Regulation
Record hires New Change FX for TCA
The specialist currency manager engages independent data and transaction cost analysis provider
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Central bankers continue to struggle with crypto
Uncertainty around the assets’ use and regulation calls for further research, debate finds
Thomson Reuters launches SI reporting service
The solution provides market participants with data, analytics and reporting tools if they qualify as systematic internalisers
Trade wars to stay for decades, say panellists
The conflict is a struggle for dominance between the US and China, say economists at the 14th annual FX Week Asia event
Singapore aims to become e-FX hub for Asia, says Loh
Speaking at FX Week Asia, MAS’s Jacqueline Loh says Singapore wants more price discovery to take place
China’s FX reserves unexpectedly rose in July
Total reserves stockpile increases by $5.82 billion as the central bank stays on the sidelines
SNB governor on lifting the currency floor
Thomas Jordan speaks about currency intervention, negative rates and FX reserves
New Chinese FX crackdown to hit corporate hedging
Despite new reserve requirement, dealers say ‘maturity’ in risk management is here to stay
GFXC to focus on ‘customised outreach’ to buy side
In its first review, GFXC finds FX Global Code is generally accepted, but more can be done to increase adoption
Scott wins extradition appeal
Stuart Scott wins extradition appeal as the October 2017 verdict is overturned
Record’s Wood-Collins: more disclosures needed
The UK-based currency manager’s chief says some asset managers appear to use only one counterparty for FX trading
LCH and Moscow Exchange sign up to Code
The clearing house and exchange pledge to abide by the FX Global Code’s principles when conducting business
China’s FX reserves unexpectedly inch higher in June
Total reserves stockpile increases by $1.5 billion against the backdrop of a weaker yuan and escalating trade dispute
FMSB publishes Ficc standards
The 12 core principles set out in the final standard outline expected conduct during new bond issuances
FX Global Code webinar – in case you missed it
On June 28, the newly elected leadership of the GFXC talked to FX Week about its work so far and plans for the future
GFXC to continue work on disclosures
Simon Potter elected to chair GFXC, while Boehler and Hoshino become co-vice-chairs
China FX reserves at seven-month low in May
PBoC figures show $14.2 billion decrease, bringing total reserves stockpile to seven-month low of $3.11 trillion
Banque de France selects Quod Financial
French central bank chooses Quod for FX aggregation needs
A new era for global FX
Neill Penney, co-head of trading at Thomson Reuters, says innovation rather than regulation can finally be the driving force in FX markets
TraderTools commits to FX Global Code
Yaacov Heidingsfeld says the firm supports the goals of the principles
New York Fed commits to FX Global Code
It promises to conduct its currency business in a manner consistent with the set of principles
GFXC launches Global Index of Public Registers
The index creates a single access point to all of the public registers tracking firms that have signed statements of commitment
Restoring trust in the foreign exchange market – the FX Global Code of Conduct
After one year of the FX Global Code of Conduct, the ECB’s Christophe Beuve and Roswitha Hutter give an update