Trading

• Foreign Exchange

LMAX: bitcoin to break $30,000 in 2020

Exchange head David Mercer foresees more transparent market, freed of “pariah” of last look

• 31 Dec 2019

• Algorithmic Trading

Vanguard: automation is great until it doesn’t work

Andy Maack, head of FX trading, talks about the future of trading, algos and diversity

• 30 Dec 2019

• 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

• Foreign Exchange

FX Week December 23 2019 digital download (exclusive to FX Week Corporate subscribers)

• 23 Dec 2019

• Risk Management

Top 10 stories of 2019: a retrospective

FXPB pricing disputes, debate over last look and court cases were keenly followed stories

• 20 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

• Regulation

Debelle: last look will not be banned

GFXC head says market participants have a choice of whether to use a liquidity provider that employs the practice

• 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

• Risk Management

XTX: top 10 banks will move to zero hold times in 2020

Awareness and competitive pressures will compel market-makers who have held out to cut holding times

• 17 Dec 2019

• Foreign Exchange

FX Week December 16 2019 digital download (exclusive to FX Week Corporate subscribers)

• 16 Dec 2019

• Risk Management

Volatility becalmed, trade in FX options plummets

With central banks in tandem on policy, market churn lessens considerably

• 11 Dec 2019

• Trading

FX market growing, but more risky – BIS review

Reduced reliance on PvP and heightened fragmentation threaten market resilience

• 10 Dec 2019

• Foreign Exchange

Green FX hedging tipped to grow after BNPP/Siemens Gamesa deal

If the energy company misses ESG score it will pay a “sustainability premium” towards forestry projects

• 06 Dec 2019

• Foreign Exchange

Greater exchange rate flexibility warranted in Peru – IMF

Limiting interventions would help reduce dollarisation further, says fund

• 05 Dec 2019

• Algorithmic Trading

BidFX eyes expansion in execution tools and algos

Buy-side focus on FX exposure will drive development

• 05 Dec 2019

• Foreign Exchange

Chile’s FX intervention likely to stabilise peso

But much depends on the reform programme the government chooses to adopt

• 04 Dec 2019

• Foreign Exchange

Buy side still not adopting FX Global Code – Debelle

FX committee wants asset managers to embrace standards; shifts focus to algo trading

• 04 Dec 2019

• Foreign Exchange

Chile to sell $400m a day in first week of FX interventions

Central bank selling $200 million in spot market and $200 million in 30-day forwards

• 03 Dec 2019

• Foreign Exchange

Chile launches biggest FX intervention in 20 years

Chilean peso has fallen by 14% against dollar since mid-October amid massive street protests

• 02 Dec 2019

• Foreign Exchange

FX Week December 2 2019 digital download (exclusive to FX Week Corporate subscribers)

• 02 Dec 2019

• Algorithmic Trading

Artificial intelligence in FX ‘may be hype’

Relevance for AI in foreign exchange does not stack up compared with other classes

• 29 Nov 2019

• Foreign Exchange

Brazil sells dollars as real falls to record low

Currency declines 11.3% against dollar since July, as central bank cuts interest rates by 150bp to new low of 5%

• 28 Nov 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

• Risk Management

First all-RFR cross-currency swap traded

Goldman Sachs and Morgan Stanley strike landmark €STR v SOFR trade

• 26 Nov 2019