Skip to main content
RSS Feed

Latest FX News

Institutional

Survey: Treasurers Cite Visibility of FX Exposures as Key Concern A lack of visibility of FX exposure and reliability of forecasts is the most common challenge facing corporate treasurers, according to a new survey from Deloitte. In the survey, which included responses from 133 corporations from around the world, 56% of treasurers ...
Paper Warns of “Burden” of Collateral Settlement Fails DTCC-Euroclear Global Collateral a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), in cooperation with PricewaterhouseCoopers (PwC), have published a white paper, “Implications of Collateral Settlement Fails: An Industry Perspective on Bilateral OTC Derivatives.” The paper examines ...
Bank of Canada to Change FX Rate Publication Process The Bank of Canada has announced it will change how it publishes its foreign exchange rate data to further reinforce the distinction between central bank reference rates and benchmark fixing rates. The BoC says that the changes will come into ...
Report Sees Benefits in Multi Asset Class Carry Although the carry trade is most widely associated with the foreign exchange market, a new report by Campbell & Company offers research into the “powerful portfolio effect” and “superior long term, risk-adjusted returns” that can be gained from a multi-asset class ...
CLS Volumes Rebound from December, Down YoY The average daily value of trades submitted to CLS in January was $4.84 trillion, up 8.3% from December 2015, but down 8.9% year-on-year. This is consistent with the volumes being reported by the OTC multibank platforms, which – with the exception of Fastmatch – have all ...
Xiginite Closes $20.5m Funding Round Cloud-based data supplier, Xignite, has closed a $20.5 million Series C funding round led by a unit of Japan's biggest financial information provider, Nikkei. Nikkei's Quick Corporation was joined by StarVest Partners, Altos Ventures, and Startup Capital Ventures in the round, ...
Samsung Securities to Settle on CLS in South Korea Samsung Securities has become the first non-bank financial institution (NBFI) to join the CLS system via third party access in South Korea. The South Korean securities company is now settling FX transactions in CLS via its third party service provider, ...
Digital Asset Closes $50m Funding Round Digital Asset Holdings, a developer of distributed ledger technology has raised more than $50 million in funding from a broad range of financial services firms. The firms include ABN Amro, Accenture, ASX, BNP Paribas, Broadridge Financial Solutions, Citi, CME Ventures, Deutsche ...
ETFs Continue to Grow in Importance, Says Report The continued growth and flexible nature of Exchange Traded Funds (ETFs) as an investment tool has seen the asset class taking on a far more important and strategic role in institutional portfolios, according to a new report from Greenwich Associates. ...
Report Sees Changing Bond Markets A new report from the Tabb Group says that 2016 is shaping up to be the year of fundamental and organic market structure changes for the US OTC fixed income markets. The report – U.S. Fixed Income Market: Industry Trends & Drivers 2015 – ...