RMB still struggling to become a major international currency
by Jack Large
SWIFT’s RMB Tracker shows that RMB has regained its position as fifth most active currency for global payments as Hong Kong domination of off-shore clearings continues
FX Settlement
Background
A corporate FX transaction involves a bank, on behalf of their corporate client, paying for the currency it sold at an agreed rate to another bank and receiving a different currency in return for the…
Read moreGlobal banks step closer to creating new digital settlement currency
by Bija Knowles
Can a digital currency solve settlement and clearing inefficiencies for global banks? Banks including Barclays, Credit Suisse and HSBC hope to launch the new coin by end of 2018
FX: in the age of the algos tailor them to fit your needs
by Kylene Casanova
Northern Trust launch of a suite of sophisticated foreign exchange client execution algorithms that allow clients to manage their FX exposure with an enhanced level of control and transparency
Why would you not use a bank for FX?
by Kylene Casanova
FX brokers and advisors continue to take SME’s FX business, but for big deals they cannot match the leading FX banks
Citi still #1 for FX, but only just - Euromoney survey
by Kylene Casanova
While FX markets undergo significant technological change, the top five FX banks remain remarkably unchanged, according to Euromoney's 39th annual FX survey
RMB role and share of international payments is declining
by Kylene Casanova
From Dec 2015 to Feb 2017 fell to 6th, whilst Hong Kong clearing domination continues
2016 Review - February
by Kylene Casanova
Corporate treasury on cloud; FX volatility; UK’s Open Banking Standard; ‘One Treasurer’s Wish List’
Integrated platform for both internal / external FX trading and exposure management
by Kylene Casanova
Thomson Reuters Electronic Trading platform enables corporates to run their day to day trading activities and manage internal/external rates, and exposures
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.
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.
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.
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%
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
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
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
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.
Misys - empowering the corporate
by Kylene Casanova
Neil Macro explains how Misys could become the only connection corporates need to transact with the financial world
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.