Clearing houses operating in the EU would be required to ring fence all collateral deposits linked to trades in products like FX swaps and forwards under proposals released by the EU’s European Securities and Markets Authority (ESMA) today.

The Swiss National Bank (SNB) has announced plans to open a Singapore office to help it manage its huge FX reserves and enforce the minimum exchange rate it imposed in EURCHF.

The People’s Bank of China moved this week to lift a $1 billion cap on a sovereign-level onshore investment window. But will central banks and sovereign wealth funds take the bait?

CME Group, the world’s largest derivatives and futures exchange platform operator, is set to launch trading in INR non-deliverable forward (NDFs) FX contracts through its Globex portal by January 28.

Deutsche Bank, the world’s number-one FX bank for the past eight years, has made changes to its FX management committee after the departure of Greg Knight, head of its FX leveraged trading group and co-head of its spot execution business.

Some seasonal fun from the strategists at Deutsche Bank, who have come up with 13 outliers for 2013 that have the potential to surprise and move the FX market.

The chief executive for the Americas at 360T Trading Networks has left the company, according to sources familiar with the matter.

There is a growing addiction to speed and transparency within the trading activities of the FX market’s buy-side as the use of algorithmic tools increased by 14% in 2012, according to a survey by technology vendor StreamBase.

Advanced Markets, the US-based FX platform, has hired a sales and operations executive to bolster its institutional presence.

Central banks and sovereign wealth funds (SWFs) received a friendly poke in the ribs over the weekend from the People’s Bank of China (PBoC) after the bank said that foreign investors could increase the size of their investments in onshore assets.

Phil Weisberg, the founder and chief executive officer of FXall, has been appointed global head of FX for Thomson Reuters’ trading platform business Marketplaces, as part of a management shake-up that comes five months after it acquired FXall.

FXCM, the leading online FX broker, has promoted its head of EMEA and Asia options sales to run the global forex options sales business.

The once-popular notion of G10 economies engaging in currency wars largely disappeared from the market’s agenda in 2012, but investors should be prepared for the concept to regain popularity in 2013.

FXDD, an institutional and retail forex broker, has voluntarily set aside $3.3 million after being asked to do so by independent industry regulator the National Futures Association (NFA) as part of a trade quoting and pricing investigation.

Taiwan is experiencing delays in establishing itself as an offshore renminbi hub judging by the slow pace of development in the past few months, indicating that political tensions continue to plague the relationship between the city and the mainland, says Asiamoney, a sister publication of EuromoneyFXNews.

Yahoo Japan Corp., owner of the nation’s largest Web portal, acquired CyberAgent Inc.’s foreign- exchange unit for 21 billion yen ($254 million) to take advantage of the growing market for mobile FX trading on smart phones

Reports in the Australian press that the Reserve Bank of Australia (RBA) has been urged to intervene to suppress the strength of the AUD are unlikely to be heeded.

The management of LMAX Exchange, the open order book FX and metals multilateral trading platform, has agreed to buy out the majority stake in the business held by online betting company Betfair.

FX brokers using Tradable, the open-source forex trading platform, can now trade with Citi through CitiFX TradeStream, which aggregates liquidity from select providers.

Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, it has completed the merge of its Global Income and Currency Fund into its Diversified Currency Opportunities Fund. Nuveen said the Diversified Currency Fund acquired all the assets and liabilities of the Global Income and Currency Fund, in a statement.

Improving prospects for China and reduced odds of a eurozone break-up are positive for the Australian dollar, argues BCA Research, one of the world’s leading independent providers of global investment research.

The fact that USDJPY is testing its highs as the market awaits a Federal Reserve decision, one that will probably deliver more quantitative easing (QE) in the US, is telling.

The resilience of the euro after last week’s European Central Bank (ECB) meeting reflect concerns that other main central banks could pursue further easing measures, but negative rates and weak demand for eurozone assets do not bode well for the single currency.

JPMorgan Private Bank has appointed a former Barclays banker as its new global currency strategist.

The People’s Bank of China (PBoC) has withdrawn from spot market intervention but has kept the dollar-renminbi mid-point fixing fairly steady – and HSBC expects this shift in policy towards a market-driven exchange rate to continue next year, says Asiamoney, a sister publication of EuromoneyFXNews.

The US Commodity Futures Trading Commission’s (CFTC) division of swap dealer and intermediary oversight has exempted swap dealers and leading swap participants from the requirement to disclose pre-trade mid-market marks to counterparties in certain FX transactions.

The US Commodity Futures Trading Commission’s (CFTC) division of swap dealer and intermediary oversight has exempted swap dealers and leading swap participants from the requirement to disclose pre-trade mid-market marks to counterparties in certain FX transactions.

The resilience of the EUR after last week’s European Central Bank (ECB) meeting reflect concerns that other main central banks could pursue further easing measures, but negative rates and weak demand for eurozone assets do not bode well for the single currency.

SuperDerivatives, the derivatives pricing vendor, has launched a new cloud-based data platform covering a number of asset classes that will cost $1,500 per year for new customers.

Gain Capital Group, the US arm of the global retail and institutional FX broker, has agreed to buy GFT Forex’s US-based retail FX client book, after GFT announced this week it was shuttering the business to focus on the institutional sector.