Volatility
Dollar-supportive factors may fade soon, says Wells Fargo
Longer-term dollar weakness likely as Fed approaches neutral policy, but how soon will that be?
US banks’ Ficc earnings drop in Q3
Only Citi managed growth versus second quarter and Q3 2017
‘You can’t game the fix,’ jurors hear in FX Cartel trial
Melvin says if the three traders wanted to game the fix, they couldn’t have chosen a worse time because the market is too liquid then
Marex Spectron re-enters FX with new platform
After a four-year hiatus, the broker rolls out offering geared at smaller players that large banks find relatively unattractive
BBVA forecasts sterling relief in November
Fluctuations and volatility in the currency are to be expected, says Spanish bank
Platform volumes up in August amid EM woes
Trading was higher than in the same period of 2017, with the euro and some emerging market currencies hitting yearly lows
Strømme launches crypto prop shop
Jan Strømme, former global head of e-FX distribution at XTX Markets, sets up Alphaplate, a cryptocurrency trading firm
Iqbal returns to Goldman to head exotics trading
Adam Iqbal left Goldman in November 2017 for a portfolio manager role at Pimco
SGX is launching FX futures solution
New feature lets market participants trade customisable FX futures contracts in an OTC fashion
Peso volatility pulls millennials to currency trading
Interest is incentivising local and international companies to invest in education initiatives to meet budding demand
Robert Bogucki loses motion to dismiss
But judge says the two counterparties to the trade have no standing to sue Bogucki or Barclays
Venue competition heats up as e-FX volumes plateau, says Greenwich
Following 74% growth in electronically executed FX in 2007-14, volumes flattened for four years
European corporates hit by FX in final quarter of 2017
Currency losses at their highest for corporates in Europe since Q3 2015
Thomson Reuters expands crypto sentiment data feed
Cryptocurrency sentiment package monitors more than 2,000 global news and 800 social media sites in real time
G10 FX revenues hit two-year highs – Coalition
The first quarter of 2018 saw a reversal of revenue contraction seen in the last two years, with profits up 20%
Bogucki hearing scheduled for May 23
Defence lawyers are set to argue that the charge is time-barred and not applicable to this case
Ficc revenues bounce off lows but still down
European banks bounce off lows in Ficc revenues in the first quarter of the 2018, but year-on-year earnings remain negative
CLS volumes dip in March, but it’s a record Q1
The settlement utility records average daily volumes of $1.87 trillion for Q1 2018
FX volumes dip in March
But trading activity on most platforms remains strong year on year
ADS Securities adds more cryptocurrencies to Orex platform
The firm reduces spreads on bitcoin and ethereum to lower clients’ trading costs
TD Securities: dollar rebound expected in near term
But political tensions could hinder the greenback’s rally
European banks see Ficc revenues slip in 2017
In contrast to robust trading activity in 2016, Ficc trading fell across the board
China’s FX reserves drop for first time in 13 months
PBoC figures show $27bn decrease from a month earlier, driven by exchange rate movements
Ficc revenues tank at US banks
Revenues were dampened by low volatility throughout most of 2017, among other factors