Trading

• Trading

The importance of minimising market impact

Market impact is a nuanced subject – one industry veterans are well aware of. But, with fundamental changes over the past decade shifting how FX markets function, a swath of new service, technology and liquidity providers has emerged. David Fineberg,…

• 18 Sep 2020

• Trading

How Shell integrated FX algos into its corporate treasury mix

Interview: oil giant puts up to 50% of spot flows through algos, explains FX head Michael Dawson

• 02 Sep 2020

• Trading

Nomura targets US in FX rebuilding effort

Return of volatility sees Japanese bank rehire in New York and focus global business on Asian pairs and FX options

• 28 Aug 2020

• Trading

MUFG: Covid response could spur e-FX shift in Japan

FX head says operational agility during pandemic could lead to greater electronification

• 21 Aug 2020

• Trading

FX research bounces back amid volatility

Dealers report sharp rise in client demand for research

• 22 Jul 2020

• Trading

Bargain-hunting equity hedgers turn to FX

Currency options are cheap relative to stock index puts, but correlations are uncertain

• 01 Jul 2020

• Trading

FX unlimited: how Eaton Vance tackles credit constraints

Interview: Clearing has allowed firm to add 50% more LPs, says veteran trading head O’Brien

• 30 Jun 2020

• Trading

RMB hedging comes onshore as regulators liberalise FX market

Foreign investors turn to CNY for bond hedges as rule changes spur more competition

• 25 Jun 2020

• Trading

How did markets fare with volatility in the new liquidity landscape?

By all accounts, markets have been relatively subdued for the past few years. Simon Campbell, group head of trading at CMC Markets, discusses how – while there have been occasional flurries of volatility around Brexit, the US elections and the trans…

• 16 Jun 2020

• Trading

Banks tout early roll dates for FX swaps as quarter-end looms

Asset managers open to more flexible hedging strategies since March turbulence, say dealers

• 11 Jun 2020

• Trading

Appetite for renewed Fed dollar swap lines in doubt

With up to $300bn of positions nearing expiry, some say FX swap market can meet banks’ funding needs

• 10 Jun 2020

• Trading

Behind the mask: FX market raises fears over tagging ‘abuse’

Front running and tag refreshing concerns abound on semi-anonymous trading platforms

• 04 Jun 2020

• Trading

USD/HKD carry trade shrugs off interventions

Rate differential drives Hong Kong currency higher despite HKMA’s efforts

• 02 Jun 2020

• Trading

Turkey turmoil opens door to offshore NDF market

Emta openly discussing documentation for offshore lira

• 29 May 2020

• Trading

Choppy markets revive quest for RFQ’s ‘magic number’

Deutsche argues for smaller, stronger panels; Citi offers better prices for 'full amount' trades

• 28 May 2020

• Trading

BLTs and glitchy Wi-Fi: lockdown life for FX execs

With traders transacting trillions from their living rooms, currency markets are adapting to new normal

• 26 May 2020

• Trading

Andreas König’s crisis playbook meets Covid-19

Interview: Trading from home may be odd, but Amundi’s FX head was ready for other stresses

• 21 May 2020

• Trading

Lebanese central bank official arrested over currency allegations

Currency crisis deepens as prime minister and central bank trade accusations

• 19 May 2020

• Trading

Banks struggle to keep trade flows in-house during volatility

Directional markets in March tested dealers’ ability to internalise risk

• 19 May 2020

• Trading

Inside March madness with Citi’s Tuchman

Interview: Trading rooms went virtual, central banks stepped up – but some platforms flopped

• 14 May 2020

• Trading

Investors trade the drama out of the crisis

How LGIM, Axa IM, Manulife and other buy-siders tackled the toughest markets since 2008

• 13 May 2020

• Trading

Forwards spreads fall but won’t hit January levels, say traders

While bid/offers have shrunk since March’s highs, dealers expect them to remain elevated

• 06 May 2020

• Trading

Market turmoil causes traders to pull back to vanilla strategies

Emerging markets spreads tighten but liquidity still patchy

• 04 May 2020

• Trading

Charted: rush for dollar liquidity fades

Figures from central bank dollar repo facilities show waning demand, but outstanding swaps still high

• 30 Apr 2020