Trading

• Trading

FX vol revived by Covid-19 - but for how long?

Traders split on whether virus impact, or central bank responses, will prove most powerful

• 30 Mar 2020

• Trading

ESG-linked hedges raise interest – and questions

Carrot-and-stick trades pay off if green targets are hit, but setting and monitoring those goals is tricky

• 26 Mar 2020

• Trading

In choppy FX markets, algos buck expectations

Goldman, Nomura and others report increased volumes, although some clients revert to principal quotes

• 23 Mar 2020

• Trading

For FX dealers, virus brings volumes

Mixed feelings for sell-side traders as Covid-19 spurs wave of speculation and hedging

• 09 Mar 2020

• Trading

India exchange to debut rupee derivatives settled in US dollar

Launch of onshore futures and options unlikely to dent offshore volumes, though

• 06 Mar 2020

• Trading

Dealers turn to mid-cap and EM deal-contingent trades

Premiums of more than 25% are attractive to banks battling low vol and increasing competition

• 03 Mar 2020

• Trading

FX options see record volumes as yen goes off-script

Coronavirus outbreak and recession fears trigger frenzied trading in USD/JPY options

• 26 Feb 2020

• Trading

Who killed FX volatility?

Beyond central bank policy, traders see a range of hidden structural factors at work

• 24 Feb 2020

• Trading

First SOFR versus CORRA cross-currency swap hits market

JP Morgan and National Bank of Canada extend SOFR cross-currency trading into Canadian market

• 21 Feb 2020

• Trading

Vanguard takes the P2P plunge

Interview: Andy Maack seeks to lower costs and dealer dependence via buy-side matching

• 19 Feb 2020

• Trading

Morgan Stanley FX loss leaves ill-feeling, questions in wake

Options traders saw odd quotes by US bank months before losses were publicised

• 16 Feb 2020

• Trading

Investment Association calls for standardisation of FX reject codes

The 13 new high-level categories will allow rejection causes to be remedied quicker

• 05 Feb 2020

• Tech and data

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

• 04 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 injects 1.2 trillion yuan as markets plunge

Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%

• 04 Feb 2020

• Trading

Spot volumes on platforms resumed downward trend in 2019

But an uptick was seen in FX swaps and forwards submitted for settlement

• 03 Feb 2020

• Foreign Exchange

FX Week February 3 2020 digital download (exclusive to FX Week Corporate subscribers)

• 03 Feb 2020

• Trading

BIS calls for wider adoption of FX Global Code

Yet some industry participants question the benefits of asset managers signing up to the voluntary principles-based document

• 30 Jan 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

• Trading

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

• 27 Jan 2020

• Foreign Exchange

FX Week January 27 2020 digital download (exclusive to FX Week Corporate subscribers)

• 27 Jan 2020

• Trading

Morgan Stanley more than doubles Q4 Ficc revenues

All US banks see Ficc revenues improve substantially in Q4 versus a year ago

• 24 Jan 2020

• Trading

StanChart’s e-FX trading engine goes live in Singapore 

Trade latency has been cut by more than 80%, Standard Chartered says

• 23 Jan 2020

• Tech and data

Colombia culls external reserve manager to boost competition

From 2016–18, the central bank reduced the number of institutions from seven to six

• 22 Jan 2020