Bank of England
Trading Places, 11 August, 2014
Cost-cutting measures forces job losses at Icap, while there are changes at HSBC and the Bank of England
Salmond hammered over lack of ‘Plan B’ for Scottish currency
Yes campaign leader criticised over currency stance in live TV debate on August 5
FX volumes up over six months, but down year on year
Spot and options turnover down significantly on April 2013, and are the main contributors to falling market volume
FSB seeks consultation on FX benchmark review
FSB to assess suitability of FX benchmark reforms
FCA seeks input on wholesale financial markets competition review
Industry to have its say on competition review
FX manipulation not a "methodology" issue, says ECB
FX committees of major central banks in discussion about stronger co-ordination
UK rate hike may come sooner than expected, says Carney
Incremental interest rate rise needed to match UK economic growth
Benchmark criminalisation won't fix the fix
UK chancellor’s new powers over benchmarks will have little effect without internal changes to curb behaviour, say participants
UK Treasury targets benchmarks, launches market review
Treasury also launches joint review of wholesale markets with BOE and FCA
China Construction Bank set to become London renminbi clearer
Announcement due during Chinese premier's UK visit next week
LCH.Clearnet gains Emir approval
Clearer given the go-ahead by Bank of England
Osborne speech will not trigger structural changes, say market particiants
UK chancellor George Osborne is set to announce new measures on currency trading tomorrow
Trading Places, May 19, 2014
Deutsche's Zinkin takes on further responsibility and Oanda appoints former Alpari UK chief executive to lead its business in London
RBI pushes independent benchmark body
Indian central bank recommends administrative body for FX rate governance
Buy-side firms approach BoE to take more active role on FXJSC
Large buy-side firms keen to take a more active role on FXJSC after allegations dealers manipulated foreign exchange benchmarks
FSB may publish FX benchmark recommendations before November
The FSB's foreign exchange steering group may recommend changes to infrastructure around benchmarks and wider infrastructure sooner than previously thought
No full disclosure on FX scandal in 2014, says FCA's Wheatley
Martin Wheatley, head of the UK's Financial Conduct Authority, says ongoing investigation unlikely to be concluded this year; laments prevailing culture of ‘ethical flexibility'
Nemat Shafik secures new BoE role
Shafik arrives and Paul Fisher shuffled to the side in BoE shake-up
FX Focus - Alessio de Longis Q&A
Emerging markets were rattled by the Federal Reserve’s talk of tapering its quantitative easing programme in 2013. Will 2014 see more of the same? Or will emerging market currencies dance to a different tune?
FX Focus - Currency managers see brighter days ahead for FX markets
Currency managers are attracting more interest from clients as differentials grow between developed-world economies, but patience may still be required in the wait for higher returns
Systematic funds may continue to struggle in low-rate environment
Happier times for systematic traders still some time away, says Alessio de Longis
USD/CNH spreads tighten by 30 pips in two years
The renminbi is set to internationalise within the next 10 years, as increased liquidity has narrowed spreads significantly, say central bankers
BoE appoints Lord Grabiner to lead FX investigation
The Oversight Committee has appointed Lord Grabiner for investigation into whether BoE was involved in alleged market manipulation