Foreign exchange
EBS clamps down on disruptive behaviour with new dealing rules
The platform will more closely monitor practices such as flashing of orders as part of an effort to incentivise liquidity enhancement and drive out disruptive behaviour
Standards multiply as FX TCA takes hold
Increased choice in FX transaction cost analysis (TCA) is giving asset owners more tools to measure the performance of liquidity providers, custodians and trading algos. However, with more opportunities for real-time data capture driving a diversity of…
Regulators leave door open for FX exemption from margin rules
A senior group of regulators has recognised the possible case for an exemption from margin rules for non-cleared FX swaps and forwards - but possibly not those of longer maturities
Managing currency risk: the buy-side perspective
Saima Farooqi asked six industry experts to describe their strategies to navigate through a challenging 2012
Aligning with the new world
The turbulence surrounding the eurozone sovereign debt crisis continues to offer up opportunities to traders willing to think laterally.
Thomson Reuters to acquire FXall by Q3
Thomson Reuters and multibank platform FXall say they have complementary customer bases and good relationships with bank liquidity providers
Tail risk cheap, but few takers
Market dislocation has created attractive tail risk hedging opportunities, but demand is failing to take off, writes Joti Mangat
Eurozone tension expected to cross the Atlantic
Attention of FX market participants is beginning to shift to the effects of the US presidential election and the impending "fiscal cliff"
US Treasury poised to finalise FX exemption
A decision to proceed with the exemption of FX swaps and forwards from clearing and exchange trading is understood to have been made, pending final CFTC product definitions expected this week
The rise of the red-back
Moves to automate the payment process are being matched by interest in RMB trade settlement. Saima Farooqi asks how much progress has been made so far, and talks to those with a yen for yuan
Amundi signs MIM for currency account
Risk-on, risk-off markets boost demand for active currency management
Currency manager platforms expand coverage of CTAs
Multi-manager platforms are expanding coverage of commodity trading advisers (CTAs), as clients look to gain exposure to this rapidly growing segment, say platform officials.
Keeping clear of euro fear
In today’s climate of euro uncertainty and policy risks, Merk Investments says to avoid crowded trades, writes Saima Farooqi
Schneider FX snapped up by Mexican forex provider
Monex Group has acquired UK-based Schneider FX with a view to expanding its global reach into Europe
FX Invest July-August edition now live
Managing currency risk in markets dominated by central bank monetary policy
Carry trade yields 5% annual returns
Carry trades can produce surprisingly high returns, but beware unexpected volatility shocks, write Lukas Menkhoff, Lucio Sarno, Maik Schmeling and Andreas Schrimpf
Lloyds combines mid-market and commercial sales management
Matthew Lawrence steps up to run both sales teams as mid-market sales head Kathryn Ball returns to Australia
Spotlight on: Douglas Pelton, Lufthansa
Douglas Pelton, treasury manager in the liquidity and risk management division at Lufthansa, talks about the German airline's currency exposures and the evolution of the e-FX business
Trading Places, July 2, 2012
RBS loses EM research head, BAML appoints new EMEA investment banking co-heads and the New York Fed promotes Potter to markets group head
Nomura shakes up global FX role
The Japanese bank moves David Steck into a client relationship position, while introducing a co-head partnership for FX sales in the Americas
Investors seek alternative forex hedges for euro crisis
Australian dollar, renminbi and CE3 currencies touted as alternative macro hedges for European debt woes
RBS loses FX UK corporate coverage head
Andy Stocker understood to be moving to Santander, alongside two other sales staff
Northern Trust names new FX chiefs
Gloyne to retire after 18 years of service