Feature/Trading
Trading on stat-arb
Irene Aldridge, managing partner at Able Alpha Trading, in New York examines the stat-arb technique
Dealers welcome CLS JV
Icap and CLS joint venture seeks to reduce operational risk and post-trade costs in foreign exchange trading
G-20 plans global systemic risk regime
Greater role for Financial Stability Forum to help combat international systemic risk and prevent another banking crisis
Fit for forex
A variety of online trading and analytics platforms are being offered by banks to their clients. FX Week looks at the functionality and benefits of some of these systems. By Ryan Davidson
Tests for market efficiency lead to efficient trading
Traders can save time and money by becoming more savvy about the markets they invest in, says Irene Aldridge, managing partner at Able Alpha Trading in New York
Move quickly
Irene Aldridge, quantitative portfolio manager and managing partner at Able Alpha Trading, looks at high-frequency trading in an environment of wider spreads
Algo FX: the battle for market share
Algorithmic trading in foreign exchange is tipped to experience continued growth, but the uptake is not without its obstacles. Susanna Robinson reports
Time for a rethink
The weak dollar and high implied volatility in currency markets has claimed a number of victims in the corporate sector. Dealers discuss the shift in clients' hedging strategies. By Gail Mwamba
FX and DX: volatility events and the bid-ask spread
Charles Wright suggests a rational means for adjusting the bid-ask spread to compensate for the uncertainty associated with routine event-driven conditions
How Mifid affects the global FX market
Mifid will create an even more efficient market for FX services that can be delivered quickly, inexpensively and globally, says Chris Pickles , chair of its Joint Working Group in London
Mifid explained – an introduction
Chris Pickles, chair of the Mifid Joint Working Group in London, discusses the implications of the directive on foreign exchange
November 2006 - RBS and JP Morgan scale back prop trading
LONDON & NEW YORK – November saw mixed fortunes for FX traders. Just as volatility returned to the market, two major banks made cuts to their prop trading desks.
January 2006 - PBoC gives OTC foreign exchange go-ahead
BEIJING – The People's Bank of China (PBoC) opened up the country's spot FX market to over-the-counter trades and authorised the China Foreign Exchange Trading System (Cfets) to determine the daily central parity rate for the RMB against foreign…
A capital adventure
Michael Spencer tells FX Week about how he turned Icap from a four-man business into a £3 billion FTSE 100-listed powerhouse in 20 years, and about his plans for EBS
All this and more
In the final multibank platform focus, FX Week looks at the prospects of FXall in its bid to continue the growth it saw in its first four years
The first to Connect
In the penultimate platform focus, FX Week assesses the prospects of pioneering platform FX Connect
Keeping current at Currenex
In the second in a series of interbank profiles, FX Week looks at the prospects of Currenex
Fighting chance for new player
In the first of a series of profiles of the multi-bank portals, FX Week analyses the strengths and weaknesses of the players in this crowded market-place. This week: Lava FX
Top stories from 15 years of FX Week AIB losses a 'one-off'
LONDON – The foreign exchange industry is unanimous in its verdict that the disastrous $750 million FX loss announced by AIB last Wednesday was a one-off event.
Q&A: John Nelson
To mark 15 years of FX Week , we carry a Q&A with our first subscriber, look at three major pairs opposite and run three of the key stories shaping the industry