BIS view on why FX markets are shrinking
by Kylene Casanova
The BIS Quarterly Review looks at three emerging themes from the 2016 survey of global FX markets, in an article that discusses the causes and implications of downsized FX markets
FX Management & Crypto
Background
According to the latest Bank for International Settlements (BIS) survey of foreign exchange volumes, in 2013, almost $5.3 trillion in currencies globally are traded daily. The increasing…
Read moreThomson Reuters partner with BestX to offer independent TCA service to FX buy-side
by Kylene Casanova
Bringing it altogether: BestX will also adopt Thomson Reuters FX market data to power the proprietary models in their BestX FX Best Execution Analytics application
New FX tools for monitoring RMB risk
by Kylene Casanova
This Thomson Reuters report describes the development of the yuan into an international trade currency, underlining the need for a group of indices to monitor and hedge RMB movements.
62% of OTC trades centrally cleared – BIS surveys
by Kylene Casanova
More dealers are clearing over-the-counter interest-rate derivatives through central counterparties but central clearing is far less common for other types of OTC trades, according to the BIS.
Renminbi increasingly used for trade with China/HK
by Kylene Casanova
Seven countries began to use the renminbi for more than 10 per cent of their direct payments (by value) with China and Hong Kong in the two years from October 2014 to September 2016.
More corporates seeking opportunities in currency arbitrage
by Kylene Casanova
Companies are increasingly taking advantage of differences in FX pricing to borrow at lower costs, with euro-denominated debt issued by US companies set to reach record levels this year.
Cost and return of FX transactions in the spotlight
by Kylene Casanova
Volatile currency markets and MiFID II are bringing the value of FX trading into focus, with corporates and institutions placing more importance on cost and returns.
FX performance measurement service launched by SWIFT
by Kylene Casanova
HSBC is the first customer to use SWIFT's newly-launched information service, FX Business Insights, which allows clients to continuously measure their FX business performance.
RMB back to #5 globally & UAE shows stellar growth in RMB adoption
by Kylene Casanova
Special edition of SWIFT’s RMB Tracker provides consolidated overview of the RMB’s journey towards internationalisation with snapshots of EMEA, France, Germany, Switzerland and the UAE
What do treasurers need to know about smart contracts?
by Kylene Casanova
Smart contracts are creeping into the news and into financial jargon. Make sure you're up-to-speed on their applications and features.
London is losing share in global FX trading as Asia increases - permanent decline?
by Kylene Casanova
Trading in foreign exchange markets averaged $5.1 trillion per day in April 2016. Spot share declined while swap volumes rose in large part due to increased trading of FX swaps involving yen
FX Risk Management in a New Era of Volatility
by Kylene Casanova
New AFP Executive Guide examines factors that affect treasury practitioner’s ability to identify and manage foreign exchange risk, and the key stages required in setting and implementing a FX risk management policy
RMB returns to 5th currency slot as SWIFT payments currency volumes decrease by 10%
by Kylene Casanova
SWIFT’s RMB Tracker shows RMB usage across South Africa has more than doubled in volume over the past two years
Standardised FIX guidelines to improve post-trade processing
by Kylene Casanova
The FIX Trading Community's new guidelines will improve post-trade processing for futures, equity swaps and FX equity options.
Wells Fargo joins CLS as the 65th settlement member + new data service
by Kylene Casanova
CLS and Quandl to distribute aggregated FX data
Brexit “will double” FX volatility impact – FIREapps report
by Kylene Casanova
The FiREapps Quarterly Currency Impact Report for Q1 has found that exposure to foreign exchange (FX) volatility has cost companies $20 billion in the first quarter of this year.
Thomson Reuters expands post-trade network by adding EBS
by Kylene Casanova
Thomson Reuters, the provider of news, information and technology for financial markets, has added the FX platform EBS to its post-trade network.
Why the financial and business communities must listen to anti-EU voters
by Kylene Casanova
This is why businesses and the financial community – clinging on to the possibility of remaining in the EU – need to listen carefully to the social discontent behind Britain's anti-EU vote.
Are corporates ready for ‘violent currency swings’ on Friday?
by Kylene Casanova
Pressure is mounting with just hours to go before the UK votes on whether to remain or leave the European Union. Corporate treasurers are increasing liquidity and preparing for FX volatility.
Are FX benchmark fixings appropriate in today’s millisecond FX trading markets?
by Kylene Casanova
Using a fixing rate rate can cost you. What is needed is a fair price at the moment that you make the payment
Thomson Reuters launches 2pm FX benchmark for corporate cross-border transactions
by Kylene Casanova
Thomson Reuters has launched a new FX benchmark service that will enable corporates to value, hedge and settle cross-border transactions.
RMB falls to 6th place in global currency payments by value
by Kylene Casanova
SWIFT RMB index: in April 2016 RMB decreased by 7.7% whilst overall all payments currencies decreased by 4.60%
FX global code of conduct to promote standards and efficiency
by Kylene Casanova
The Bank for International Settlements has published the first phase of the global code of conduct for global FX markets, aimed at raising standards and promoting fairness and efficiency in currency markets.
Banks losing FX market share to non-bank liquidity providers – survey
by Kylene Casanova
The success of non-bank FX liquidity providers such as XTX Markets and the loss of combined market share of the top five banks are two trends highlighted in this year's Euromoney FX survey.