Interview
Swift gears up for innovation around digital currencies
Head of innovation at global payments messaging provider speaks CBDC, tokenised assets and AI
El-Erian on Covid-19 policy risks and ‘zombie’ markets
Former Pimco chief says Fed has gone too far, market function rules needed and chance opens for shared policy load
USC to kick-start trading of digital assets, says UBS
Chris Purves says first test trades using utility settlement coin likely in first half of 2020
Barclays finds blockchain nirvana in USC
Utility Settlement Coin could transform financial markets, but first its backers must prove it is secure, says the bank
Citadel Securities: more TCA in 2020 to expose liquidity recycling
TCA should show difference between providers who hold risk and recyclers of liquidity, says market-maker
LMAX: bitcoin to break $30,000 in 2020
Exchange head David Mercer foresees more transparent market, freed of “pariah” of last look
Vanguard: automation is great until it doesn’t work
Andy Maack, head of FX trading, talks about the future of trading, algos and diversity
GFMA: expect new trade lifecycle technology to surface in 2020
FX industry will see more use cases for algos, AI, distributed ledger technology and order routing
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
Asifma: Asian focus on smaller counterparties for IM rules
Initial margin regime, conduct principles and China's lifting of FX restrictions are focus of Asian trade body, says Ball
Refinitiv: innovation in 2020 will be evolutionary, not revolutionary
Firms will focus on ongoing projects before embarking on market-changing initiatives
FX HedgePool: move to clearing may be irresistible
Jay Moore says balance sheet pressures will redefine buy-side credit relationships
Debelle: last look will not be banned
GFXC head says market participants have a choice of whether to use a liquidity provider that employs the practice
Citi: e-FX matching engine goes live in Singapore
The bank will expand the e-FX offering to more products after spot debut
XTX: top 10 banks will move to zero hold times in 2020
Awareness and competitive pressures will compel market-makers who have held out to cut holding times
Best Banks Awards: Kace
Kace was voted Best vendor for risk management/options pricing software at the 2019 Best Banks Awards
Best bank for Australian dollar: ANZ
ANZ was voted Best bank for Australian dollar at the 2019 FX Week Best Bank Awards
Best Bank Awards: Banco Santander
Banco Santander has been voted Best bank for emerging Latin American currencies at the 2019 FX Week Best Bank Awards
Best Bank Awards: Citi
Citi is voted best bank in eight categories at the 2019 FX Week Best Bank Awards
Best Bank Awards: BNP Paribas
BNP Paribas is voted Best bank for FX in the eurozone at the 2019 FX Week Best Bank Awards
Best Bank Awards: NatWest Markets
NatWest Markets is voted Best bank for post-trade services at the 2019 FX Week Best Bank Awards