Foreign Exchange

Eurex to add FX futures and options

European derivatives exchange Eurex is to launch futures and options FX contracts in October as the industry increasingly moves to on-exchange trading of derivatives.

Integral applies to launch FX SEF

FX trading solutions provider Integral Development has joined the growing list of swap execution facility applicants.

Equity-like market for FX emerging

An equities-like market in which the buy-side can trade foreign currency with one the another is set to rise in the next three years, putting pressure on banks that currently dominate the market, a recent study has found.

Buy-side targets FX benchmarking, within relationship framework

Institutional investors are pressing for greater visibility on FX prices from brokers via equity-like transaction cost analysis, but still accept that the best service is based on an in-depth relationship with sell-side partners.

SGX plots new FX futures

The Singapore Exchange is consulting the market on the potential launch of four new foreign exchange futures contracts, ahead of a prospective Q3 launch.

Banks ramp up FX trading solutions

Denmark's Saxo Bank has launched a prime brokerage solution that offers institutional clients, retail brokers and prop trading firms direct access to FX liquidity providers and venues globally.

CME lays final BRIC with Indian rupee futures

Derivatives venue and clearer the Chicago Mercantile Exchange has extended its emerging market currency offering with new Indian rupee-based FX futures contracts.