The Mexican peso is expected to underperform
most of its peers in the emerging markets, according to a survey of FX
corporate and sales executives, traders and strategists attending Bloomberg’s
FX16 Symposium found.
Out of more than 120 respondents, some
TradAir, a front office technology provider, has signed a contract to
supply UOB Bullion and Futures (UOBBF) with its platform for trading leveraged
FX, non-deliverable forwards and precious metals.
UOBBF is the Singapore-based
brokerage arm of United Overseas Bank Limited.
Following the results of the UK referendum decision to leave the European Union last week the common consensus amongst FX market participants has been that the biggest surprise – apart from the result itself – was how well the FX market handled ...
Former Barclays FX trader Chris Ashton is
to appear at a hearing at the East London employment tribunal on July 13
against the bank, which he is suing for unfair dismissal, confirms his lawyer
Ashton is suing Barclays for ...
Asian corporates and CFOs cited FX risk as the financial
risk that they are most concerned about, according to a new survey from Thomson
Reuters and Asset Benchmark Research.
In the report accompanying the research results, it notes
that as ...
A further deterioration in investor appetite for UK assets,
together with a potential rise in the number of vulnerable households and
increased fragility in financial markets are among the main risks that the
Financial Policy Committee of the Bank of ...
CLS Group has
announced that Wells Fargo has joined as a settlement member.
Wells Fargo joins 64 other settlement member
banks in becoming a direct participant in CLS’s settlement and risk mitigation
system – which settles approximately $5 trillion a day on ...
Former Barclays head of spot voice FX trading Chris Ashton claims
he was “scapegoated” by the firm in the wake of the investigations of the Financial
Conduct Authority (FCA) into alleged manipulation of FX rates, and that he was