Trading
Prime of primes reduce reliance on prime brokers
PoPs have sensed an opportunity to cut costs with prime brokers by boosting capital and trading directly with banks instead
FXall last-look function under client review
The Thomson Reuters-owned platform seeks feedback from customers on its newly proposed last-look criteria
Nomura wins with four on-target views
Japanese bank correctly anticipates consolidation in the dollar
Dixon exits BNP Paribas
Gavin Dixon, European head of derivatives clearing, is to leave the French bank
Corporate treasuries tweak hedging policies as volatility bites
Delegates at the ACT 2015 conference hear multinationals' plans to adjust hedging policies
FXCM sells $36 million stake in business
The US firm sells its third non-core asset as it looks to pay back its $300 million loan by the end of the year
Hotspot tightens rules for market-makers
Last-look window reduced to 100 milliseconds and acceptance targets raised to 85% for market-makers
CLS volumes tick lower in April
Both number of instructions and input volumes decline in April
Barclays chats reveal extent of USD/RUB manipulation
The CME/Emta benchmark has once again been thrust under the spotlight following the CFTC's $400 million Barclays fine on May 20
Renminbi emerges as top currency for payments between Asia and China
Chinese currency now accounts for third of Asia's payments with China and Hong Kong, following a 327% increase in three years, says Swift
Survey reveals Asian treasurers' penchant for single-dealer platforms
Preference for one-bank solution partly due to region's many managed exchange rate regimes, according to Bank of America Merrill Lynch survey
More banks to be swept up in FX settlements – Hausfeld
Institutions not fined by regulators are still likely to face punishment according to the co-counsel in the class action lawsuit in New York
UBS tops yearly forecasts for EUR/JPY and cable
UBS makes good long-term calls on two out of five currency pairs
FastMatch introduces binary ports as it speeds up platform
The changes will be effective from July 1
Credit Suisse ready to take on fixing flows
As other banks try to shrink away from benchmark orders amid record fines
FCA levies its largest ever fine on Barclays
UK bank fined £284 million for failings at its FX business
US regulator fines take FX settlements to $11 billion
BAML, Barclays, Citi, JP Morgan, RBS and UBS have been fined by the DoJ and the Fed as the total amount settled more than doubles
Deutsche Börse to set up Europe's first multi-asset RMB platform
German exchange group signs joint-venture deal with CFFEX and Shanghai Stock Exchange to bring trading venue to Frankfurt
Market-makers tweak algorithms post-SNB move
Liquidity providers have been seeking ways to improve their electronic price formation since the Swiss franc event in January
UBS escapes DoJ prosecution and fine
But it pays a further £342 million to the Fed over FX conduct issues
Volumes surge on EBS eFix Matching
Average daily volumes up 160% a year on from launch
FXSpotStream adds Standard Chartered as liquidity provider
Pushing the number of market-making banks on the aggregator up to 11
No plans to spin off electronic business, says Spencer
Responding to FX Week's question on the company's full-year earnings call
FX Concepts – back to basics
In his first interview since the collapse of FX Concepts, founder John Taylor discusses life after the hedge fund, and the growth of his research and advisory business