FX Markets - 4 July 2016
Articles in this issue
Brexit uncertainty to benefit active funds
No one knows what Brexit will bring, but investors say market dislocation could be a plus for active managers
Brexit will give non-banks a spot-market boost
Adding to dealer banks' decreasing risk appetite could spell trouble
BIS appoints Ellis as new secretary general
Monica Ellis will succeed Peter Dittus upon his retirement
Peso set to underperform for rest of 2016, executives say
A survey organised by Bloomberg finds FX participants downbeat about Mexico's currency
FX platforms boosted by Brexit, but only a few highs
GTX, Fastmatch and Saxo see record activity on June 24 as industry averages
UOB Bullion and Futures clients gain TradAir access
The move comes on the back of the technology provider opening a regional office in Singapore
London will remain global financial hub, says Boleat
Renminbi trading is expected to be one of the areas least affected by the UK's vote to leave the EU
Renminbi adoption in US slows in May
A decline of 1.6% from a year ago highlights the slowdown in the Chinese currency's internationalisation
Swift initiative aims to transform cross-border payments
More than 70 banks worldwide collaborate to offer greater speed, transparency and end-to-end tracking
Saxo's Fournais turns 50
The bank's founder and CEO has been at its helm for almost half his life
Demystifying MAR in a testing generation
The far-reaching market abuse regulation came into force on July 3
Brazil's Bradesco joins R3's blockchain exploration
R3's quest to find broad financial use for the technology is growing across regions
Some asset managers remain overweight in EM currencies
Some buy-side firms expect them to outperform their European counterparts
OCC probed for regulatory capture
The agency is among the latest being investigated for a potential soft touch when handling Wall Street firms
Expect more sterling weakness – BMO Capital Markets
Cable may drop to 1.28 in the coming six months, as political uncertainty remains after the referendum
Sim exits Commerzbank
Caroline Sim was based in Singapore, focusing on greater China FX sales
EU commissioner Lord Hill resigns
The decision of the UK's most senior diplomat in Brussels comes after the UK voted to leave the EU