The Central Bank of Nigeria (CBN) says it has completed a major forensic audit into the country’s foreign exchange transactions under the Retail Secondary Market Intervention Sales (RSMIS) scheme, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As businesses in the United States have had to adjust to a ...

The London Stock Exchange Group’s (LSEG) foreign exchange trading venue, FXall, is preparing to launch a service that separates credit risk from market-making in FX forwards trades with buy-side ...

In July, New Change FX (NCFX) achieved a rare feat: its FX options cut was added to the International Swaps and Derivatives Association’s FX Definitions, allowing financial institutions to reference ...

On April 9, 2025, the Markets Participants Division and the Division of Market Oversight (collectively, the “Divisions”) of the Commodity Futures Trading Commission (the “CFTC”) published a Staff ...

Currency desks had a challenging 2024 as low market volatility fuelled fierce competition for flow, resulting in tighter bid-offer spreads and compressed margins. For strategically growing its ...

The 2019 Bank for International Settlements (BIS) triennial central bank survey certainly makes for better reading for the FX industry than its 2016 edition. Spot trade volumes are up 20% over the ...

Aggressive buy-sell dollar/rupee swap operations by the Reserve Bank of India over the past 10 days have pushed foreign ...