FX Markets - 15 Feb 2016
Articles in this issue
AIIB appoints Danny Alexander as vice-president
The former chief secretary to the UK Treasury will head the communications department
China's FX reserves plunge to more than three-year low
Latest PBoC figures show a drop of $99.5 billion in January to $3.23 trillion
January volumes up on December, down on year
Average daily volumes rose across major FX platforms, but were far off the numbers posted a year ago
EC delays Mifid II until January 2018
The extension aims to avoid legal uncertainty and potential market disruption
Dealer-run platforms face hard choices under Mifid II
MTF, OTF or SI? Three options, but none that banks like
Credit remains the biggest headache in FX
FXPB adjustment pressures clients as service providers tackle rising costs
Sales remuneration set for shake-up
Venues and brokers shift focus to quality of flow amid rising price competition
Danske Bank bags victory on USD/CHF call
The bank expects the Fed to leave interest rates alone until September
Ledgers bring transparency to bank payments
Distributed ledgers allow banks to track international payments like a package
Ricci joins fintech firm freemarketFX
Former head of Barclays investment banking takes new position as chairman
Test algos or go to jail
Under Mifid II, participants need to certify their algorithms will not cause market disorder or face the consequences