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
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 more‘Biggest pool of FX liquidity’ now accessible through single interface
by Kylene Casanova
Thomson Reuters has launched a single desktop interface for FX Trading, facilitating access to “the industry’s largest collective independent pool of FX liquidity”.
Chilean CCP ComDer clears $100 billion in NDF derivatives since launch
by Kylene Casanova
Chile's first Central Clearing Counterparty, ComDer, has cleared half of the country's non-deliverable forwards on its Swift messaging platform.
Renminbi cross-border payment system goes live
by Kylene Casanova
China today launched its cross-border renminbi payments systems, the Cross-Border Interbank Payment System (CIPS).
Yuan pips yen to become fourth global payments currency
by Kylene Casanova
The Chinese renminbi has become the fourth most-used payments currency, as of August 2015, according to the Society for Worldwide Interbank Financial Telecommunications (Swift).
EIU survey finds corporate treasurers focused on weak economy and FX risk
by Kylene Casanova
A combination of weak economic growth and volatility in foreign exchange markets are the dominant risks facing corporate treasurers, according to the Economist Intelligence Unit.
R5FX goes live with Latam FX trading
by Kylene Casanova
R5FX leading the market evolution from voice to screen in EM currency trading
FX volatility is main challenge to cross-border trade
by Kylene Casanova
One-fifth of companies who took part in a currency risk outlook survey said they intend to increase their FX hedging activity in 2015.
Thomson Reuters increases FX Matching venue market data frequency for some FX pairs
by Kylene Casanova
Market participants trading spot instruments in these pairs will benefit from improved price discovery and greater trading opportunities
UK increases lead in global FX trading while global turnover falls
by Kylene Casanova
TheCityUK estimate that UK increased its share of global FX trading in April 2015 to 43.1% – up 1.7% compared to six months ago, and just short of its record of 43.2% twelve months ago
Review your hedging strategy now for volatile times ahead
by Kylene Casanova
With volatility in major currency pairs set to continue, it's more important than ever for corporate treasurers to hedge their foreign currency exposures.
CLS settlement service for cleared FX products
by Kylene Casanova
CLS Group has announced it will develop a service to facilitate the settlement of cleared foreign exchange products.
South Africa’s Renminbi payments up by a third
by Kylene Casanova
Renminbi is now the currency of choice for three in 10 payments between South Africa and Greater China, according to Swift's RMB Tracker
New Eikon app creates real-time data visualisations for FX traders to pinpoint value
by Kylene Casanova
Thomson Reuters Eikon currency value tracker enables FX market participants to quickly scan multiple relative value indicators across multiple currency pairs in real-time
Deutsche Börse expands FX trading operations with 360T acquisition
by Kylene Casanova
The German exchange has entered into a definitive agreement to buy 360T, the global e-trading platform, for €725 million.
BIS launches working group to strengthen FX market standards
by Kylene Casanova
The BIS has announced that the Foreign Exchange Working Group, headed by Guy Debelle, is now operational.
Unusually predictable trading patterns uncovered in FX market
by Kylene Casanova
Research has highlighted unusually predictable trading patterns in the spot FX market during the 4pm London 'Fix'.
Transactions in Indonesia must now be in rupiah
by Kylene Casanova
Bank Indonesia has announced the mandatory use of rupiah for transactions within Indonesia, as of 1 July.
How FX volatility can eat away at corporate earnings
by Kylene Casanova
Fireapps's latest Corporate Earnings Currency Impact Report looks at the total negative currency impact for North American and European corporates in the first quarter of 2015.
Euromoney survey shows Citi dominated global FX in 2014
by Kylene Casanova
HSBC ranked number one for corporate client flows for the first time
HSBC predictions for how RMB use will evolve over next 12 months
by Kylene Casanova
Import/export trading will be the most common driver for RMB transactions, but outside of Asia-Pacific slight weakening of demand which is unlikely to improve for some time
RMB is #1 in Asia Pacific for payments with Greater China
by Kylene Casanova
According to Swift's RMB Tracker, the renminbi has overtaken four other currencies to become the most-actively used currency in Asia for payments with China and Hong Kong.
Citi pioneers Global RMB Netting Solution with Samsung Electronics
by Kylene Casanova
Offers significant opportunities for liquidity and working capital optimization to multinational companies
ICAP’s EBS eFix Matching service growing rapidly plus more currency pairs
by Kylene Casanova
Meets FX market’s need for auditable electronic fix execution