All posts tagged "FX"
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323Australia & NZACCC Calls for Lower Fees, More Competition in FX Services
An ACCC inquiry found that consumers continue to rely on the big four banks for FX services despite the availability of much cheaper alternatives.
September 3, 2019 -
718ChinaShenzhen to Pilot Easier Rules on Foreign Exchange Transactions
To facilitate payments in foreign currencies, SAFE’s Shenzhen branch will move away from the approval-based system to shorten settlement to just minutes rather than hours.
August 30, 2019 -
449ChinaSHCH Issues Draft Guidance on Clearing Member Default Management
In the event of a default, Shanghai Clearing House can initiate rapid disposal of non-cash collateral, demand the disposal of a clearing member’s other assets, or perform a forced liquidation, among other measures.
August 9, 2019 -
795IndiaRBI Proposes to Extend Trading Hours for Forex, Money Market
An RBI working group has proposed extending onshore FX trading from 5pm to 9pm, in a bid to recapture liquidity lost to offshore markets in recent years.
July 11, 2019 -
460India
RBI Retail FX Trading Platform Set for 5 August Launch
The RBI has said that FX-Retail, the electronic platform for retail foreign exchange trading, will be launched on 5 August.
June 21, 2019 -
1.0KChinaSFC Warns FX Brokers Against Servicing Mainland Clients
Licensed corporations and their controlling entities are asked to review the legality of the services they offer, and immediately discontinue “unauthorised or illicit activities”.
June 18, 2019 -
663MalaysiaBNM Issues Draft Rules for Electronic Trading Platforms
BNM has issued a policy document laying out its expectations of companies providing electronic trading platforms in the FX and money markets.
June 17, 2019 -
1.2KFeatureSingapore Bourse Pushes into Foreign Exchange Market
SGX wants to reduce its reliance on equity index derivatives by aggressively pushing into the FX markets over the next five years.
June 12, 2019 -
510IndiaRBI to Roll Out Retail FX Trading Platform in August
The new trading platform is expected to improve pricing by unifying the existing fragmented market structure.
June 10, 2019 -
925Australia & NZASIC Warning Prompts FX Brokers to Halt Overseas Services
Two Australian FX brokers announced they will stop servicing overseas customers, after ASIC warned they may be breaking the law in other jurisdictions.
May 22, 2019
