FX Markets - 18 July 2016
Articles in this issue
FlexTrade opens office in Australia
The multi-asset system provider aims to pick up some business as retirement funds Down Under look elsewhere for returns
Shanghai will be first CCP to clear FX options
The new service debuts in August, but liquidity risk has stalled other central counterparties
Options clearing on track, says LCH's new head of FX
While options clearing is still in the pipeline, cleared NDFs peak
Wells Fargo becomes latest member of CLS
Settlement volumes rose 12.6% in June to stand at $2.56 trillion
LMAX throws down the gauntlet to UK regulators
Exchange finds clear evidence that the market should be rules-based and move to execution-only venues
New lows expected for sterling before Brexit fears settle
More bad news could be on its way
Pragma rolls out real-time algo order-tracking system
Clients gain access to the Fix messages of all their parent and child orders
BoE will likely cut rates in August, says Morgan Stanley
Monetary policy action from the UK central bank is expected in August, via QE and a rate cut
More PBs could pull out come September, panellists say
"How far can repricing go without actually constraining and choking that entire market?" asks JP Morgan's Choussy
BoE holds interest rates but hints at action in August
Sterling extends gains as the central bank awaits more economic data from the referendum aftermath
Credit space needs innovation to fix it, panel says
13th annual FX WeekUSA delegates hear that non-banks are not in fear of losing their PBs
Growth of NBLPs thwarted by credit structure, platform heads say
Alternative LPs look to do more relationship-based trading rather than streaming prices anonymously