Clearing of Chilean NDFs hampered by netting uncertainty

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10 October 2011   New Issue Update This week's top story Central banks shy away from euro reserves New data from the IMF's currency reserves database suggests reserves accumulation has slowed during 2011 and the appetite to hold euro reserves has also waned, particularly on the part of emerging market central banks Categories: Reserves Topics: Eurozone, CENTRAL BANK NEWS, International Monetary Fund (IMF), Barclays Capital, euro ... Mobile   RSS FX Invest Middle East The premier congress for FX investors across the Middle East Hosted by FX Week, FX Invest Middle East will bring together leading buy-side practitioners from across the Middle Eastern region and showcase the latest initiatives and strategies that have been successfully implemented by investors in the FX space. This one day, one stream event will help you to understand how recent global developments impact the forex market as well as how to identify where the opportunities are in order to take advantage of this highly profitable industry. Packed with presentations, panel discussions and networking breaks this will be your opportunity to make the most out of your time away from the office, get updated and meet with new and existing clients. More of this week's news Clearing of Chilean NDFs hampered by netting uncertainty The Central Bank of Chile has the authority to stop financial institutions netting down their transactions, which participants fear might prevent central counterparties from being able to clear contracts denominated in the Chilean peso G-10 troubles fuel sell-off in EM currencies Declining risk appetite and a flight to quality have driven a sell-off in some emerging market currencies and pushed up the cost of hedging, say participants Sterling: hamstrung by the latest round of QE? With the announcement from the Bank of England on October 6 of a further round of quantitative easing, the consensus view of contributors to FX Week's currency forecast index is that cable will remain around 1.55 for the next three months, despite being at 1.67 earlier in the year. Miriam Siers talks to strategists about their expectations for the UK currency …Breaking news from FX Week… FX Invest October edition now live! Find out more... The October edition of FX Invest is now available to all subscribers of FX Week. Click here to download the October issue of FX Invest, the new quarterly sister magazine to FX Week, and join our growing community of buy-side readers. FX Invest uncovers the key issues affecting buy-side traders through in-depth interviews, news and analytical features. The markets are changing. Discover how to manage risk while taking advantage of the opportunities that are presented. --------------------------------------------------------------------------------------------------- Complimentary audio: Nick Beecroft, senior markets consultant at Saxo Bank in London, warns that financial markets are at the brink of crisis 2.0. To view click here Editor's letter Dispelling the myths of HFT Central bankers can no longer ignore the impact of high-frequency trading on the FX market Forecast Euro depreciation was inevitable, says TD Securities TD Securities tops the 12-month forecast rankings with predictions of a negative outlook for the euro       © Incisive Media Investments Limited 2011, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093 Incisive Media website GO Accreditations Digital Publisher of the Year 2010 Data Protection Incisive Media are contacting you at the following address - autoforextradingpro@gmail.com If you prefer not to receive this email, please unsubscribe Do we have your current details? You can update your details on our website. Mail filter If your ISP filters incoming email, please add the following domain to your list of approved senders to make sure you receive the email alerts and newsletters to which you may be subscribed; @newsletters.incisivemedia.com. View the instructions on how to do that. Contact us If you have any questions or comments regarding this email please contact: email.enquiries@incisivemedia.com Privacy policy View our Privacy Policy for Incisive Media