Trading
Capitolis onboards more than 20 firms to FX novation service
Platform live and novating FX options for market participants, with more instruments to follow
New Change FX to supply independent rate to Jyske Bank
Danish bank will use provider’s independent FX data for better analytics
Banks call for third-country benchmark fix as EC delays BMR
Two-year delay may open the door for rethink on local legal representation requirements and recognition options
RBI forms task force on offshore rupee
Task force will examine the effects of the offshore market on exchange rates and domestic liquidity
Refinitiv to keep Klibor contract with Bank Negara Malaysia
The firm will continue to administer the country’s interest rate benchmark
US and UK regulators strike deal to protect derivatives trading post-Brexit
Joint statement indicates ongoing co-operation, “whatever form” Brexit takes
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
Zimbabwe sets up interbank FX market with new dollar-pegged currency
Central bank governor pledges stability, but analyst says initiative is “cancerous”
Wall Street vets vie to be BlackRock of crypto
Fund launch uses fundamental analysis to identify value propositions in high-risk industry
Esma renews ban on binaries once again
European regulator still sees risks for investors, can keep renewing as it likes
Cleared swaps grow 10 times faster than bilateral at HSBC
FX derivatives notionals rise $1.3 trillion (21%) to $7.6 trillion
PBoC issues 20 billion yuan of central bank bills in Hong Kong
Bills could be used to manage offshore yuan liquidity and stabilise exchange rates
US sanctions on Venezuela could spell end of petro
Crypto asset is backed by oil reserves the country can barely commercialise
Fragmentation keeps yen flash crash cause murky, says RBA
But points finger at double whammy of low-volume Asia morning and algo trading
FX Connect platform gets a significant upgrade
State Street's revamps for interface and order tools lead in 2019 product overhaul
How tech will transform FX next: what the industry thinks
Market participants identify which sectors they see as ripe for disruption by transformational tech such as AI
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
BNY Mellon opens Program Trading Desk in FX business reshuffle
Bank adds segregated execution desk to boost confidentiality for clients with high-level transactions
Yuan takes key international step on Myanmar move
Yuan and yen added as trade-settlement currencies, as dollar use falls
LiquidityFinder turns on liquidity matchmaking site
The website offers a consolidated view of liquidity providers for simple comparison
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
IFRS 9 drives appetite for long-dated hedges in Asia
New accounting standard helps manage mark-to-market volatility of long-term trades
