Currency
Banks step up stress-testing of Hong Kong dollar peg risk
Flurry of FX options trades make banks re-evaluate exposures
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
SVB Financial Group invests in TickTrade Systems
Parent company of Silicon Valley Bank partners Toronto-based fintech to strengthen FX offering as client base goes global
JP Morgan trader Aiyer guilty of price-fixing conspiracy
Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market
iBanFirst expands with NBWM acquisition
More than 1,000 clients will gain access to a variety of FX products and services
BNPP appraisal challenges Katz’s credibility
Former trader’s supervisor highlighted poor performance on FX swaps and bad risk management in 2011 review
Katz pushed complicated trades off on Aiyer
Former Barclays trader lost large trade when defendant delayed pricing it for him
Jason Katz: ‘I wasn’t ready to admit what I had done’
Taking the witness stand, former trader admits he was initially untruthful to DoJ
Cummins walks back co-ordination comments
Chris Cummins confronts insecurity with certain currencies and trading styles as defence pulls back curtain on chat snippets
Cummins: ‘I didn’t surrender all the details’
Key witness in criminal case against Aiyer admits lying after agreement that his words won’t be used against him at a subsequent trial
Ex-JP Morgan trader on trial for rigging
Justice dept claims fake trades duped market but defence argues against overly simplistic view
Morgan Stanley leads US bank peers in Q3 Ficc revenues
Unlike other US banks, Morgan Stanley’s Ficc revenues made significant gains on a quarterly and yearly basis
Monex Europe: watch for further cracks in the dollar
US is slowing with the rest of the world, as trade uncertainty and external conditions begin to bite
Former JP Morgan FX trader faces trial for price fixing
New York resident Akshay Aiyer is accused of conspiring to manipulate prices in CEEMEA currencies
Euronext FX looks to derivatives for diversification
Euronext unveils new three-year strategic plan to invest in FX, data and analytics
IMF officials call for ‘far-sighted’ digital currency regulation
Stablecoins could put weaker currencies at risk and increase illicit activities
BoE paper examines exchange rate return distribution tails
Authors look to understand exchange rate risk in global cycle
Informa: renminbi range trading likely the norm throughout 2019
Further escalation of trade tensions could send China’s currency to 7.25 in near term
Goldman Sachs shares algo analytics on FXGO
Bank teams up with Bloomberg for real-time algo order analytics to help client execution
Trade war may delay yuan as reserve currency
Central banks are cautious when building renminbi reserves due to legal and liquidity issues
ECB’s Mersch attacks Facebook’s ‘cartel-like’ libra structure
Senior ECB official accuses currency project of “treacherous promises”
Argentina reimposes currency controls as peso plummets
Authorities aim to stem depreciation of peso, which has fallen 23.9% against dollar since August 11
Argentina opens IMF talks as crisis deepens
Government extends debt maturity and pledges reserves will not be used to repay international investors
Monex: Fed can’t curb dollar strength
Only improvement in global growth will end the strong dollar dynamic