The bitcoin futures race began in earnest as exchange operator CME Group challenged another Chicago exchange that had launched the first digital currency futures a week before.
The dollar dipped against a basket of major currencies, on caution ahead of a vote in US Congress on tax reform, after the bill moved another step closer to ratification over the weekend.
Sterling rose, breaking a two-week losing streak as traders capitalised on the dollar’s broad weakness to add positions after the European Union gave the green light to move Brexit talks to the next stage on Friday.
The initiative is intended to open a new channel for trading the renminbi in London, supporting the internationalisation of the Chinese currency and bringing new business to London’s financial markets as they prepare for Brexit.
Euro-dollar cross-currency basis swap has only been this far negative during periods of extreme stress.
Swelling cryptocurrencies interest among retail investors in Japan means that foreign exchange brokers in the Asian country face a “higher risk of failure”, an analyst at Deutsche Bank has warned.
Blank cheque companies, bitcoin’s swings dwarf futures contracts and QE effects.
“Pre-hedging”. Who invented this phrase and, more pertinently, what was their intended definition?
European Union states and legislators agreed on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.
The Commodity Futures Trading Commission (CFTC) has released a proposed interpretation concerning its authority over retail commodity transactions involving virtual currency, such as bitcoin.
The US Commodity Futures Trading Commission (CFTC) has added 21 new names to the Registration Deficient List (RED List).
Hong Kong’s regulator is offering ‘fast-track’ model approval to banks, as it seeks to become a regional hub for the booking of derivatives.
Revised registration requirements could improve US access to international swap markets – associations.
The impending advent of MiFID II has focused market participants’ attention on the matter of best execution, and while spot foreign exchange is not “in scope” of the legislation, many clients and service providers have taken the decision to embrace it into their spot FX activities.
Cboe Global Markets’ Data Shop has added historical spot foreign exchange and bitcoin data from Cboe FX to its range of offerings.
Barclays has decided to become a systematic internaliser (SI) from 3 January under MiFID II for all products including FX, rates, credit and equities.
Citi and CME Clearing have implemented a real-time distributed ledger platform developed by Baton Systems, a payments technology provider.
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.06% gain in November. Year-to-date, the index is up 0.25%.
Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange, up nine percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.
South Africa’s rand endured choppy trading as investors awaited the results of the ruling party’s knife-edge leadership contest, initially hitting a fresh three-month high before giving up practically all of its gains.