Trading
BIS committee finds inadequacies in derivatives data
Challenges remain, despite significant progress, Irving Fisher Committee reports
Outstanding OTC FX derivatives notional at all-time high – BIS
Clearing of FX contracts and gross market value of over-the-counter FX rises in H1 2018
XTX Markets goes for Paris as European hub
Liquidity provider applies to French regulator for authorisation
US banks’ Ficc earnings drop in Q3
Only Citi managed growth versus second quarter and Q3 2017
Advanced Markets launches London operation
Nina Baksh will lead the London office for the FCA-regulated firm
At BlackRock’s West Coast AI lab
The firm is handing its “most vexing problems” to artificial intelligence
Record launches FX guide for pensions industry
It gives pension managers insights into the risks and opportunities currencies present
State Street’s Bond: BestX audit will guarantee independence
TCA provider BestX will retain independence and be subject to annual audits focused on data
NatWest Markets’ FXmicropay takes to SAP cloud
It automates currency conversion and guarantees exchange rates
BestX clients seek independence reassurance
Clients and LPs want clarity around the deal between State Street and BestX to gain confidence about the provider’s continued independence
Gain Capital chooses Eventus for market surveillance
The broker will use the technology provider’s Validus platform to monitor trading in its futures business
Barclays gives Specs to FX participants
The client portal originally launched for equities in 2015 is now available for foreign exchange
Quick to distribute Fenics’ Kace products in Japan
The agreement enables Quick to offer an integrated solution to clients
Marex Spectron re-enters FX with new platform
After a four-year hiatus, the broker rolls out offering geared at smaller players that large banks find relatively unattractive
FX market structure in flux – The future of FX derivatives markets
As regulation transforms the structure of foreign exchange markets, the focus is shifting towards increased efficiency and cost reduction. A survey conducted by FX Week in association with LCH ForexClear explores the impact of the financial crisis on FX…
Thomson Reuters unit becomes Refinitiv
TR’s Financial & Risk changes name, following majority stake buyout led by Blackstone
SEB rolls out algos on BBG and FXall
Swedish dealer develops algo strategies in-house and gives clients access to internal liquidity pool
360T expands algo suite for corporates
The platform offers 60 strategies from 13 banks, with four more dealers to come online before the year-end
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Asia: the new frontier for global payments
With regulatory barriers lowered, the region is ripe for new entrants