russian market
Icap updates rules for EBS Spot Ai customers
Interdealer broker limits top-of-book quote interrupts to 200 per institution per day
Social media finds a foothold in FX
Banks are evaluating the value that can be delivered to the foreign exchange business by investing in social media. What are the potential benefits and challenges of using such tools? Chiara Albanese reports
EBS decimals move has divided the spot market, admits Icap
Interdealer broker tells conference delegates it has made both friends and enemies by introducing decimalised pricing on major currency pairs
FX Invest North America: Beware of EM risks, buy side warns
The danger of not being able to unwind a position in an illiquid currency during a crisis could outweigh the possible returns in many cases, according to conference delegates
FX swaps and forwards headed for exemption, argues former bank clearing head
John Wilson, who left RBS earlier this year, expects FX to be exempted from clearing but expresses concern about outstanding issues in US and EU derivatives legislation
CBA completes first phase of FX systems overhaul
Commonwealth Bank of Australia's Baxter e-FX platform set to go live this week
LCH.Clearnet confirms FX options clearing for 2011
Annual results confirm significant investment in developing clearing services for FX options
Multi-bank options platforms: the vision versus the reality
New platforms offering multi-bank FX options trading are finding it tough to manage the manual pricing processes of banks and the complex close-out arrangements inherent in options. Farah Khalique reports
BNP Paribas goes mobile with e-commerce platform
French bank invests in electronic and social media strategy
Traiana rolls out forex clearing connectivity service
Citi and CME Clearing become the first to join the network as the market prepares for the advent of FX clearing
Icap mulls bank-only alternative to Pure FX
Discussions progress about new functionality on Icap's platform that could eliminate the threat of Pure FX
Pure FX: Market or mirage?
Pure FX has been the subject of plenty of speculation since it was first mooted last year, but there is still little clarity over whether the project will come to fruition. Some banks and trading platforms say there is no need for the venture
SGX to clear FX forwards despite possible Treasury exemption
SGX to add new currencies and asset classes, including FX forwards, to OTC clearing service
Alpari launches FX options platform
Platform launched on March 9 to execute vanilla options trading strategies
Thomson Reuters Matching hit by four-hour outage
Banks and competitors react to the lengthy blackout on the FX trading platform on March 9.
Icap decimalised pricing off to steady start
Interdealer broker Icap moved smoothly to decimalised pricing on major currency pairs on March 7, with almost half of all transactions in the first two days executed using decimals, according to the broker.
Thomson Reuters Matching hit by four-hour outage
Banks say liquidity was affected by the service outage but it was fortunate to occur at a quiet time for the market
Spot fixes tie-up will benefit the market, say Icap and Thomson Reuters
Interdealer broker Icap and Thomson Reuters are now delivering benchmark spot foreign exchange fixes for six major currency pairs, a development both companies say will improve pricing for FX market participants.
Algo trading could benefit from Sef rules, say participants
Algorithmic trading has gained traction in the FX markets in recent years and some providers say their platforms might comply with the criteria for swap execution facilities in the US. Could they face a growth opportunity when the regulations come into…