Trading
Dollar strength lends to Danske's victory
Still with an eye on the Fed, Danske expects three hikes next year, instead of four, followed by five in 2017
Seeking transparency: The outlook for foreign exchange trading in Asia
A recent survey of the Asian foreign exchange market, conducted by Asia Risk and sponsored by Thomson Reuters, determined how increased financial regulation will affect forex traders in Asia and which major new trends or developments could have the…
The best of 2015: the top 10 stories on FX Week
FX Week looks back on the year's most popular articles
Fed raises rates for first time since 2006
What happens next is anyone's guess in terms of the pace of hikes
MiFid II delay gives market participants more preparation time
They should use the extra time wisely, says expert
BBVA hits top spot with USD/JPY call
That the Fed will change members next year is piquing BBVA strategist Peter Frank's interest, as it appears the voting team could gain a hawkish slant
Banks move towards active compliance
Banks are taking a less passive approach and striving to spot wrongdoing early on
Metcalfe exits Investment Association
As the trade body disbands its regulatory unit, Jonathan Gee also leaves
Non-banks up the ante in Asia's FX markets
Primary providers are seeing their market share for spot and derivatives erode as corporates turn increasingly to non-banks, new research shows
For a few dollars more: Japan banks tackle dollar/yen basis jump
The dollar/yen cross-currency basis has widened nearly 50% in recent months due to a surge in demand from Japanese banks and regulatory constraints curbing supply from US dealers. With trading costs soaring, Japanese banks are turning to more exotic…
Iorio departs Barclays after seven years
Jim Iorio, head of global FX and commodities distribution, leaves the UK bank
ECB takes steps to discourage trading on euro reference rate
The European Central Bank delays publication of the euro rate until 15:00 GMT and warns it may delay a whole day if trading activity linked to the rate does not decline
Dangerfield appointed interim CTO at FXecosystem
Matt Dangerfield brings 19 years of ultra-low latency experience to the connectivity provider
Saxo signs partnership with JSC Galt & Taggart
The new partnership aims to bolster Saxo Bank’s business platform for its institutional client base
CIBC scores with three spot-on calls
The Fed could make two dovish hikes and relax for much of 2016, as the election cycle gets under way and markets adjust to the tightening policy
Renminbi payments double between China and Japan
But while the Chinese currency is booming, trading volumes in the wider FX market fell in November
Pillitteri and Jerome among Morgan Stanley exits
The US bank levies staff cuts of 25% in FX and rates globally
Power shifts to PBs in new credit landscape
"My utmost concern is to make sure my prime broker is happy," says ADS Securities' chief operating officer
FXecosystem shaves 2 milliseconds off London-New York round-trip
The connectivity provider for the FX industry reduces latency further between the two cities
CLS and Markit extend FX settlement to cross-currency swaps
The currency settlement utility and global provider of financial information services join forces to tackle the growing demand for clearing solutions in the swaps market
FX can protect the portfolio during shocks
While not always providing spectacular returns, holding foreign exchange as part of a wider portfolio can be extremely valuable
JPM and Citi stay top of Coalition's Ficc rankings
The two strongest performers in the third quarter were JP Morgan and UBS
Culture Wars: how long can David keep saving Goliath?
As the FX market mulls over the implications of FEMR, Ed Eger, chief executive of Oanda, argues why smaller players can no longer be the fall guys for the unethical behaviour of major institutions
Grand redesign
Non-bank market-makers are increasingly being viewed as serious players as they set about building customer franchises amid a wide-scale bank pull-back