Trading
BNP Paribas expects sterling upside next year
The bank believes it is difficult to be bearish on the currency
Emerging markets in firing line as politics spur volatility
Monetary policy normalisation, fiscal stimulus and political populism will come to the fore in 2017
Bloomberg launches executable NDF streaming
Standard Chartered is the first bank to provide streaming rates for the product
Trump contagion is only just starting, strategist says
While Donald Trump's win is expected to have a positive impact on the US economy, it may boost populism in Europe
FastMatch to offer algos and TCA to all subscribers
It makes the decision as algo execution gathers pace and clients require more trade transparency
Saxo: euro/dollar parity possible early next year
John Hardy, head of FX strategy at the bank, holds a EUR/USD view of 0.98 for Q1 2017
Spot FX cannot accept lower standards of behaviour
Although spot FX trades are not under its purview, the FCA has warned market participants to sharpen up their act
More co-operation to come between banks and NBLPs
As liquidity providers increasingly split into the two extremes of risk appetite in both the bank and non-bank liquidity space
Transparency around algos to grow next year, according to panellists
The goal is that customers understand the tool; TCA an important part of the learning process
The harder the Brexit, the harder sterling will fall
Panellists at FX Week Europe say the UK currency's troubles are far from over
FCA warns firms to heed findings as it ends FX remediation scheme
The UK Financial Conduct Authority has concluded the FX remediation programme it launched in 2014, stating it has observed improvements
Citi triumphs as top FX bank for the fourth year running
JP Morgan comes second overall, while Deutsche Bank slips to third place
TD Securities: Trump stimulus may give dollar short-term boost
But if the fiscal package benefits mostly the rich, the greenback could lose in the long run as GDP might take a hit
BNP Paribas: market pricing in too few Fed rates hikes
The French bank expects dollar strength to be boosted by Donald Trump's election to the White House
ICBC first Chinese bank to use Thomson Reuters' Electronic Trading
TR’s FX solution will make it easier for ICBC to quote prices to its customers throughout Asia
360T eyes Clob rollout in Q1 2017
FX over-the-counter clearing likely to follow a year later
Rabobank: cable volatility here to stay, even with soft Brexit
Jane Foley, head of FX strategy, holds a cable view for 2017 of $1.20 and $1.19 for Q1 and Q4, respectively
Platforms and LPs welcome surge of activity
The outcome of the US presidential race is an early Christmas present for platforms printing new records
FX contracts in OTC derivatives soar to record high
FX instruments, as a share of all over-the-counter derivatives, rise from 12% in 2013 to 16% this year
Trump victory boosts volumes and uncertainty
FastMatch experiences a small technical glitch overnight, but industry handles six- to seven-times normal volumes with ease
Fewer US companies hedging currency risks
It appears global uncertainty is adding to corporates’ forecasting challenges
Reflation next year could dampen multi-year dollar rally
But dollar strength is likely to play out until the first quarter of 2017
Pound rises following UK court’s Brexit ruling
The UK High Court ruled that the government needs parliamentary approval before it triggers Article 50
Businesses see spot FX volumes fall 42% in four years
Research by East & Partners shows a decline in contributions to the FX spot market, particularly from Australian firms