e-FX uptake continues to grow
by Kylene Casanova
A new report released today, 'Trading Slowdown Can't Stop the Electronification of FX', by Greenwich Associates shows that the continued adoption of e-trading by large numbers of institutions and
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 moreGlobal march of the RMB: IFC launches short-term RMB facility for private firms
by Kylene Casanova
IFC, a member of the World Bank Group, has introduced an innovative financial instrument to help China internationalize its currency, issuing the first renminbi-denominated note under its global discount note progra
EBS, ICAP’s electronic FX business, has launched two new products on EBS Market, its flagship anonym
by Kylene Casanova
The first trade in EUR/USD was executed by a major Indian private sector bank on the EBS Market on January 24 and spot USD/INR (US dollar/Indian rupee) is now available for onshore bank customers to trade.
EU derivatives rules will come into effect in mid-March
by Kylene Casanova
The European Parliament, meeting in Strasbourg, France, has decided not to pursue a resolution which, if passed, would have forced yet more delays in the EU's long-awaited post-crash centralised derivatives clearing
JFX launches a rebate program for its FX clients
by Kylene Casanova
JFX, the online forex trading specialist, has launched a rebate program allowing clients to receive money whenever they place trades. Each month, clients receive a pleasant addition into their trading account which
New Forex broker opens for business. Aims to save your precious time
by Kylene Casanova
New forex broker ForexTime Ltd (FXTM) announced the official start of its operations with the activation of its Cyprus Investment Firm (CIF) license and the launch of its website www.forextime.com.
Renminbi growth continues: Standard Chartered Renminbi Globalisation Index up 2.8% in December and S
by Kylene Casanova
RGI, posted another new high of 748 in December, up 2.8% from November's 728 in part due to
FX volatility & setting budgets
by Kylene Casanova
FX volatility is often omitted from financial planning, usually because the owner of the budget 'drafts' the FX assumptions with little research or uses the banks' consensus view of the FX market.
Applying a Portfolio Management Framework to the currency hedge decision
by Kylene Casanova
John Bird, Atlas Risk Advisory LLC, in his white paper, describes how many companies hedge each exposure to a preset hedge coverage ratio according to policy. Nevertheless, in practice they will
IASB’s change to flawed IFRS 9 Language is corporate win, but complicates accounting for FX Hedges a
by Kylene Casanova
The IASB's alternative solution applies a fix to the way the IFRS 9 amendments, issued last September, treated the element of currency basis in forward FX pricing, which would have left companies exposed to signific
London increases lead in foreign exchange trading as global turnover drops 7%, but will the Financia
by Kylene Casanova
The City UK's latest estimates show that the UK accounted for 37% of global foreign exchange trading in October 2012. These estimates are based on individual surveys of foreign exchange activity also released today
Swap management and systemic risk control is getting easier as CICI Global Legal Entity Identifier i
by Kylene Casanova
The Depository Trust Clearing Corporation (DTCC) and SWIFT announced today that their global legal entity identifier (LEI) solution had progressed at a robust pace since its August, 2012 launch with more than 47,000
AFEX launches enhanced version of AFEXDirect which provides the ability to schedule payments to bene
by Kylene Casanova
AFEX, one of the world's largest non-bank providers of foreign payment solutions, with international payment expertise around the globe, today announced the launch of an enhanced version of AFEXDirect™.
360T sign software collaboration agreement to incorporate FENICS FX Options Pricing engine into serv
by Kylene Casanova
FENICS® Software Ltd, a GFI Group Inc. company, announced today that it has signed an agreement with 360 Treasury Systems AG "360T" to embed the FENICS FX Options Pricing engine (FENICS ePricer) into 360T's TEX mult
Bloomberg’s take on the new Foreign Exchange (FX) Hedging mindset
by Kylene Casanova
This article on gtnews by Bloomberg's Alison Fletcher describes a new attitude they see developing among treasurers world-wide. She believes that the traditional approach where corporate treasurers focused on lookin
Understanding the currency wars and investment strategy
by Kylene Casanova
Tangent Capital Partner Senior Managing Director Jim Rickards talks about currency wars and his investment strategy in an interview with on Bloomberg.
Five ways for releasing trapped cash in China
by Kylene Casanova
At the recent Cash Management University in Paris, BNP Paribas explained how there are now five ways to release trapped cash in China:
Pay Chinese suppliers in RMB to save USD
by Kylene Casanova
In a session at NACHA's 2012 Global Payments Strategies Conference, Alfred Nader, vice president, corporate strategy and development at Western Union Business Solutions, urged corporates to trade in renminbi with th
eFX newsheet from Deutsche Bank
by Kylene Casanova
Deutsche Bank's eFX team have launched an e-newsletter to keep clients up-to-date and to show off their services.
Are you being screwed on FX? Check with Transaction Cost Analysis
by Kylene Casanova
The annual FX market turnover is some $4 trillion per day (Bank for International Settlements) and FX has been one of the largest sources of bank trading profits for many years. Yet it is all too easy to accept the
RTS partners with Squared Financial to offer global spot FX and precious metals trading offering mul
by Kylene Casanova
RTS Realtime Systems Group (RTS), a global trading solutions provider, and Squared Financial Services Limited, a broker offering ECN-style trading across a broad mix of liquidity pools, announced today that they had
Standard Chartered launches Global Renminbi Index which tracks Renminbi-based business activity worl
by Kylene Casanova
Standard Chartered today announced the launch of the Standard Chartered Renminbi Globalisation Index (RGI) – the first industry benchmark that effectively tracks the progress of Renminbi-based business activity worl
Key takeaways on capturing and managing FX exposure
by Kylene Casanova
In their presentation on FX exposure management, Rob Waddell and Mark Stegman from Brown-Forman, the 'producer and marketer of fine quality beverage alcohol brands', they listed the key takeaways from their experi
Effective strategies for managing currency exposure
by Kylene Casanova
The fascinating presentation by Bob Elliot, Assistant Treasurer Global Cash Management, Eaton Corporation and Cindy Krause, Treasury Advisor, KeyBank entitled 'From Data Point to Decision: Effective Strategies for M