Investors continue to shy away from currency-hedged ETFs despite their positive short- and medium-term performance.

Analysts believe Virtu Financial’s acquisition of ITG is largely a positive development for customers of both firms and the wider FX market, despite lingering concerns over access to institutional customer data.

CLSNet – a new payments netting service for FX trades – aims to reduce costs and increase liquidity for market participants.

The role of quantitative traders in the FX market is becoming ever more significant, as the amount of business executed via algorithms continues to increase.

Under-investment in post-trade infrastructure is driving interest in distributed ledger technology as a means of reducing back-office costs.

A combination of regulatory requirements and commercial imperatives are driving interest in quality execution analysis (QEA), a subset of transaction cost analysis (TCA) that is a vital component in measuring FX best execution.

The distinction between retail and institutional FX business is well established, but there is a growing sense that both types of client can be supported on the same platform.

Another financial crisis has rocked the country. As it slips into what could be a deep recession, time is running out to achieve the recovery that could create the conditions for a pro-market candidate to win next year’s presidential elections.

Marex Spectron is making a low-key return to the FX market, just over four years after it terminated its foreign-exchange business.

With new US sanctions looming over Russia and the effects of higher oil prices largely already priced in, will the Russian rouble sink or swim as we approach the end of 2018?

Speed bumps appear to be gathering favour among stock exchanges, but their potential to level the playing field in the FX market is tempered by concerns around transparency and the impact on trading costs.

A boutique broker renowned for the accuracy of its currency forecasts has warned that a no-deal Brexit could see the pound fall to parity with the euro by the middle of next year.

The UK's financial market regulator finds firms still struggling with suspicious transaction reports, but it could be bolder in its criticism.

The market tremors from the FX-fixing scandal and subsequent probe – triggering a flurry of fines, litigation cases and prosecutions – is set to reverberate for years to come. Euromoney investigates the fallout for global banks and possible reforms.

Some six months after its FX Link service went live, CME Group reckons the benefits are being felt beyond the OTC spot FX and FX futures markets.

Participants and analysts have dismissed any concerns about the key findings of the BIS market committee’s electronic markets report relating to the concentration of FX turnover and spot trading fragmentation.

Following in the footsteps of Egypt and South Africa, Nigeria has signed up for a currency swap deal with China, but are swaps all they are cracked up to be?

Some of the proffered solutions to the difficulties of attracting real money into the cryptocurrency market continue to be of the ‘which came first’ variety, such as the hope that increased liquidity from market maturity will lead to reduced volatility.

As few as eight significant multi-dealer platforms could remain standing after further rounds of consolidation sweep the sector, predicts a new report.

FX data providers are surprisingly coy when it comes to discussing the extent to which they have shaken up a market that has been described as ripe for disruption.

The southeast Asian FX market is on fire and it is set to get a further boost thanks to a combination of political and economic turbulence, a regulator committed to facilitating infrastructure investment and increased interest from non-bank market makers.

Traders have been staying away from the Turkish currency this year as they watched a steady decline in its value against the dollar, but the recent deterioration of relations between Turkey and the US sent the currency spiralling into a full-blown crisis.

The regulation recently adopted by the European Securities and Markets Authority (Esma) around the provision of contracts for difference (CFDs) and binary options to retail investors has raised a furore among retail traders and brokers.

Flow Traders is confident that the approach that has made it the leading player in the European exchange-traded products (ETP) market can be replicated in FX as it looks to cash in on increased interest in non-bank market makers.

Providers of FX contracts for differences will be monitoring their trading volumes closely over the coming weeks to see whether warnings of clients moving to unregulated providers come to pass.

Machine learning has gained influence in FX in the last year, although many observers doubt whether the technology has completely mastered the demands of high frequency trading.

Rules-based order routing (RBOR) has become a useful tool for achieving increased trading efficiency, although it does not automatically guarantee best execution.

The Royal Bank of Canada is appealing a judge’s scathing verdict that it sacked a former trader in London for blowing the whistle on lax compliance, citing a ‘robust compliance culture’.

Less onerous regulatory requirements and the proximity to markets where retail FX is prohibited continue to encourage brokers to set up shop in the Middle East, despite ongoing state protection for the Saudi Arabian currency.

Non-bank market makers in Australian FX are not taking away many big clients from banks, but they are taking meaningful market share in smaller clients.