United States (US)
EM forecaster of 2019: City Index
CNY could hit 7.5 in H2 2020 as trade doubts linger and time runs out for Trump
G10 forecaster of 2019: Rabobank
Sterling’s future is still very dependent on Brexit-related developments, the bank says
First Ibor versus SOFR cross-currency swaps trades
Westpac and Citi strike BBSW/SOFR trade in landmark moment for Australian market
Vanguard: automation is great until it doesn’t work
Andy Maack, head of FX trading, talks about the future of trading, algos and diversity
GFMA: expect new trade lifecycle technology to surface in 2020
FX industry will see more use cases for algos, AI, distributed ledger technology and order routing
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
FX HedgePool: move to clearing may be irresistible
Jay Moore says balance sheet pressures will redefine buy-side credit relationships
Debelle: last look will not be banned
GFXC head says market participants have a choice of whether to use a liquidity provider that employs the practice
Westpac: UK election results blow sterling cap
The pound regained its lustre on the news UK prime minister Boris Johnson secured a majority
FX sales specialist Cifuentes joins BitGo
Formerly at Cboe Global Markets, Andres Cifuentes also worked in prime brokerage at JP Morgan and Morgan Stanley
Westpac: pound rally to continue as hopes for Brexit breakthrough rise
As polling leans towards Conservative majority, the bank warrants outright long cable positions and expects pound surge
Credit Suisse hires Fuligni in FX sales
Hire comes as Swiss bank invests in platform and markets franchise
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
JP Morgan trader Aiyer guilty of price-fixing conspiracy
Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market
Best Bank Awards: JP Morgan
JP Morgan holds on to title of Best bank overall for FX at the 2019 FX Week Best Bank Awards
Best Bank Awards: Danske Bank
Danske is voted Best bank for Scandinavian currencies at the 2019 FX Week Best Bank Awards
Best Bank Awards: Barclays
Barclays is voted Best bank for GBP/USD at the 2019 FX Week Best Bank Awards
iBanFirst expands with NBWM acquisition
More than 1,000 clients will gain access to a variety of FX products and services
Danske Bank: yuan to rise on trade tailwind in 2020
Chinese currency expected to strengthen in light of economic recovery
CLS introduces first data product for FX forwards market
In the past, CLS only provided data products for the FX spot market
BNPP appraisal challenges Katz’s credibility
Former trader’s supervisor highlighted poor performance on FX swaps and bad risk management in 2011 review
Katz pushed complicated trades off on Aiyer
Former Barclays trader lost large trade when defendant delayed pricing it for him
Katz: 'I couldn’t compete with Aiyer'
Former trader said Akshay Aiyer had more resources and that he would sometimes quote the defendant’s prices
Jason Katz: ‘I wasn’t ready to admit what I had done’
Taking the witness stand, former trader admits he was initially untruthful to DoJ