Why treasury urgently needs to invest in FX risk management capabilities
by Kylene Casanova
Deloitte calls for investment in treasury's FX data processing and analytics tools, as FX exposures remain one of the weak spots of corporate treasury.
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 moreUK jumps ahead of Singapore as the second largest offshore RMB clearing centre
by Kylene Casanova
40% of all payments made between the UK and China/Hong Kong are exchanged in RMB
NewChange FX release independent foreign exchange Transaction Cost Analysis tool on Microsoft Office
by Kylene Casanova
Free trial period for the NCFX TCA tool which delivers easier and more accurate analysis of your FX deals
FiREapps: In 2015: $112.04 bn in revenue was erased by currency headwinds
by Kylene Casanova
Q4 Currency Report over 80% larger than Q4 2014 and concludes that “we are reaching a tipping point for disclosures of currency headwinds in north american corporate earnings calls”
BIS announces 2016 survey of FX and OTC derivatives markets
by Kylene Casanova
The Bank for International Settlements has announced the 11th Triennial Central Bank Survey of Foreign Exchange and Over-The-Counter Derivatives Market Activity.
Corporates ill prepared for FX volatility ahead – Deloitte survey
by Kylene Casanova
Deloitte's survey of 133 FX risk managers is a response to recent volatility in the FX market over the past year and its impact on businesses. It gives a snapshot of how corporates expect to cope with volatility
Bitcoin breaks - this week the network capacity maxed out
by Kylene Casanova
Average transaction time increased to 43 minutes as network overwhelmed by continued growth of Bitcoin transactions and charges also rose. Are the rivalries and brinkmanship showing the limits of the Bitcoin dream?
How corporate treasurers should manage currency fluctuation risks
by Kylene Casanova
Deloittes Global FX Survey shows levels of uncertainties in 2016 are anticipated to be similar to 2015, WITH currency shifts making a significant impact on company profits & current volatility of sterling
Shanghai renews commitment to x-border RMB payment centre by 2020
by Kylene Casanova
This month the municipal government of Shanghai included its plans to establish a cross-border renminbi payment and clearing centre by 2020, as part of its 13th Five-Year Plan.
FX volatility catches corporates unprepared
by Kylene Casanova
FX volatility during the past year has put increased pressure on corporate hedging programmes, according to a survey by Wells Fargo.
What is happening on Bitcoin? Should corporates invest any time or money in it?
by Kylene Casanova
Views on Bitcoin vary as widely as the price. Leading developer quits due to structural problems in system, while Cardinal Commerce issues ”A Merchant's Guide to Bitcoin"
FiREapps: Largest total of corporates reporting FX headwinds globally & in N America
by Kylene Casanova
The position in China is extremely worrying, with global impact and it is clear there’s much more to come
It’s now official: Bitcoin was Top Performing Currency of 2015 says MoneyProject
by Kylene Casanova
Against USD Index: Bitcoin +36%, ILS +0.3%, three at 0.0%, rest lost value with worst suffering commodities or geopolitical strife, e.g. UAH -34%
Extended trading hours seek to boost yuan’s global standing
by Kylene Casanova
Trading hours for China's currency, the yuan, have been extended for an extra seven hours as of Monday 4 January, amid global panic at share losses and weak renminbi.
China curbs yuan cross-border business
by Kylene Casanova
China's central bank has taken steps to limit cross-border yuan trading by several foreign banks until the end of Q1 2016, according to reports from Bloomberg and Reuters.
BIS on why emerging market firms finance in dollar
by Kylene Casanova
The Bank for International Settlements has released its December issue of the BIS Quarterly Review, giving its perspective on credit to emerging markets denominated in US dollar.
RMB is second most used currency for Japan-China payments
by Kylene Casanova
China's currency has overtaken both the HK dollar and the US dollar to become the second most used currency for payments between Japan and China/Hong Kong.
Seven ways the RMB’s reserve currency status will affect corporate treasurers
by Kylene Casanova
The IMF has said that China's currency, the yuan, will be added to the reserve currencies basket under special drawing rights (SDR). But what does this mean for corporate treasurers?
Kantox to offer free access to Swift messages
by Kylene Casanova
Kantox – a currency exchange marketplace for SMEs and mid-cap companies – has incorporated automated Swift messages into its platform.
CLS and Markit extend FX settlement to Cross Currency Swaps market
by Kylene Casanova
CLS further enhances financial stability with new service
CLS continues to expand: adds Hungarian forint and a new bank settlement member
by Kylene Casanova
After 2 years preparation and testing CLS adds 18th currency - forint, and FirstRand becomes 64th settlement member
R5FX goes live with Indian Rupee & is now operational in four emerging currencies
by Kylene Casanova
Rapid growth of emerging markets platform continues
China revises rules on FX funds for MNCs
by Kylene Casanova
China's State Administration of Foreign Exchange has announced a change in regulations affecting the centralised operation and management of foreign exchange funds for MNCs.
triReduce CLS Forward FX Compression Service cuts FX trading risk + other benefits
by Kylene Casanova
CLS enhances financial stability by providing risk mitigation and operational services for the global FX market using portfolio compression