Trading
Best Banks Awards: 360T tops two categories
Recently acquired by Deutsche Börse, the Frankfurt-based platform sees the acquisition as an important milestone in the drive to diversify its customer base
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Scotiabank nails it on two G10 pairs
"We look to a December hike from the Fed and anticipate easing from the ECB in December," says strategist Eric Theoret
Best Bank for Emerging LatAm Currencies: Banco Santander
Rocked by falling oil prices, political scandal and lacklustre economic growth, Latin America is not a playground for the weak. Still, Banco Santander has a deep foothold there and is taking a personalised approach with clients until the storm passes
Best Bank for Scandinavian Currencies: SEB
SEB scoops the prize for trading Scandinavian foreign exchange
Best Bank for Asia, EM Asia and EM Emea: HSBC
HSBC continues to dominate emerging Asian and Emea currencies, and it is also voted best bank for FX in Asia-Pacific
Best Bank for South African Rand: Standard Chartered
Standard Chartered wins the award for the rand as it builds its African ambitions
Farewell to self-regulation, goodbye self-policing
With a global code of conduct for FX due in May 2017, participants are only too keen to see the back of an unregulated market
Regulators fine Barclays $150m over last look
Barclays has been ordered to remove an unnamed global head of electronic trading for FX
Saxo scores with four on-target calls
"I'm very convinced the Fed will move in December," says the Danish bank's head FX strategist
Worries mount over year-end liquidity conditions
With only six trading days between the Fed's last rate meeting and the holiday period, market participants are being warned to prepare for a rocky year end
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly
All-to-all FX to become commonplace by 2017
The divide between historic tiers of liquidity is rapidly disappearing, shows research from financial consultancy GreySpark
Scope of FX suit against banks widens
Co-operation from banks that chose to settle is helping investors
Colt launches PrizmNet in the US
The network provider has now set its sights on cities in Canada, with the aim of accelerating market connectivity
Buy side demands new relationship with sales
Firms want more market colour and a change in the role of salespeople
Balance liquidity providers' needs with transparency, says report
LMAX Exchange says over-the-counter will remain the primary trading model in FX, but it needs to adapt to fend off competition from exchanges
Financial Ombudsman rules against CMC Markets
The initial opinion by the FOS follows a complaint over a client's losses – CMC Markets has 14 days to respond
CME and CCB sign memorandum of understanding
The two companies will offer offshore renminbi future contracts with physical delivery in London
Market abuse law could be extended to cover FX in South Africa
Its review of FX practices finds no evidence of manipulation though
PBoC to launch RMB/CHF trading ‘very soon'
Shanghai-based head of renminbi trading at major western bank says reported move is primarily ‘symbolic' and is likely to feature other currencies as well
Deutsche Börse completes 360T acquisition
Key features of the deal include a new ECN-type trading venue for FX spot with derivatives instruments a possibility
Spotex integrates Azul's Zing in its ECN
Zing helps to boost Spotex's performance by eliminating the shortcomings in Java-based trading applications