Non-deliverable forwards (NDFs)
Citadel ‘nervous’ about lack of Sef competition
Firms warn dominance of Bloomberg and Tradeweb may not be healthy
CCPs eager for first forex clearing mandate
CFTC proposal for NDF clearing could be published within weeks, CCPs say
Banks split ruble forwards books on Russia sanctions fears
Traders say market for deliverable forwards has "disappeared"
Nasdaq OMX to decide on forex clearing by mid-2014
Clearer is talking to banks about possible service
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
'Patchy' liquidity in FX a concern for the future
Concentration in the number of liquidity providers and the reliability of HFT market-making raises concerns for senior industry officials
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
Risk USA: Footnote 88 prompts BlackRock to abandon NDF platforms
Asset manager returns to phone trading after electronic execution in foreign exchange contracts is forced onto Sefs
Forex Sefs worry clients could be driven to non-Sef rivals
Multi-dealer platforms have to register as Sefs - but clients could choose to use other venues and avoid extra legal work
Asean importers increase forex hedging in expectation of dollar liquidity tightening
The relaxation of the Fed stance on tapering hasn't reassured South-east Asian corporates
Icap: Sefs could lead to ‘sub-optimal hedging’
Moving NDFs to trade on Sefs could mean less hedging at longer end of the curve, says senior executive at Icap
Renminbi liberalisation reduces demand for NDFs
The NDF of the line?
Singapore NDF probe hits market liquidity
Suspect delivery
NDF traders face up to Sef reality
Non-deliverable forwards are likely to be mandated to be traded on swap execution facilities before any other foreign exchange products, but are traders ready?
GFI extends ForexMatch into Asian and African currencies
The interdealer broker is expanding the footprint of its forex derivatives platform by adding Asian and African currency pairs
LCH readies launch of new NDF pairs and client clearing
Five months after launch, ForexClear is ready to start offering client clearing and to add five new currencies to the service, pending the approval of the FSA and the CFTC
Pressure mounts on Esma over clearing exemption
Responses to Esma's draft technical standard on Emir call for the agency to clarify its position on forex clearing - with some suggestion NDFs could be exempt
FX Week China: CNH/CNY forward divergence threat has stabilised
A reversal of the spread between offshore deliverable forwards and onshore NDFs that caused pain for speculators last year is unlikely to recur, say economists
Taiwan’s trade repository setting up reporting agreement with DTCC
Taiwan, home to Asia’s first trade repository, is looking to ink a reporting agreement with DTCC
Japan FSA asks for transparent double-deckers
Double-deckers in for a bumpy ride
Ice to compete with CME and LCH.Clearnet on FX clearing
Competition in forex clearing intensifies as LCH.Clearnet receives regulatory approval and Ice explains how its rival offering will differentiate itself
Japan investors count cost of falling double-decker returns
End of the road for double-deckers?
Singapore’s FX exemption welcomed as a sign of global consistency
A proposal by the Monetary Authority of Singapore to exempt forex swaps and forwards from mandatory clearing is seen as a positive move to harmonise treatment of foreign exchange with the US
LCH.Clearnet’s ForexClear awaits regulatory approval
Forex clearing platform for NDFs is ready for launch, pending regulatory approval, LCH.Clearnet confirmed in its annual report