Trading
The case for gold
Axel Merk and Kieran Osborne at Merk Investments believe recent financial shocks and ongoing turbulence provide major incentives for those considering gold, not just as a safe haven, but also as a protection against inflation
Taking HFT to task
As a small group of high-frequency traders (HFTs) rise to prominence as market-makers in spot FX, the reliability of their prices during times of market stress has been called into question – so much so that electronic trading platforms are taking steps…
Integrate to accumulate
Increased volatility, lower availability of credit and emerging market expansion is accelerating the integration of cash management and FX, says Laurence Neville
Responding to change
Purnur Schneider and Christopher Cruden at Insch Capital Management in Lugano, Switzerland, use the Black-Litterman model to test strategies designed to work in changing market conditions
Foreign commodity exporters to China seek RMB settlement after US fiscal cliff fears
Foreign commodity firms operating in China are settling via RMB in order to circumvent a potential weakening of the dollar
Margin for OTC products is too high, says Pimco's De Leon
New rules would see OTC markets over-margined while futures may be under-margined. The collateral required to support OTC trading in cleared and uncleared products could have systemic implications.
Confirmation of US Treasury FX exemption brings relief to dealers
After two years of consideration, the US Treasury confirmed its decision to exempt FX swaps and forwards from mandatory clearing and exchange trading on Friday evening
Best Banks 2012: Deutsche holds top spot for fourth year
Deutsche Bank and Citi remain in first and second place in this year's market survey, while Barclays has risen to third place
Deutsche Bank takes first place as volatile market calms
As volatility diminished substantially in 2012, Deutsche Bank has held onto its top position in the Best Banks survey and clinched six additional awards this year
Thomson Reuters targets retail market with niche data and analytics product
Market data vendor responds to speculation that it is extending its flagship Eikon platform to retail traders
StanChart launches offshore renminbi index
Dealer launches non-tradable index to track global adoption of offshore renminbi
Citi offers liquidity to Spotware’s cTrader and cAlgo Platforms
Citi extends liquidity offer to margin trading system
PFSoft launches white label solution for FX brokers
Technology vendor ties up with Lmax to offer liquidity to retail market
Bloomberg to offer FX options after six-month pilot
The vendor's FXGO platform is the latest in a long line of electronic platforms to add FX options ahead of forthcoming regulatory requirements for electronic platform trading
EBS to move EUR/CHF away from decimalisation
Icap's EBS will complete the transition back to half and full-pip pricing on November 26 as data suggests the change has enhanced the depth of liquidity on the platform
Is FX execution changing its colours?
The proliferation of new trading tools and platforms in the foreign exchange market is a welcome development that should enhance the buy-side trading experience, writes Lisa Seim
Aussie forecasts revised after RBA decision to hold rates
Strategists have revised upwards their expectations for the Australian dollar after last week's RBA decision, but some expect further weakness next year
FXall gains ground in options with three new banks
Thomson Reuters' pre-trade capabilities compliment the new options offering, says FXall chief executive Phil Weisberg
EBS volumes hit multi-year low in October
Trading volumes on both EBS and Thomson Reuters fell even further last month, but some traders are expecting a pick-up in volume now that the US elections are over
Sucden Financial builds up Gold service
Institutional broker extends gold trading size to enable hedging in size
FXCM revenues up; gets increase in credit facility
Margin forex broker sees revenues up despite fall in volumes
Institutional FX salesman exits Deutsche
Deutsche loses an institutional salesman in Europe following a recent restructuring of the management of the institutional client group
UBS cuts claim FX roles in Europe
Two FX e-commerce business heads are understood to have left the Swiss bank as the bank executes its recently announced job cuts
GVC Gaesco white-labels FXCM platforms
Spanish broker signs up FXCM for retail forex and CFDs