Forwards
FX swap volumes set to rise on China govvies index inclusion
Traders expect greater use of FX derivatives if FTSE Russell adds bonds to the WGBI this week as expected
The FX swaps client clearing comeback
With possible price savings and non-bank competition, chatter about the service is picking up again – but significant hurdles remain
Swaps platform aims to cut out the banks – but not entirely
Peer-to-peer newcomer FX HedgePool targets asset managers’ month-end hedging activity
SA-CCR adoption may spur wider FX swaps clearing
With up to 90% lower exposures on offer, dealers say capital benefits could outweigh margin costs
Jittery ringgit spurs options growth in Malaysia
Local corporates seek new hedging tools, but longer-term options liquidity lacking
CLS data scientists try to decode FX volatility
New team has flood of info to work on, after Covid-19 trading surge pushes March volumes up 27%
Asia keener to adopt mobile FX trading – BidFX
Fintech firm updates mobile app to offer more features; security concerns represent major development challenges
Average reported daily UK FX turnover hits record high
Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April
Refinitiv pledges FX brokerage to Australian bushfire relief
The area already burned is triple the size of the land destroyed by the 2018 California fires and six times that of last year's fires in the Amazon
FX HedgePool: move to clearing may be irresistible
Jay Moore says balance sheet pressures will redefine buy-side credit relationships
CLS introduces first data product for FX forwards market
In the past, CLS only provided data products for the FX spot market
Citi reshuffles FX management
Move intends to foster greater alignment of trading across the bank’s major product lines
Danske overhauls FX technology to rebuff Tier 1 competition in Nordics
Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates
MUFG eyes financial institutions, pension funds in expansion
Japanese bank wants to build a broader client base beyond corporates
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
360TGTX to unveil new NDF streaming to aid bank algos
Complementary offering set to go live next quarter
TraderTools to allow banks to white-label forwards and swaps
Firm gears up to give regional banks an algo suite in coming weeks to help market-making abilities
LCH plans major FX clearing expansion
CCP to tackle cash-settled options, deliverable swaps and standalone service for deliverable forwards
Eurex faces more delays to cross-currency swap clearing
Clearing house eyes June release; dealers voice concerns over liquidity and margining
Deutsche Börse in talks to buy Refinitiv FX units
Negotiations confirmed, but not whether FXall is on the sale block
ParFX takes first step for moving into NDFs
Trading platform has snapped up an MIC code as it explores building a platform for the growing FX segment
LCH brings automation to ForexClear
Firm collaborates with Genesis to automate exercise and options expiry
CME Group gets Dutch approval for Amsterdam entity
Some businesses will transition to CME Amsterdam BV to keep serving EU27 clients