Hedge fund managers are becoming more innovative and open to negotiation over fees in return for the ability to lock in assets for longer.
High-speed electronic market making, already widespread in stocks, is getting a grudging welcome from currency markets.
State Street-owned foreign exchange trading platform Currenex has launched a premium market data feed aimed at increasing transparency and lowering the barrier to entering the FX market.
The Bank of England has announced that its deputy governor for markets and banking, Minouche Shafik, will leave at the end of February 2017.
The central bank governors overseeing the Basel Committee on Banking Supervision backed the “broad direction” of the regulator’s bank capital-rule revamp, while stopping short of providing assurances sought by Europe on the overhaul’s impact.
The pound rose for the first time in four days as hedge funds and other large speculators cut their bets that the currency will fall for a second week before the Bank of England’s latest policy decision.
There is no reason for the Czech central bank to bring forward the expected exit from its weak crown policy, Governor Jiri Rusnok said on Tuesday, adding the bank would welcome a “robust” fulfillment of its inflation target.
A team of fixed income and emerging-markets analysts at Société Générale have come together to offer their two cents about how the outcome of the election could impact the currency market.
A new project has been put in motion by a working group consisting of Europol, Interpol and the Basel Institute on Governance that will attempt to investigate and ultimately put an end to money laundering with digital currency.
The Hounslow trader who is fighting the United States’ claims that he placed spoof bets on the market is to take his appeal against extradition to the High Court next month.
The US House of Representatives has passed a non-binding resolution calling for a national technology innovation policy that includes supportive language for digital currencies and blockchain technology.
At a CFTC meeting last week, Chairman Tim Massad outlined the Commission’s fall priorities. Among them is a supplement to the proposed rule on automated trading, or Reg AT.
Brazil’s currency advanced after a US Federal Reserve Governor played down the case for tightening monetary policy, offsetting local political concerns after protests against President Michel Temer.
The Ministry of Commerce and Industry has proposed setting up of a “formal institutional mechanism” to determine the right value of the rupee for competitive advantage in export markets.
Deutsche Borse’s FX trading platform 360T has launched a fully integrated trade confirmation solution in partnership with Bellin, a provider of Web-based treasury software and services.
SimCorp says it has enhanced its partnership with FX Connect to provide SimCorp Dimension users with full foreign exchange netting capabilities.
Britain’s small and medium businesses are losing billions every year in hidden exchange rate mark-ups on international payments, according to new research.
Sterling fell below $1.33 and hit a low for the day against the euro after Britain’s annual consumer price inflation rate for August came in just below expectations on Tuesday.
The US dollar fell against a basket of major rivals on Monday after comments from a top Federal Reserve official reduced bets that the central bank would raise rates this month by striking a dovish stance, while speculation of a less-accommodative Bank of Japan boosted the yen.
Emerging market currencies are slipping today, as concerns that global central banks may have run out of ammunition continue to weigh on sentiment.
China’s yuan edged up in early trade on Tuesday after the central bank set a higher mid-point although traders were unwilling to push the currency too high ahead of looming holidays.