Leading women in FX talk about breaking the glass ceiling as the latest scandals reinforce the macho stereotype of the industry. Could the rise of electronic trading influence gender dynamics?

Dollar dominance continues; RMB inclusion in IMF reserve basket symbolic.

Leading P2P providers are confident their FX products can rival leading banks, but tech bulls concede the shifting FX market-structure landscape will still see the top-tier financial institutions dominate.

The New York Attorney General’s decision to investigate the posting of false bids and offers in the FX options market for emerging-market currencies is further evidence of increasing regulatory interest in spoofing – if not yet clear evidence of a sustained crackdown on the practice.

The $150 million fine imposed on Barclays this week for abusing its last-look policy on clients' currency orders until as recently as three months ago signals another nail in the coffin for the controversial practice, say analysts.

The new trading platform for emerging-market currencies is now live with the Indian rupee, Brazilian real, Chilean peso and Colombian peso.

The euro has emerged as a funding currency, and traditional euro/dollar safe-haven dynamics have broken down.

Interoperability rather than exclusivity appears to be the likely path to success for corporate blockchain services.

The Trans-Pacific Partnership (TPP) has been criticised in the US for ignoring the question of currency manipulation. The US Treasury hoped it could appease those concerns with a joint declaration by the countries involved, pledging to avoid such practices – but critics look far from convinced.

Randomization continues to divide opinion, with proponents’ claims of reduced latency arbitrage set against concerns over reduced certainty of execution and wider spreads.

One month in and it’s a case of so far so good for the China International Payment System (CIPS), even allowing for limitations in operating hours.

Having done well from their exposure to the RMB during the past decade, the currency’s surprise devaluation in mid-August should force Chinese companies to brush up on hedging strategies that were rusty at best, but many are instead simply focusing on opportunistic borrowing strategies.

The AKP’s surprise victory last weekend added momentum to a lira relief rally that had begun in the run-up to the election, with some investors punting a strong government will kick-start reforms stalled since Turkey’s last election in June – but the rally is likely to prove short lived unless PM Davutoglu makes reputable appointments in key economic posts.

Companies that use over-the-counter (OTC) derivatives to manage foreign-currency earnings exchange-rate risk will have taken note of recent pro-active developments on market reform in Asia and Africa. The next step – mandatory clearing in Asia – will trigger a wave of margin compression and shifts in market infrastructure.

China's quarter-point rate cut last Friday is the latest attempt to revive a flagging economy. But although currency liberalization is on the agenda in the longer term, the People's Bank of China is unlikely to be ready to cede control of the renminbi’s de facto dollar peg just yet as depreciation pressures grow.

Regulators have cited portfolio compression as one way market participants can reduce risk in their trading. TriOptima has long provided the service for other asset classes, but until now it has not been available for FX swaps and futures.

Bitcoin is riding high after a recent European Court of Justice ruling that users in Europe are not liable to pay value-added tax when trading the cryptocurrency. But regulators worldwide are divided on whether it is a commodity or a currency and are still probing the advent of bitcoin derivatives as exchanges flourish to satisfy traders' demand for a wider range of products.

Growing use of Islamic finance places greater importance on the ability of corporates to access hedging solutions that are complaint with Shariah principles.

Foreign-exchange market participants are warming to the idea of exchange-like trading and abolishing outdated market practices such as last look – but banks and non-bank players still cannot agree on the future landscape of FX, according to a survey published by LMAX Exchange.

Establishing an industry-wide netting utility to handle fix execution is likely to prove challenging, even with the support of the organization mandated to promote financial stability.

‘Probably no more than a dozen’ likely to become principal market makers.

Having moved to fill the gap left by departing FX prime brokers, prime-of-prime (PoP) providers are set to capitalize on increased interest in pre-trade risk management.

Commodity exports overvalued the real; manufacturing went 'down the drain'.

The FX platforms that have emerged this decade acknowledge that remaining competitive means doing more than simply offering lower commission rates.

Agency desk execution has been described as the way forward for banks looking to reduce costs and retain clients, but it is far from clear as to whether most institutions will go down this road.

The Financial Stability Board (FSB) has issued a progress report for the reform of the FX benchmarks business, expressing satisfaction with the overall progress the industry has made – but it called for a greater role for smaller benchmarks other than WM, while suggesting smaller banks are also lagging their larger peers.

View the results of 27,000 survey responses from treasury professionals.

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Banks in Poland and Croatia will only have themselves to blame if they end up footing the bill to resolve the Swiss franc mortgage problem.

Offshore renminbi has passed another milestone, becoming the first non-CLS settled currency to be tradeable on ParFX – but China’s regime of exchange-rate controls still casts a long shadow over the market’s infrastructure.