EBS, the Icap-owned FX exchange, is refining its existing brokerage offerings to second- and third-tier banks with the launch of new last-look platform EBS Direct.

The IntercontinentalExchange (ICE) has launched two new cash-settled foreign exchange futures contracts.

The shock announcement that Mark Carney, Bank of Canada (BoC) governor, is set to take the helm of the Bank of England (BoE) has boosted the pound, but don’t forget the Canadian dollar.

Gain GTX, the institutional division of online FX broker Gain Capital, has signed an agreement to provide the trading technology for the launch of the Indonesia Commodity and Derivatives Exchange’s (ICDX) new currency contracts.

The restructuring of the Credit Suisse FX team continues as the eFX Americas sales co-head leaves the bank, according to sources with knowledge of the matter.

Newscape Capital Group, the London-based investment and advisory firm, has launched a new currencies-and-interest rates Ucits fund targeting opportunities among the Organization for Economic Cooperation and Development (OECD) economies.

Alpari, one of the world's leading retail fx brokers, has teamed up with Integral to provide access to new sources of liquidity from banks, multi-dealer platforms and non-bank market-making institutions.

The US Treasury’s announcement after markets closed on Friday, November 16, that it will exempt FX swaps and forwards from regulation under the Dodd-Frank Act meant the market had something to be thankful for on Monday morning.

The offshore renminbi (CNH) market needs a single pricing benchmark to further product development but rate convergence shows capital liberalisation has begun, says ANZ, reports Asiamoney, a sister publication of EuromoneyFXNews.

EURCHF will break below the Swiss National Bank’s (SNB) floor in the longer term, says BCA Research, one of the world’s leading independent providers of global investment research.

A long-term change in the status of the USD is under way, with the currency shifting from a funding to an investment vehicle.

The current trend of low returns in the global equities markets is increasingly driving investors to seek out alternative asset classes for generating alpha.

The narrative over the eurozone crisis is blindsided by venom over the single currency's supposed ills, but that shouldn't detract attention away from the need for structural reforms.

Zar Amrolia, who has led Deutsche Bank’s FX division to the number-one position in the Euromoney FX survey for the past eight years, has been promoted to co-head the bank’s newly created fixed income and currencies (FIC) group, as it seeks to broaden electronic trading across all asset classes.

The introduction by HSBC of a service that allows corporate treasurers to authorize large block payments on mobile devices has seen a significant take up from its customer base, exceeding expectations since it was introduced just over one year ago.

Jyske Bank, Denmark’s third-largest bank, has selected technology firms Progress Software Corporation and Caplin Systems to jointly develop its new single dealer platform (SDP) for FX.

A top 3 liquidity provider is one of the eight banks providing spot liquidity to a new electronic price-distribution hub product launched by DealHub, according to sources familiar with the matter.

The Royal Borough of Windsor and Maidenhead on Tuesday closed its tender for a currency overlay completion manager for its £1.5 billion pension fund, according to Nick Greenwood, the manager of the fund.

The US Treasury decision to exempt FX swaps and forwards from regulation under the Dodd-Frank Act should not be a surprise to anyone participating in the FX markets.

Attempting to hold on to a long USDJPY position has been frustrating in recent months, as Japan’s trade position has deteriorated and tensions with China have escalated, but the time could finally be ripe for a push higher.

Concerns about currency movements are set to drive the expansion of the multi-million-dollar European market for client reporting tools, according to a report by Oliver Wyman Group consultancy Celent.

Attempting to hold on to a long USDJPY position has been frustrating in recent months, as Japan’s trade position has deteriorated and tensions with China have escalated, but the time could finally be ripe for a push higher.

In Part 1, China Law and Practice, a sister publication of EuromoneyFXNews explored the big picture issues affecting outside investment in China. In part 2, CL&P looks at how the various forms of investing in China work in practice.

FX revenues at leading investment banks in the first nine months of 2012 were down sharply amid reduced volatility and declining volumes, according to consultancy firm Coalition.

Swedbank, the second-largest bank by assets in Sweden, is intensifying its efforts to establish itself as a specialist hub for Scandinavian currency trading.

In Part I of a two-part special, EuromoneyFXNews sister publication China Law and Practice explores the current state of play on how foreign investment flows in and out of China.

Average daily volumes (ADVs) on Hotspot FX, the multi-dealer platform owned by Knight Capital Group, fell in October after the platform posted gains in September following a dismal August.

RavenPack, the technology company, has created a news-based macro-economic and geopolitical index that it says can outperform traditional forward-looking surveys to predict the path of the global economy.

UBS plans to strengthen its FX and precious metals business in the wake of October’s restructuring, which saw it shrink its investment bank and withdraw from a number of fixed-income businesses.

Bloomberg has expanded FXGO, its multi-dealer FX platform, to include options – creating a venue easily accessible for its “huge universe” of subscribers.