Trading
EBS decimals move has divided the spot market, admits Icap
Interdealer broker tells conference delegates it has made both friends and enemies by introducing decimalised pricing on major currency pairs
FX Invest North America: Beware of EM risks, buy side warns
The danger of not being able to unwind a position in an illiquid currency during a crisis could outweigh the possible returns in many cases, according to conference delegates
FX swaps and forwards headed for exemption, argues former bank clearing head
John Wilson, who left RBS earlier this year, expects FX to be exempted from clearing but expresses concern about outstanding issues in US and EU derivatives legislation
EU Council disputes Esma’s power to determine clearing eligibility
Legal precedent suggests European Commission might have to determine which contracts should be cleared under new derivatives rules, rather than Esma as originally planned
CBA completes first phase of FX systems overhaul
Commonwealth Bank of Australia's Baxter e-FX platform set to go live this week
Spotlight on: Kevin Rodgers, Deutsche Bank
Deutsche’s global head of FX spot, e-trading and derivatives talks to Joel Clark about how the bank is positioning the different elements of its FX business to satisfy the changing demands of its clients and the evolving regulations
Wells Fargo's winning forecasts driven by effects of QE2 on the dollar
US bank believes US monetary policy was the major driver of FX markets in the first quarter
LCH.Clearnet confirms FX options clearing for 2011
Annual results confirm significant investment in developing clearing services for FX options
The month that 2011 got interesting
March in perspective: an earthquake in Japan and soaring yen; Thomson Reuters Matching out for four hours; Icap moves to decimals on EBS; and what's the latest on Pure FX?
FXall to roll out buy-side benchmarking tool
Move follows a similar product launched in partnership with ITG in May 2010 that has seen limited adoption among buy-side firms
Multi-bank options platforms: the vision versus the reality
New platforms offering multi-bank FX options trading are finding it tough to manage the manual pricing processes of banks and the complex close-out arrangements inherent in options. Farah Khalique reports
BNP Paribas goes mobile with e-commerce platform
French bank invests in electronic and social media strategy
ANZ’s yen forecasts buoyed by G-7 intervention
Concerted intervention to weaken the yen brought yen pairs closer to the bank's predictions
Spotlight on: Clive Banks, BNP Paribas
The global head of FX and local market sales at BNP Paribas in London talks to Joel Clark about the bank’s plans to strengthen and expand its FX franchise over the next three years, with a particular focus on technology and emerging markets
Dollar weakness will continue, warns Barclays Capital
UK bank predicts eurodollar will rise over the next month as current trends continue
Audio: ECB and BOJ face crisis
Nick Beecroft, senior markets consultant at Saxo Bank, discusses the challenges facing the European Central Bank and the Bank of Japan
Spotlight on: Felix Adam, ACT Currency Partner
The founder and chief executive of Zurich-based currency hedge fund ACT Currency Partner talks to Joel Clark about the history of the fund and the changes he has witnessed in the FX market over the past 30 years
Traiana rolls out forex clearing connectivity service
Citi and CME Clearing become the first to join the network as the market prepares for the advent of FX clearing
Japanese disaster causes yen uncertainty
Strategists say it is difficult to predict the performance of the yen as uncertainty over the Japanese situation continues
Barclays Capital reshuffles FX structuring roles
Senior structurers to switch locations by mid-year as bank merges two business lines
Icap mulls bank-only alternative to Pure FX
Discussions progress about new functionality on Icap's platform that could eliminate the threat of Pure FX
What Japan’s crisis means for the yen
Reflecting on the earthquake and tsunami that struck Japan on March 11, Thomas Stolper, chief FX strategist at Goldman Sachs in London, challenges popular assumptions that have been made about the impact the crisis will have on the yen
Pure FX: Market or mirage?
Pure FX has been the subject of plenty of speculation since it was first mooted last year, but there is still little clarity over whether the project will come to fruition. Some banks and trading platforms say there is no need for the venture
CMC rises as euro falls post debt crisis
CMC forecast euro to fall as the debt crisis intensified in March 2010