Foreign exchange

• Infrastructure

LSEG buyout finally unshackles Matching and FXall

After watching the market evolve around them, platforms can finally get on the front foot

• 21 Jun 2021

• Trading

Inside Wells Fargo’s bid to take on big FX players

The third-largest US bank by assets plans to use large corporate flows to lure institutional clients

• 17 Jun 2021

• Tech and data

Dealer concentration in FX forwards

Counterparty Radar: data shows panel depth and top bank share correlated to size of manager’s book

• 15 Jun 2021

• Our take

Shining a light on FX algo disclosures

FX Markets’ new algo database will enable readers to compare offerings from the major providers

• 09 Jun 2021

• Trading

Algos on parade: how top FX algo providers stack up

New FX Markets algo database shows differences across internalisation, analytics and client data handling

• 08 Jun 2021

• Tech and data

Vanguard, FX forwards kingmaker

Counterparty Radar: How the fund giant influenced banks’ overall forwards fortunes in 2020

• 01 Jun 2021

• Tech and data

US funds’ FX forwards settlement dates show clustering effects

Counterparty Radar: Analysis shows concentrations appear on certain dates, which can differ by currency

• 25 May 2021

• Trading

FX code adherents may get better pricing, say LPs

If trading platforms reveal buy-siders’ code status, signatories could see lower prices

• 13 May 2021

• Infrastructure

Dollar’s share of global reserves falls to 25-year low

Gradual decline may stem from currency diversification by emerging market central banks – IMF report

• 10 May 2021

• Infrastructure

Singapore’s SWF starts work on cross-border payment network

JP Morgan, DBS Bank and Temasek say project will build on collaboration with MAS

• 04 May 2021

• Trading

Invesco bets on new tech to refine its FX trading

Home-grown tool will improve order routing and execution strategies, asset manager believes

• 29 Apr 2021

• Infrastructure

BIS to operate sterling liquidity facility backed by BoE

Move echoes twentieth-century arrangements when BIS acted as intermediary in swaps network

• 28 Apr 2021

• Regulation

Simm template to be expanded for SA-CCR and FRTB

Crif-plus will capture risk exposures for all instruments, boosting optimisation potential

• 27 Apr 2021

• Trading

Franklin Templeton and Citi top for FX options

Counterparty Radar: Data shows US bank as top dealer for mutual funds in Q3 and Q4, while Californian manager is biggest user

• 15 Apr 2021

• Tech and data

Price limits in FX algos: fill your boots

Do limits affect performance? Double machine learning helps answer the question, says BestX quant

• 31 Mar 2021

• Tech and data

FX industry shows little appetite for single API

Market players sceptical over need for standard programming code to connect clients with services

• 30 Mar 2021

• Infrastructure

IMF weighs up $650 billion SDR issuance

Figure would allow Biden administration to avoid a vote in Congress

• 25 Mar 2021

• Infrastructure

FX HedgePool targets Europe as volumes grow

Platform eyes expansion, as swaps volumes hit $1.5 trillion since inception

• 25 Mar 2021

• Infrastructure

Could private match-making sink public market?

Rise in internal hedging sparks debate over its threat to price discovery

• 23 Mar 2021

• Trading

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

• 18 Mar 2021

• Infrastructure

Deutsche Börse eyes quantum computing

Pilot application to model enterprise risks cuts computation time from 10 years to 30 minutes

• 15 Mar 2021

• Regulation

GFXC sees no changes to code on pre-hedging

Committee rejects calls to set more strict boundaries to controversial practice

• 11 Mar 2021

• Tech and data

OTC FX options market gears up for faster electronification

Share of electronic trading remains low but host of factors promise to change that for good

• 08 Mar 2021

• Tech and data

Optimisation firms prep for SA-CCR boom

FX expected to be big focus of industry’s new slimming drive – and vendors are jockeying for position

• 03 Mar 2021