Market-damaging behaviour should be controlled, but separation or elimination of high-frequency trading would be damaging to the market’s equilibrium, ClientKnowledge argues in research published today
Crucial plenary vote on Emir on July 5 retains suggested amendments to recognise unique nature of FX derivatives, but strips out explicit calls for an exemption
US bank's global head of G-10 options trading has been made redundant
HSBC chief executive expects renminbi to become a reserve currency within 15 years and shares the bank’s outlook for the Chinese currency
Hong Kong interbank participants have created the first US dollar to offshore renminbi price fixing giving the city first-mover advantage in becoming an offshore centre for renminbi products such as derivatives, say market participants
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
Investors should avoid dumping risky assets despite concerns over slow growth and eurozone debt, according to a BarCap report, as opportunities may arise in equities and credit later this year
iShares has listed an exchange-traded fund in London in response to institutional demand for access to emerging market bonds and currencies
Repricing the cross smile: an analytic joint density
New York-based group set to develop trade repository for every other OTC asset class and has pitched for foreign exchange in partnership with Swift
Reserve Bank of Australia discussion paper commits to harmonising rules with US and Europe
Royal Bank of Scotland loses its global head of foreign exchange sales
Foreign exchange forwards and swaps should be cleared under Dodd-Frank despite industry reservations
Dow Jones launches index that uses currency basket to track US dollar
Banks, market infrastructures and industry associations prepare to move forward with regulatory preparation, now that fx swaps and forwards are set to be exempt
House of the year, Americas
BNP Paribas sees surge in demand for forex volatility structures
Despite the challenges involved, banks and brokers are excited by the progress being made to open up the Russian market
Riding the recovery
Foreign exchange options debuted in mainland China today with a number of deals taking place. China now has an onshore market for forex forwards, forex options, forex swaps and cross-currency swap, offering market participants more hedging tools as the...
Industry's concerns starting to be reflected in legislation proposals
Asia became the largest exchange-traded derivatives contracts market for the first time last year. It now holds top spots in terms of contracts volumes for equity, metals and foreign exchange products.
The earthquake and tsunami that struck Japan on March 11 will not force a weakening of the yen, according to currency strategists focused on the region.
Barclays Capital is moving several of its foreign exchange heads into new roles as it merges two structuring entities.