Trading
CLS hits new record as FX volumes spike
Almost three million payment instructions were settled by CLS on Tuesday following a surge in trading volumes towards the end of last week
Haitong Futures deploys FlexFutures trading platform
Chinese broker moves to match demand for local futures by qualified foreign institutional investors
FCStone fined $1.5 million for risk controls failings
Futures broker suffers $127 million in losses following risk management failing in client account
China's red tape reduction could lead to wider CNY trade band
Chinese regulator Safe's efforts to simplify investment into the country seen as a further sign of renminbi liberalisation
Single-dealer platforms will hold their own in the e-FX future
As banks jostle for position in the new electronic environment by launching and upgrading their single-dealer platforms, how they will fare against their multi-dealer rivals?
Diversified portfolios exposed to correlation risk, experts warn
Politics is a greater driver of G-4 currencies than traditional economic fundamentals, say panellists at CME event
‘No panic’ as Nikkei volatility spikes, dealers say
Traders say no sign of short volatility hedging after Nikkei 225 plunges
Sucden Financial live with liquidity on tradable
Open-source front end trading platform adds to liquidity pool and enters agreement with software developer MT4i
Saxo Bank launches online news service Saxo TV
Web-based TV channel aims to provide one-minute video analysis of market events
Tradenext hires head of trading
Online broker makes senior hire from rival broker GKFX
Sharp drop in yen will destabalise markets, warn traders
Observers concerned over potential impact of rapid yen depreciation. However, others say effect will be limited to currencies in Asia
Alpari New Zealand registers in St Vincent as new rules come into force
Retail broker changes jurisdiction to retain trading terms as new rules come into effect in New Zealand
Japan to drive 36% rise in retail foreign exchange volumes in 2013
Yen volatility to drive $380 million a day in global retail FX and CFD market in 2013
Japan's Mizuho joins CLS Aggregation Services
CLS and Traiana-backed aggregation engine extends global reach with addition of Japanese bank
Retail brokers report record volumes in the Middle East
Local investors are turning to FX in search of better yields, and are becoming increasingly sophisticated about how they trade. FX Week talks to banks and brokers in the region
CVC-Betfair deal collapses
CVC’s potential takeover of gambling group Betfair has collapsed, with both sides unable to agree on financial terms.
Start-up 7Hedge plans to take FX spot to exchanges
New company led by market data veteran Rafah Hanna and former Gain Capital salesman Michael Siwek plans to help exchanges develop FX spot capability
Thomson Reuters launches real-time FX data for RMB
Traders get access to collective volume data for offshore and onshore renminbi for the first time
Footprint in Africa leads to diverse liquidity, says Standard Bank's Richard de Roos
Richard de Roos, head of FX at Standard Bank, talks about the South African bank's new single-dealer platform and the challenges of predicting currency trends in sub-Saharan Africa
Local factors will decide carry trade winners
Weaker US data, coupled with the Fed's quantitative easing, supports carry trades generally, but particularly where local factors are favourable
BIS: FX OTC markets hold steady, despite regulatory uncertainty
Semi-annual BIS survey reveals a rise in FX OTC derivatives transactions in the second half of last year
Japan trade captivates macro hedge funds
Top hedge fund managers at the Salt conference in Las Vegas are brimming with enthusiasm for Japanese equities as Abeconomics helps weaken the yen and boost economic growth
FXCM and Gain Capital report sharp rise in Q1 revenues
Margin foreign exchange brokers signal a recovery in activity with a sharp rise in first quarter revenues
Forex brokers brace for DDoS hacker attacks
While financial software providers offer protection against web attacks, the peculiarities of foreign exchange mean brokers might have to create bespoke solutions