Trading
The Brazilian real: Can it be reined in?
Simon Derrick, chief currency markets strategist at BNY Mellon in London discusses Brazil, its capital controls, and the implications for other emerging economies
CMC's 12-month USD view on the money
CMC Markets topped this week's 12-month currency forecast rankings with expectations that the dollar would bear the brunt of any stabilisation in global equities and resulting improvement in risk appetite.
RBI builds currency futures
MUMBAI - The Reserve Bank of India (RBI) plans to extend the list of currency futures traded on the country's exchanges, as part of efforts to grow the risk management tools available in the local market.
Concerns raised over CCPs
NEW YORK - Various attendees raised concerns about central clearing at Risk USA in New York - with JP Morgan's chief risk officer even pointing to it as a possible source of the next financial crisis.
Active FX traders switch on to FXall
LONDON - Active foreign exchange traders have made up the majority of the 130 new client additions trading on FXall since January this year, according to a senior official.
db x-trackers offered in dollar, sterling, franc
FRANKFURT - Deutsche Bank plans to launch dollar, sterling and Swiss franc- based versions of its four euro-based db x-trackers currency exchange-traded funds (ETFs) by year-end.
Diode decoupling
While there is increasing optimism about the global economy's rebound, the growth story is fractured. Asia - especially China but also South Korea, among others - is seeing strong growth while Western economies lag, says Paul Mortimer-Lee, strategist at…
Budenberg appointed UKFI CEO
LONDON - Former UBS banker Robin Budenberg has been appointed chief executive of UK Financial Investments, the body established to manage the UK government's investments in financial institutions including the Royal Bank of Scotland (RBS), Lloyds TSB and…
CME accepts gold as trade collateral
LONDON - The clearing house of CME Group, CME Clearing, began accepting gold as collateral for trades on the exchange last Monday (October 19).