Trading

• Trading

Is there an optimal time to trade FX?

CME’s Phil Hermon delves into futures data to search for the ‘hidden liquidity’ available during the trading day

• 07 Oct 2021

• Trading

Morgan Stanley bests Citi as top forwards shop for US funds

Counterparty Radar: A $30bn boost from Vanguard sends MS to top of Q2 charts

• 22 Sep 2021

• Infrastructure

Dealers back CLS plans for EM settlement system

12 banks announce support for project to extend PvP protection to certain CLS-ineligible currencies

• 13 Sep 2021

• Trading

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

• 02 Sep 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

• 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

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

• Tech and data

Passive algos and patient traders

Are all passive fills worth having? XTX’s Matt Clarke says not

• 07 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

• Trading

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

• 20 Apr 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

• 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

• 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

• Trading

Has Covid stopped the clocks on FX timestamp efforts?

Budget reallocation may not be the only factor stalling standardisation progress, say participants

• 23 Feb 2021

• Infrastructure

First P2P trade completed on Siege FX

Dark pool aims to match algo orders among its 30 buy-side clients

• 18 Feb 2021

• Infrastructure

Digital Vega, Spark deal hints at wider shake-up for platforms

Two trading tech firms seek point of difference as dealers cull vendor relationships in cost-cutting drive

• 29 Jan 2021

• Regulation

Banks nervy over GFXC plan for algo cover sheets

Disclosing inner workings of algorithms could result in loss of intellectual property, banks warn

• 28 Jan 2021

• Regulation

A peek inside GFXC’s algo cover sheets

Order priority and segregation policy among the items under discussion

• 21 Jan 2021

• Our take

Asset managers hold the key to any FX revival

For a regime shift to truly occur, long-term investors need to get on board

• 14 Jan 2021

• Regulation

Guy Debelle on the FX Global Code and the rise of the buy side

Code’s creators considering updates to sections on last look and pre-hedging

• 23 Dec 2020

• Our take

Benchmark rigging scandal: a remake in the making

Regulators should act now to prevent any repeat of the fixing scandal of 2013

• 20 Nov 2020

• Trading

Big moves, but no panic after tumultuous US election

Treasury market saw its largest post-election move since at least 2000 – but liquidity held up

• 05 Nov 2020

• Tech and data

Why bigger can be better with FX options

Large notionals often trade at significantly tighter spreads than smaller ones. Simon Nursey at Digital Vega explains why

• 04 Nov 2020