FX Markets - 19 Sept 2016
Articles in this issue
Ruble emerges as biggest loser in BIS rankings
Offshore trading is slowly picking up, but remains half as much as pre-Crimea levels
China turns to boosting domestic banks on international stage
Country strives to retain control of price discovery after renminbi's inclusion into SDR basket
Beeks launches self-service portal for buying connectivity
Beeks Marketplace allows institutional clients to find and purchase connectivity. The UK-based provider plans to add third-party products to its offering at later date
Premier League clubs hope to net sterling rebound
Paul Pogba's move to Manchester United only broke the world record because of the weaker pound
Morris joins Fenics as head of sales for the Americas
He joins from Bloomberg in New York
BoE deputy governor Shafik to step down in February 2017
Appointed in 2014 on a five-year term, she will become director of the LSE in September 2017
360T partners Bellin to offer trade-confirmation service
A single access point where corporate treasuries and banks can automate the exchange and management of deal confirmations
Bloomberg targets Middle East for growth
Firm plans to make moves in Dubai and Saudi Arabia as it places greater focus on cross-asset solutions
Lombard Risk launches buy-side collateral management tool
As asset managers and investment firms prepare for uncleared margin rules due in March 2017
Corporate FX deals up 102% since UK referendum
UK exporters benefit from the weaker pound, according to in-house data from Moneycorp
IMF commends China for liberalisation steps
The Fund notes that achieving an effective float for the renminbi by 2018 remains a key goal
Mandrekar joins HSBC in hedge fund sales
He moves to the UK bank from Morgan Stanley
Traiana's Hamilton heads to IHS Markit
As a managing director of business development, she is tasked with growing the firm's portfolio of FX products and services
New York readies cyber rules for banks
A final version of the proposed regulation could be issued after a 45-day public comment period
Pound may hit major low in early 2017
FXCM’s Jamie Saettele says fundamentals could also weigh on sterling next year
Sim takes up Asia-Pacific sales post at INTL FCStone
Caroline Sim left Commerzbank earlier this year