Trading
FCA to probe possible conflicts in barrier options
The UK's Financial Conduct Authority will examine possible conflicts in the trading of foreign exchange options; some participants avoid these products in thinly traded markets
Buy side highlights TCA data issues – FX Week Europe
Trading heads at PGGM and Legal & General Asset Management debate the use of transaction cost analysis in foreign exchange
Benchmark charge does not solve the problem - FX Week Europe
The buy side has questioned the decision by some banks to charge for fix orders, following regulatory fines topping $4 billion
Banks would love to get benchmarking ‘off their plates’ - FX Week Europe
Barclays trader says banks would support a netting utility for fix orders
'Last look' damages profitability, say technology vendors – FX Week Europe
FX Week Europe panellists argue 'last look' is not helping the market to price clients realistically as margins continue to be squeezed
Corporate hedging is all about discipline - FX Week Europe
Pedro Jimenez highlighted the importance of sticking to hedging policies and keeping close to the market
‘Distortion’ of free fix must end – FX Week Europe panellists
Benchmark charging must be introduced to curb manipulation, say FX Week Europe panellists
FCA warns of more fines if culture does not change – FX Week Europe
McDermott delivered a sobering address to FX Week Europe market participants
FX Focus - Doubts over agency desk execution grow
Banks are turning to agency desk execution to cut the cost of trading. Some market participants claim it could be the source of as much as half of all turnover in the FX market within five years. Others are more sceptical, and there are fears that a mass…
FX Focus - Editor's Letter
Volatility comes back to the market but rising costs and regulatory burdens forcing major structural changes
EBS hires G-10 currencies head
Bill Marsden joins EBS from a liquidity sales position at Thomson Reuters
LCH rebuffs fears of NDF clearing crunch
Esma's most aggressive timeline could force more than 100 firms to clear NDFs from September 2015, with ForexClear the only currently authorised European CCP
On the knees of your soul? Scrub the floor!
The industry may have received a very public drubbing this year, but customers can still depend on banks for FX
Bloomberg retains dominant market data provider position
The firm plans to roll out solutions to improve the exchange of information between the buy and sell side
Credit Agricole wins with call on reserve diversification
The actions of the world's largest reserve managers diversifying their portfolios from USD supported the single currency
Santander comes top in LatAm currencies for first time
Santander's focus on providing best execution to clients, and a mix of relationship and e-trading capabilities, propels it to the top
Danske Bank triumphs in Scandinavian currencies
Danske Bank attributes its success to a narrow focus on its core business and the launch of single-dealer platform OneTrader
Standard Bank bags rand award for second year
Standard Bank triumphs as the best bank for the South African rand for the second year running. Now the firm has continental Africa in its sights
FX Focus - How to reform FX benchmarking
The long-running investigation into FX benchmarks looks to be coming to a close, with banks being hit by fines running into the hundreds of millions of dollars. Attention will now turn to the myriad possible reforms to the fixing process. Which changes…
Exchange trading on the march in EMFX
Emerging market currencies to get the best of the over-the-counter and exchange-traded worlds
FCA clears path for BGC's takeover of GFI
BGC gives GFI shareholders until midnight to decide on its tender offer for the broker, following FCA regulatory clearance
Sydney becomes the latest renminbi-trading hub
The clearing arrangement follows the announcement of a major free-trade agreement, alongside Australia gaining further access of $8 billion to China's capital markets
EBS Select liquidity pool launches
EBS Select will complement existing platforms EBS Market and EBS Direct
Ruble liquidity split unsettles market
EBS and Thomson Reuters are among the hardest hit by a dearth of offshore liquidity as some market-makers pull back from the ruble