Foreign exchange
Costs of forex manipulation could be worse than Libor
Total bill from penalties and lawsuits could reach “tens of billions,” some estimate
Profile software readies market data mobile app
Athens-based technology provider Profile Software has launched a new mobile app, dubbed Plexus, which allows users to monitor real-time data and news on their iPhone and iPad devices.
Insch: the more equity markets fall, the better
A systematic, trend-following currency program can serve as a hedge against falling equity markets
Esma calls for EC to overrule UK on forex reporting
"We need a solution," says Esma spokesman
CFTC tells Sefs to collect paper Isda master agreements
Platforms will need to obtain paper copies of users' contracts in order to confirm non-cleared trades
Local correlation families
Local correlation families
What’s next for FX structured products, ETFs and indexes?
Sponsored forum: Bloomberg Indexes
UK and EC clash over forex reporting exemption
The FCA and EC diverge over whether certain forex derivatives are subject to mandatory reporting
Risk awards 2014: HSBC wins top house
The UK bank wins for the growing ambition of its OTC capabilities, as Risk publishes its fifteenth annual awards
Currency derivatives house of the year: Bank of America Merrill Lynch
Currency derivatives house of the year: Bank of America Merrill Lynch
Sefs battle with confirmations after CFTC relief expiry
A second no-action relief period that exempted Sefs from issuing confirmations expired on November 29, leaving forex traders unsure whether Sefs can handle the requirement
Industry in discussions to change FX benchmark calculation, says ECB official
Senior market participants have suggested widening the time window in which benchmark exchange rates are set in foreign exchange, following allegations of manipulation
CCPs face $161 billion liquidity shortfall to clear FX options, GFXD finds
Results of an industry study reveal the scale of the liquidity burden that would fall on CCPs clearing physically delivered forex options – but a net settlement mechanism could reduce the number by 73%
FX industry calls for changes to benchmark practices
Ongoing investigations into manipulation of forex benchmarks have led to calls for changes to the way the WM/Reuters exchange rates are used
Korean securities firms to compete with banks in OTC forex
Further liberalisation of Korea's capital markets gives securities firms a chance to expand
Innovations to drive leadership in banking
Sponsored statement: J.P. Morgan
FX market faces challenges to meet Emir start date for trade reporting
Mandatory trade reporting for all asset classes will begin on February 12, but the forex industry is still grappling with the challenges of dual reporting
SGX forex futures launch signals market evolution
SGX is launching a new suite of Asian currency futures as a complement to its large Asian equity futures products, cementing its place as a forex trading centre for Asian currencies
Rupiah volatility drives Indonesia derivatives uptake
The drive for derivatives
FX benchmark probe gathers pace as chief dealers placed on leave
Senior spot traders at JP Morgan, Citi and Standard Chartered have all been placed on leave, while Barclays, Deutsche Bank and UBS confirm they are conducting internal reviews in connection with alleged manipulation of forex benchmarks
Foreign exchange house of the year – HSBC
Foreign exchange house of the year
Lack of Esma clarity delays progress on FX trade reporting
Questions raised by Isda concerning trade reporting workflows have not yet been answered, delaying preparations for the start of mandatory trade reporting early next year
Industry forced to rethink reporting after Esma rejects GFMA proposal
Forex participants must reconsider their approach to dual reporting under Emir, after Esma rejects industry proposal