FX Markets - 18 Jan 2016
Articles in this issue
BofAML becomes first non-resident clearing bank on Moscow Exchange
The US bank is due to begin clearing activities this month
FastMatch slashes rates
New fee schedule takes effect on March 1, as the platform aims to double its market share this year
Bank of China chooses smartTrade's LiquidityFX
The bank chooses the eFX platform to support growing trading volumes
RBI and BIS gain access to China's interbank FX market
Second batch of official investors receive permission to trade FX spot and derivatives onshore; MAS and BoK are among them
Negative policy rates prove no deterrent
Negative policy rates have not led to higher investment outflows; SNB intervention has become strategic to push the Swiss franc lower
Danino-Lewis exits BNP Paribas
Lisa Danino-Lewis joins Broadway Technology as head of Emea financial services sales
Holcombe leaves Nasdaq
David Holcombe, global head of FX product, exits the exchange
ACI ramps up education initiative
"Individual accountability is a central facet of the market going forward," says Marshall Bailey, the association's global president
A year after the SNB shock, practitioners are better off
Firms say things have changed for the better since January 2015, but while they believe risks are being priced appropriately, vigilance remains key
Market-makers encouraged to review last look
With regulators making headway and fining Barclays $150 million over its use of last look, corporate lawyers expect law enforcement to be just around the corner
FX trading volumes end 2015 on down note
While FX volumes were generally down, record trading numbers were achieved on exchanges
Akinal rejoins HSBC
Former HSBC emerging markets FX options trader returns to the bank
Swiss franc uncapped, one year on
A year after the historic SNB move, the lesson has been learned: always expect the unexpected
CMC comes top with stronger dollar calls for 2015
The FX broker does not see the dollar maintaining that strength this year