FX Markets - 5 Dec 2016
Articles in this issue
Saxo: euro/dollar parity possible early next year
John Hardy, head of FX strategy at the bank, holds a EUR/USD view of 0.98 for Q1 2017
FCA warns firms to heed findings as it ends FX remediation scheme
The UK Financial Conduct Authority has concluded the FX remediation programme it launched in 2014, stating it has observed improvements
Forte hires Hanson for EMFX derivatives sales role
Hanson joins from Citi as an EMFX options specialist
Invast partners XTX to allow non-PB clients NBLP access
It's a new era, says Invast chief Gavin White on the partnership
The harder the Brexit, the harder sterling will fall
Panellists at FX Week Europe say the UK currency's troubles are far from over
Macroeconomic impact of Trump presidency still questionable
Global markets reacted with euphoria in the wake of the US election, but real economy repercussions may be less positive
Transparency around algos to grow next year, according to panellists
The goal is that customers understand the tool; TCA an important part of the learning process
BIS appoints Carstens as general manager
Bank of Mexico governor to replace Jaime Caruana in October 2017, the BIS board of directors announced today
Spot FX cannot accept lower standards of behaviour
Although spot FX trades are not under its purview, the FCA has warned market participants to sharpen up their act
FX participants rev up for Israeli reporting obligation
New requirement for the shekel comes into force in January
ADS hires Sees as global head of risk
Joining from RBS, Karl relocates to Abu Dhabi for new role
Hanush joins Currenex sales team
Katryna will be part of the trading platform's sales team for Emea
Thomson Reuters buys minority stake in BestX
TR clients will be able to access BestX TCA as part of the deal
More co-operation to come between banks and NBLPs
As liquidity providers increasingly split into the two extremes of risk appetite in both the bank and non-bank liquidity space
PBs could return to FX as market evolves towards hybrid model
Panellists discussing credit in FX expect more clearing, but not the disappearance of over-the-counter models