Australia
Westpac fined over interest rate swap pre-hedging
Court finds against Australian bank for “unconscionable” behaviour, amid calls for a broader guidance around the practice
Dealers back CLS plans for EM settlement system
12 banks announce support for project to extend PvP protection to certain CLS-ineligible currencies
Optimisation firms prep for SA-CCR boom
FX expected to be big focus of industry’s new slimming drive – and vendors are jockeying for position
Asia’s FX markets step to the algorithm
Buy-side use of automated trading programs builds, albeit from a low base
FX Markets Asia Awards 2020: The winners
Citi lands four wins in this year’s awards
Refinitiv pledges FX brokerage to Australian bushfire relief
The area already burned is triple the size of the land destroyed by the 2018 California fires
First Ibor versus SOFR cross-currency swaps trades
Westpac and Citi strike BBSW/SOFR trade in landmark moment for Australian market
Westpac: pound rally to continue as hopes for Brexit breakthrough rise
As polling leans towards Conservative majority, the bank warrants outright long cable positions and expects pound surge any time
Goldman Sachs to revive FX desk in Sydney
Superannuation fund growth attracts the bank, as Australia and New Zealand clients represent increasing proportion of regional FX flows
Westpac: sterling weakness continues as Brexit deal unlikely
Australian bank maintains long-held bearish outlook on pound
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
Weston joins CIBC as head of funding and liquidity
Reilly Weston moves to the bank from Industrial and Commercial Bank of China
Mishra promoted at Commonwealth Bank of Australia
Former Deutsche trader becomes head of Apac Stir trading in Sydney
Swiss regulator hunts for hints in Credit Suisse FX probe
Five banks fined, two acquitted as Comco closes market-rigging probes
GFXC seeks deeper understanding of anonymous platforms
Committee elects Guy Debelle as new chair to replace Potter
Swift announces trials with ECB instant payment system
Linking ‘Swift gpi’ to ECB’s Tips will greatly reduce settlement delays, consortium says
Euro to languish as Germany's economy struggles – CMC Markets
Pan-European currency to maintain its slide even as Fed hits pause
Gain taps McGonagle for growth in Japan
He will focus on increasing retail opportunities in the firm’s largest market in the Apac region
The EM units to watch as US and China make peace – Swissquote
Currencies such as the Thai baht, which trades heavily with China, should benefit from easing tensions
Wells Fargo: US-China trade spat still a drag for Aussie
Dispute will keep trade-sensitive currencies under pressure, with a deal unlikely before March 1 tariff deadline, says strategist
Fragmentation keeps yen flash crash cause murky, says RBA
But points finger at double whammy of low-volume Asia morning and algo trading