Rise of the redback
A maturing market combined with deregulation is sustaining demand for offshore renminbi bonds in the face of slowing RMB appreciation
Decision to join CLS Bank follows change in policy at Citi, Santander's former third-party CLS provider
Pilot comes at a time when news reports suggest a group of 10 banks plan to launch a bank-only FX trading platform
Turnover of exchange-traded derivatives fell from June to September, with commodities the only exception, survey figures show.
Further Plaza II-type agreement is unlikely, however, and only weak "peer pressure" applied to currency problems, says Barclays Young
Proposed rules to limit leverage on margin FX trading accounts at retail forex brokers will have the unintended consequence of increasing counterparty risk, according to Josh Levy, managing director at Tactical Asset Management.