With the acquisitions of Lava Trading by Citigroup and Sonic Financial Technologies by The Bank of New York, the brokerage industry has solidified its movement toward offering direct-execution ...

Direct yen-yuan trading began in June 2012 on foreign exchange markets in Japan and China. Tsuyuguchi Yōsuke, a former Bank of Japan official now serving as senior advisory officer of Shinkin Central ...

China will launch direct trading of yuan with seven more currencies on its inter-bank foreign exchange market from next week, according to the country's foreign exchange trade system. Advisory Alert: ...