A flying start to 2007
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"The markets have given us a nice chance to make money. We're seeing volatility," said a New York-based trader. "Customers seem to be putting on fresh risk, which is always good; and the uncertainty about the Fed [rate moves] is really good."
Currency pairs moved across the board with carry currencies seeing the most activity as traders look to gain exposure to high-yielding currencies, according to one London-based trader.
"It has been an excellent start to the year," he said. "It's been great
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Reduced reliance on PvP and heightened fragmentation threaten market resilience
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Buy-side focus on FX exposure will drive development
Call for clarity on last look rejections
Asset managers say holding periods “far in excess” of what is necessary for risk checks
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
FXall bolsters frontier liquidity with new partnership
The alliance will extend liquidity to several currencies in Africa and Asia
