Trading

• 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

• Trading

NDF access will help tame rupee volatility, say dealers

Lifting of restrictions stopping Indian banks trading rupee NDFs allows RBI to intervene offshore

• 30 Apr 2020

• Trading

Banks trade first USD/CNY cross-currency swap versus SOFR

Risk-free rate sets new milestone with Crédit Agricole and Bank of China’s $10m trade

• 29 Apr 2020

• Trading

Statisticians grapple with inflation impact of Covid-19

Collecting reliable inflation figures during lockdown is not straightforward

• 23 Apr 2020

• Trading

El-Erian on Covid-19 policy risks and ‘zombie’ markets

Former Pimco chief says Fed has gone too far, market function rules needed and chance opens for shared policy load

• 16 Apr 2020

• Trading

How Goldman’s algos adapted to virus vol

Interview: Ralf Donner explains why algo usage is up while markets are down

• 15 Apr 2020

• Trading

Philippines traders shrug off mid-month jitters from Covid shutdown

March’s pricing blip was a tremble, not a quake, in a market used to disruption from natural disasters

• 03 Apr 2020

• Trading

How carbon-cutting Drax manages currencies and credit

Interview: UK power giant uses option selling – and other tactics – to create hedging headroom

• 02 Apr 2020

• Trading

FX swap users hope to avoid month-end crunch

Blowout in spreads prompted SSGA and other managers to limit need for hedges on March 31

• 31 Mar 2020

• 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