Articles by Kathy Alys
Bank of England FX committee hears corporate concerns
Rolls-Royce's assistant treasurer presented at the last meeting of the central bank's FX industry committee on the impact of derivatives regulation on non-financial companies
Spotlight on: David Puth, CLS
As newly appointed chief executive of CLS, FX industry veteran David Puth has a job on his hands to expand and improve the utility’s capabilities, currencies and participation to take it to where regulators and the industry need it to be. In his first…
CLS aims to double currency coverage by 2022
New chief executive David Puth answers the pressure on CLS to add to its 17 currencies by setting a goal of doubling its coverage over the next 10 years
CLS: the 10-year-old man in the middle
Ten years on from launch, CLS has come to occupy a unique and systemically important position in the global FX market. In the first of a two-part series, chairman Gerard Hartsink talks to Kathy Alys about CLS’s highs and lows in a decade as the market’s …
Concerns raised over Basel settlement risk guidance as consultation closes
The revised guidance on managing settlement risk could distort the FX market if implemented inconsistently, but should ultimately lead to greater use of CLS, say market participants
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
FXCM rolls out dealing desk to fight price war
The retail brokerage has launched a principal-based execution option to create tighter spreads for smaller clients, but will continue to advocate its preference for the agency model
The platforms of 2012: FXall
FXall chief executive Phil Weisberg believes the acquisition of his company by Thomson Reuters will allow it to make a greater impact on the FX market in more locations over the coming decade – and he plans to stay on to see it happen. In the final part…
FXSpotStream adds Morgan Stanley as liquidity provider
The US bank becomes the seventh liquidity provider on FXSpotStream, which is now live and trading after it was first announced in May
The platforms of 2012: Thomson Reuters
Thomson Reuters has refrained from making the major changes to its FX platforms that rival EBS has made in recent years, but that allegedly unresponsive approach has to some extent been vindicated by the challenges EBS has faced. In the latest in a…
Portware hires three to grow product and sales coverage
Trading technology vendor makes three senior hires to focus on the client experience and meet growing demand for Portware FX
Banks weigh up CCPs as clearing deadline looms
The choice of clearing house in the FX market is currently between three firms, two of which are owned by exchanges. While some suggest exchange-owned clearers might be at a disadvantage, market participants suggest the choice ultimately comes down to…
Insight Investment to acquire currency manager Pareto
Pareto Investment Management will become part of the Insight group from January 2013
Traiana wins EBS and Reuters deal for clearing connectivity
Traiana's Harmony CCP Connect will provide the plumbing for EBS and Thomson Reuters to connect to clearing houses and their members
Russia’s Troika Dialog hires e-FX head
Peter Holowka joins the Russian bank in London, having previously been global head of electronic commerce at UniCredit
Thomson Reuters veteran joins Nyse Technologies
Jon Robson, previously president of the enterprise division at Thomson Reuters, is to head up the commercial technology arm of Nyse Euronext
New buy-side platform targets March launch
Start-up venture BuysideFX will focus on improving FX workflow on the buy side and plans to be live with its first client by March 2013, officials have told FX Week
RMB is gaining traction with corporates, Deutsche survey finds
Smaller companies can realise savings of nearly 5% when dealing with Chinese businesses by transacting in renminbi, says Deutsche Bank
The platforms of 2012: Hotspot FX
Knight Capital, the parent company of Hotspot FX, has endured a torrid month following a software glitch on August 1 that cost it $440 million, but Hotspot appears to have weathered the storm. In the second of a series of articles assessing the…
BoJ inertia informs Westpac's chart-topping yen forecast
An accurate forecast on the direction of USD/JPY - based on the view that the Bank of Japan would remain behind the curve on intervention - lands Westpac at the top of the three-month rankings
Alior eyes corporates with new forex platform launch
The Polish bank has partnered with Swedish technology vendor Aphelion to build a single-bank portal aimed at corporates
FX mobile trading apps move from retail to institutional
The use of mobile applications to access foreign exchange trading platforms has been a growing phenomenon among retail users for some time, but top-tier banks are also now competing to offer the full range of trade-related services through mobile devices…
Morgan Stanley adds macro monitoring tool to strategy toolkit
New analytics tool identifies currency pairs that show both strong fundamentals and a resilience to risk shocks, says Morgan Stanley strategist
Lloyds hits Olympic gold with forecasting triumph
Lloyds Banking Group’s focus on core fundamentals lands the bank at the top of the one- and three-month forecast rankings