FX Markets - 7 Mar 2016
Articles in this issue
Eddie Listorti leaves ANZ's global markets top job
Listorti is setting up his own commodities fund, says the bank's chief executive
Negative rates held for too long could lead to a bank run
Panellists say negative rates could have detrimental effects on the banking sector
Connections jump by 50% on Thomson Reuters' TRTN network
The network provides greater post-trade transparency and cost efficiencies, says firm
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
King abdicates at Barclays Investment Bank
The UK firm has yet to name a successor
EBS BrokerTec set to move to 1ms data updates
The new FX market data feed is expected to reduce update intervals to 1ms and will become available in the summer
Class-action lawyers to tap into Barclays' FX team knowledge
With the bank providing information to investors from people within the firm with the most knowledge of its last-look practice, plaintiff lawyers could access information it could have taken years of discovery to obtain
PBoC eases despite continued depreciation fears
China's central bank cuts reserve requirements amid intricate balancing act between buoying slowing growth, maintaining financial stability, and safeguarding the value of its currency
ICE considers bid for LSE to stop Deutsche Börse
The move by the US group could prevent a "merger of equals" between the two European exchanges
RBA adds the Korean won to reserve portfolio
Australian central bank continues to unload euro holdings while introducing seventh reserve currency
Banks complete blockchain trial for fixed-income products
With the aim of moving forward the banking industry's adoption of the technology
Mifid delay downgrades workload from unrealistic to challenging
But the task facing firms working to comply with the regulation is still daunting
PBoC confirms Russian swap transactions
Central banks of China and Russia disclose "several currency swap trades" since October, but no details
NAB wins for third week running with close EUR/USD call
Australian bank comes top as the FX market focuses on monetary policy divergence and uncertainty over the UK's future