Transparency
GFXC to publish disclosures, cover-and-deal findings
Global Foreign Exchange Committee holds two-day meeting in Paris on November 29-30
As Brexit looms, Mifid transparency faces the chop
EU law and equivalent UK draft threaten to split and undermine trade disclosure rules
Best Banks Awards: Refinitiv
Refinitiv has been voted the winner of two categories at the 2018 FX Week Best Banks Awards
OTCXN launches crypto-trading venue for institutional clients
Clients have already begun executing trades in ether and bitcoin versus dollars
DTCC begins testing DLT-based credit derivatives service with 15 banks
New service expected to launch after first quarter of 2019
Jurors begin deciding fate of FX Cartel
UK nationals face 10 years in prison if convicted of alleged price-rigging
Barclays gives Specs to FX participants
The client portal originally launched for equities in 2015 is now available for foreign exchange
Dealers sour on Mifid’s systematic internaliser label
SI decisions will take account of tougher pre-trade rules, client demand and Brexit
Transparency Task Force creates advisory board
The diverse board will assist the task force in its mission to instigate a cultural shift in financial services
Thomson Reuters adds JPY/THB to Matching
Trading the yen and baht directly will increase market liquidity and transparency
Nex and JBond launch first Japanese repo index
Index will help investors measure the effective cost of funding for Japanese government bonds
Flow Traders goes live to make FX splash
With 700-plus approved counterparties and significant in-house flows from its ETP business, Flow Traders prepares to realise its FX ambitions
INTL FCStone rolls out e-platform for frontier units
Platform to streamline price discovery of exotic currencies through more electronic process
Asian flows bloom post-Mifid II, TR's Penney says
Trade flow patterns are also changing, leading TR to launch a direct THB/JPY cross sometime this year
Colt partners NPL on timestamping
Mifid II requires that reportable events are traceable to coordinated universal time
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
More than 100 participants commit to FX Global Code
Global Foreign Exchange Committee plans to launch Global Index of Registers before June meeting
Philippines bankers partner Bloomberg on FX initiatives
Bloomberg has been selected as the calculation agent for USD/PHP and bankers will use FXGO for spot trading
Mifid transparency has failed so far, say traders
Poor-quality, inaccessible data and the lack of instruments covered undermine use case
RBC Capital Markets: all e-FX trades subject to last look
The bank commits to FX Global Code of Conduct and publishes Ficc client notice
Russell Investments calls on peers to commit to FX Code
Chief investment officer for currency says FX Global Code of Conduct embodies good fiduciary standards
FastMatch to add cryptocurrencies to FX Tape
The venue plans to support trading of the asset class later this year
Blockchain-based tool offered by smartTrade
Clients will be able to subscribe to the new service and access it through an open API
Mesirow commits to FX Global Code
Currency managers sign formal statement of commitment to the principles of good behaviour