Deutsche Bank, the No.1 FX bank, has started offering clients FX forwards order functionality on its electronic platform Autobahn. Adam Vos, its global head of forwards, believes it is the first bank to offer such a service on a single-dealer platform.

More pressure on East African currencies; Kenyan central bank raises rates

Thomson Reuters, the inter-dealer trading platform, said average daily FX spot volumes grew 6% in September, reaching the second-highest level on record.

Exit would be more expensive than bailing out the periphery.

Hassell shuns future acquisitions; Litigation and regulation unavoidable expenses

PM forces repayment discounts; 1 million borrowers eligible

Revamped pricing boosts turnover; profits from SNB intervention.

Rydex SGI has launched an ETF tracking the Chinese renminbi – the CurrencyShares Chinese Renminbi Trust.

Bank’s monopoly under threat after the launch of rival products by Citigroup and Morgan Stanley.

CLS Group, the multi-currency cash settlement system, settled a record average daily value of $5.21 trillion in September, a month-on-month increase of 8% and a year-on-year increase of 23%, the company announced.

The deadline of 2019 recommended by the Independent Commission on Banking (ICB) to implement a ‘ring-fence’ is necessary to ensure banks do not fail the requirements outlined, claim analysts.

While banks at Sibos were focused on the changing nature of the regulatory landscape in the developed economies, together with the potential gains to be made in the emerging markets, what were the corporate clients talking about?

There have been plenty of senior personnel changes in the transaction banking business in recent years, with Bank of America Merrill Lynch perhaps the most active hirer and Citi perhaps the most frequently targeted bank (Paul Simpson, BAML’s head of global transaction services; Carole Berndt, head of EMEA global treasury services in London; and Ivo Distelbrink, head of Asia Pacific global treasury services in Hong Kong, are all ex-Citi).

As the industry faces up to more stringent regulation in the west, the mood at this year’s Sibos convention was extremely mixed. That’s why many bankers are turning to emerging opportunities, most notably in Asia and Latin America. Nathan Collins reports from Toronto.

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Foreign exchange volumes in the multi-dealer e-trading market are soaring. Competition to be the application of choice on end-users desktops is heating up. Can Bloomberg steal a march through its ubiquitous terminals? Hamish Risk reports.

This year’s cash management survey is particularly significant given the growing recognition of the value of cash management services in the wake of the global financial crisis and increasing concerns regarding investment banking.

Introducing extra tariffs in retaliation to China’s nominal exchange rate will not solve the American trade deficit, claim analysts.

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