Trading

• Tech and data

Asia keener to adopt mobile FX trading – BidFX

Fintech firm updates mobile app to offer more features; security concerns represent major development challenges

• 13 Feb 2020

• Trading

FX HedgePool goes live with three buy-side firms

Two US buy-siders trade with European firm on peer-to-peer utility created for them to source liquidity from each other

• 04 Feb 2020

• Trading

PBoC extends market closure as coronavirus spreads rapidly

Chinese central bank extends interbank markets closure and vows to maintain ample liquidity

• 29 Jan 2020

• Regulation

Will a regulatory shake-up see market quality improve?

Richard Elston, head of CMC Institutional, talks to FX Week about how regulatory change is manifesting itself in 2020 and why this will leave the entire industry in a stronger position for the future.

• 27 Jan 2020

• Foreign Exchange

Accessing liquidity in emerging market currencies

HSBC explains the importance to global investors of accessing local expertise to mitigate FX market risk and execution costs.

• 13 Jan 2020

• Trading

BNP Paribas to launch e-FX pricing engine in Singapore 

BNPP is latest bank to set up Singapore pricing engine; readies Cortex Live launch with AI and data tools

• 06 Jan 2020

• Technology

Banks look to virtual data warehouses to unify trading desks

Adding a virtual layer could help take the burden off the traditional data warehouse

• 03 Jan 2020

• Wholesale

JP Morgan: beating lower margins, flat volumes and the competition

Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players

• 24 Dec 2019

• Wholesale

FX HedgePool: move to clearing may be irresistible

Jay Moore says balance sheet pressures will redefine buy-side credit relationships

• 18 Dec 2019

• Foreign Exchange

Smarter trading in a fragmented world

FX Week recently hosted a webinar in partnership with Refinitiv to ask FX industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped FX markets in Asia.

• 17 Dec 2019

• Stress Testing

Banks step up stress-testing of Hong Kong dollar peg risk

Flurry of FX options trades make banks re-evaluate exposures

• 12 Dec 2019

• Trading

FX market growing, but more risky – BIS review

Reduced reliance on PvP and heightened fragmentation threaten market resilience

• 10 Dec 2019

• Awards

Weathering the storms of market turbulence

• 09 Dec 2019

• Algorithmic Trading

BidFX eyes expansion in execution tools and algos

Buy-side focus on FX exposure will drive development

• 05 Dec 2019

• Trading

Call for clarity on last look rejections

Asset managers say holding periods “far in excess” of what is necessary for risk checks

• 27 Nov 2019

• Wholesale

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

• 25 Nov 2019

• Trading Systems

SVB Financial Group invests in TickTrade Systems

Parent company of Silicon Valley Bank partners Toronto-based fintech to bolster FX offering

• 25 Nov 2019

• People

JP Morgan trader Aiyer guilty of price-fixing conspiracy

Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market

• 21 Nov 2019

• Awards

Best Bank Awards: Barclays

Barclays is voted Best bank for GBP/USD at the 2019 FX Week Best Bank Awards

• 20 Nov 2019

• Hedge Funds

Building a hedge fund to challenge legacy players

Ross Newell, business development manager at CMC Institutional, discusses some of the challenges faced by those looking to formalise their independent FX trading activities into a structured fund, and why the demands of the investors should never be…

• 18 Nov 2019

• Clearing and settlement

Rising initial margin costs tilts the balance in favour of clearing

As international standard-setters have extended the implementation period of the lowest threshold for the uncleared margin rules (UMR) to 2021, Kahyang Chong, head of ForexClear product, Europe, the Middle East and Africa at LCH, explores the options…

• 18 Nov 2019

• People

BNPP appraisal challenges Katz’s credibility

Former trader’s supervisor highlighted poor performance on FX swaps and bad risk management in 2011 review

• 14 Nov 2019

• People

Katz pushed complicated trades off on Aiyer

Former Barclays trader lost large trade when defendant delayed pricing it for him

• 13 Nov 2019

• People

Jason Katz: ‘I wasn’t ready to admit what I had done’

Taking the witness stand, former trader admits he was initially untruthful to DoJ

• 07 Nov 2019