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
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 moreNew 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
SAFE simplifies FX rules for investors in China
by Kylene Casanova
China's State Administration of Foreign Exchange (SAFE) has issued a circular, which will come into force on 1 June 2015, simplifying its regulations of FX administration for direct investment.
RBC completes first cross-border payment on Canada’s new Renminbi Trading Hub
by Kylene Casanova
Other developments: CCB taps Euroclear for first RMB listing; CIPS international payment system should cut level of payment rejections; Freescale netting and automated USD sweeps from Tianjin, China to HK
AFP: Five ways treasurers can protect their company’s earnings from FX swings
by Kylene Casanova
FiREapps shows how vital it is to control FX swings: in 2014 North American & European corporates lost a combined $39.54 billion revenue due to currency impacts. Analysts now very interested in FX swi
BNP Paribas Currency Guide - how to make successful payments in 130+ currencies
by Kylene Casanova
Currency Guide unveils the whys, whats and hows of making payments in over 130 currencies
Overcome the good, the bad & the ugly in today’s FX market & cut your FX costs
by Kylene Casanova
WEBchat-discussion: BetterFX’s Matt Richardson, and New Change FX’s Andy Woolmer discuss today’s wild FX market. And how to REALLY understand your costs, and to cut them significantly
ANZ builds RMB capabilities in Shanghai and Hong Kong as RMB falls to 7th position
by Kylene Casanova
Internationalisation of RMB continues but volatility appears. SWIFT's Tracker shows in February overall RMB fell to 7th position as offshore countries, excluding Hong Kong, now represent 25% of RMB pa
New Change FX launch NCFX Umpire to cut pension funds & asset managers FX costs
by Kylene Casanova
NCFX Umpire ensures easy understanding of detailed foreign exchange costs by providing objective measurements, and enables corporates to control their FX providers. FX costs are becoming transparent
RMB progresses: Canada launches RMB hub; first offshore funding of Chinese co.
by Kylene Casanova
Canada aims to boost trade with China through their HUB, and internationalisation of the RMB continues as it is now possible to use offshore RMB funding
Standard Chartered RMB Globalisation Index Up 2.3% in Jan, fastest in 8 months
by Kylene Casanova
Expect near-term USD/CNY upside risk; band widening unlikely until at least H2-2015
IFX Forum Publishes Version 2.4 of IFX Business Message Specification
by Kylene Casanova
Forum's Annual Meeting, April 27-29, to discuss Future Plans
betterFX: top to bottom optimised FX management process should be your goal
by Kylene Casanova
Essentials of FX: manage your total costs of cross-currency payments and transactions, it’s not just the FX rate that counts, but the total cost of the transactions
RMB strengthens position as second most used currency for documentary credits
by Kylene Casanova
Maintains position as fifth most used currency as value of payments decreased overall