Trading
Mifid transparency rules must be properly calibrated, warns ECB board member
Central banks will have to deal with liquidity shocks in financial markets, so must ensure post-trade transparency rules are well calibrated, says Peter Praet
‘Near-final’ margin rules to be issued within days, says Iosco chief
Secretary general of Iosco confirms that further work is needed to assess the economic impact of margin requirements for uncleared derivatives
DTCC powers ahead with FX trade repository
Dealers are on-track to meet a February 28 deadline to report FX trades to a repository, a DTCC official said earlier today
Retail volumes bounce back at FXCM; active traders drive up volumes at FXall
Margin foreign exchange broker sees a reversal of fortunes, while active traders drive up volumes at FXall
Currency managers divided on net foreign assets as an indicator
Net foreign assets have a greater role to play in weighing up currency strength, says Stratton Street portfolio manager - but others disagree
Digital Vega to add spot to Medusa options platform
FX options platform to add spot trading functionality this week in response to client demand, assisted by State Street-owned Currenex platform
Volatility is here to stay in FX as the currency war engages
Currency markets have jolted back to life in recent weeks, largely driven by the change of government and monetary policy in Japan. With competitive devaluation of currencies clearly now in play, John Hardy believes the volatility is here to stay
Ruble poised for growth after bond market liberalisation
As the bond market continues to open up and Moscow Exchange prepares to go public, FX market participants are eyeing potential opportunities for the ruble
Euro outlook 'unpredictable' after recent strength
Despite the resurgence of confidence in the euro since the turn of the year, participants appear to be following the caution expressed by Mario Draghi yesterday over whether the trend is sustainable
US National Futures Association adopts recommendations from an independent analysis of NFA's Peregrine Financial Group audits
Futures industry regulator to roll out new procedures to tighten scrutiny of futures brokers following report
SurfacExchange in acquisition talks
Multibank FX options platform confirms it has seen an 'uptick' in conversations over a potential acquisition, as rivals make tweaks to their ownership structures ahead of Sef registration race
New Zealand to increase supervision of margin foreign exchange brokers, says government official
180 companies come under fire by regulators for failing to meet rules for operating as a financial services provider
Exchanges poised for further volume growth in FX
Both exchanges and ECNs have reported an uptick in FX trading volumes in January, but some suggest exchanges might be the biggest winners as activity rises in forex futures and options
Japan institutional investors start unwinding dollar/yen hedge after steep yen drop
While foreign hedge funds have been driving down the value of the yen, now Japan insurers may strengthen the trend
Barx FX, a decade on
Electronic trading in the FX market has evolved almost beyond recognition over the past decade, but single-dealer platforms continue to gain in popularity as banks feed increasing resources into their platforms. Miriam Siers speaks to Barx FX head Tim…
FX Concepts moves execution to MarketFactory aggregator
New York-based currency hedge fund switched from Thomson Reuters to MarketFactory last month as it seeks to rationalise and simplify the process of aggregating liquidity
Increased risk appetite causes spike in relative value FX trades
Investors are turning to relative value trades to provide low-premium, guaranteed downside and good leverage to the upside, traders say
Traders prepare for HFT shift into emerging markets
Better infrastructure and deeper liquidity is attracting high-frequency traders to exploit EM currencies, say traders and technology providers
Currency managers up in December
Index of 43 managers makes minor gains as political uncertainties and accommodative pro-growth monetary policies drove FX trends
CME reports four days of record open interest in yen
Investors continue to pile into yen options to capture gains from further yen weakness
TraFXpure adds Nomura and BTMU ahead of launch
Tradition's new platform now has 11 founder members and has been renamed ParFX as it moves towards 'imminent' launch
Regulators divided over collateral exemption for FX
Delays to the WGMR’s final standards on margin are due in part to disagreements over the treatment of FX, while the Financial Stability Board has called for variation margin to be tackled by a separate standard-setting body
National Futures Association announces timeline for client fund reporting
Bank and trust company depositories to begin reporting end-of-day balances from February
ThinkForex registers under new Asic rules in move to target large accounts
Broker abandons lax registration in New Zealand to gain larger clients in Asia-Pacific