Barclays
Barclays’ global co-head of EM and G10 flow trading departs
James Hassett leaves UK bank after 17 years in various senior FX trading roles

Why NDF execution algos might still hit the spot
Products have yet to live up to initial hype, but their long-term potential is significant

Mutual funds dump two-thirds of FX options positions in Q4
Counterparty Radar: Morgan Stanley Investment Management leads fall in volumes with big cuts to RMB trades

Best Banks Awards 2022: The winners
JP Morgan picks up six awards and BNP Paribas takes three under a new, revamped process
Barclays scraps additional hold time on last look
With more disclosures expected this month, list of LPs ditching controversial add-on continues to grow
Banks turn to analytics playbook to take on FX platforms
Dealers aim to lure clients from high-fee multi-dealer platforms with improved investment analytics
Electronification allows Singapore to take on the world
SG1 data hub enables city-state to consolidate its position as key centre for trading
New FX trading engines power growth for banks in Singapore
Influx of banks setting up electronic matching engines drives trading volumes in city-state
FX class action case to go ahead on opt-in basis
Firms will have to sign up to US-style class action against six banks accused of FX manipulation in UK
Barx FX to donate net commission to cancer research
Algo trading platform plans four-day fundraising drive in March for Leukemia & Lymphoma Society
Quantum computing: kryptonite for bitcoin and cyber security
Race is on to secure new encryption algorithms for DeFi, before quantum computers become a present danger
Dealers look to cut SDP prices amid platform fee battle
JP Morgan offers different pricing for single and multi-dealer venues; Barclays mulls same approach
Regulators moot public utility to tackle settlement risk
Idea floated as battery of initiatives vie to address slowing use of PvP services
Opt in or opt out: an FX class action decision worth millions
Six banks accused of manipulation may see 40% reduction in damages if UK lawsuit proceeds along ‘opt-out’ route
Hedging valuation adjustment gets cold shoulder from banks
Dealers back the idea of charging for hedging costs – including FX options – but not as part of a new XVA
Drax commits to ESG-linked FX derivative targets with UK banks
Renewable energy supplier applies long-term ESG KPIs to short-term FX trades with Barclays and NatWest
Could private match-making sink public market?
Rise in internal hedging sparks debate over its threat to price discovery
Vanguard extends forwards dominance as Citi dips
Counterparty Radar: Fund giant responsible for more than a third of total forwards volumes and half of EUR/USD in Q4
New hedging tools for corps will test sales teams
Advances in automation could spell big changes in skills required of bank salespeople
Banks boot up next-gen hedging bots
Automated FX hedging can save money and time, proponents argue. But corporates have qualms
Citi extends lead in FX forwards, BNP Paribas climbs
Counterparty Radar: Total value of forwards positions jumps 11% after second-quarter dip
FX Markets Best Banks Awards 2020: The winners
Citi takes 12 categories, including best bank for FX; HSBC follows with six wins
Filings reveal biggest FX forwards dealers
Counterparty Radar: Group of four banks executed 48% of sector’s trades during second quarter
Barclays targets internalisation with new NDF algos
UK bank’s five algos aim to match-off more flow than G10 pairs