FX Markets - 1 Aug 2016
Articles in this issue
Global renminbi adoption slows in June
Decline continues in the internationalisation of China's currency, overtaken by the Canadian dollar in payments by value
Edgewater hires Wood to lead EM expansion
John Wood has more than 20 years' experience in African currencies and emerging markets
North American FX volumes move up
Average daily volumes increase in the US and Canada, but there's some way to go before they hit 2014's numbers
FX benchmarks: everyone's a loser, baby
HSBC case highlights the inherent conflict of interest created by point-in-time benchmarks, says currency consultant
Briscoe joins UBS AM as Apac head of fixed income
The appointment reflects the company's commitment to the asset class and the region
Ficc revenues surge for US banks
The segment sees robust growth, with Morgan Stanley and JP Morgan the standout performers
Nadwick retires from Lloyds
Paul Nadwick had worked at the UK bank for more than 30 years
GSX and Deutsche Borse give exposure to bitcoin
The firms will list an exchange-traded instrument, giving public markets more access to the digital currency
Kantox sees $100 million of trades since API launch
This increases the total worth of transactions on the platform to $3.2 billion since 2011
State Street agrees markup settlement – $530m expected
This follows a SEC investigation into the FX rates charged by the bank to custody clients
Wilkoff joins Hathersage as a senior portfolio manager
Lipschutz-owned fund hires FX veteran for newly created role
ACI Dealing Simulation course takes place on August 31
The four-day residential event will run in Stamford, Connecticut
Westpac tops forecast table on stronger dollar call
Australian bank sees markets focusing on central bank action once again
FX volumes rise, but UK loses year-on-year
North America is booming, but the UK performs worse than in April 2015