XTX Markets has demanded Currenex disclose details of a tool it claims allowed the venue to execute its own triangular ...

More assertive language from the People’s Bank of China on renminbi internationalisation suggests a policy shift from the ...

Flavio Figueiredo reveals how the bank revitalised its options and e-trading units – and finally tackled SA-CCR ...

The popularity of hybrid options is expanding beyond hedge funds, with a growing number of asset managers, pension funds and ...

ANZ’s Group of 10 foreign exchange forwards activity skyrocketed with Pimco in the second quarter this year, with the Australian bank executing several chunky trades that ultimately made it the asset ...

Foreign exchange sales desks may have taken solace in the Bank for International Settlements’ (BIS) recent report showing a surge in FX turnover this year. With average daily volumes exceeding $9 ...

London Stock Exchange Group is preparing to offer hard credit functionality on its interbank foreign exchange venue – a move it hopes will further accelerate the pace of electronification for FX swaps ...

Beth Anne Wilson, director of the international finance division within the US Federal Reserve’s board of directors, has dismissed concerns about a wholesale exit of the dollar as the dominant reserve ...

Dealers are seeing a resurgence in exotic foreign exchange options trading as hedge funds turn to cheaper structures to profit from emerging market carry trades. FX carry trades have been among the ...

The costs of trading non-deliverable forwards (NDFs) on the ruble have surged compared to the physical versions, as traders look to the US dollar-dominated instruments to mitigate currency risks ...

The currency volatility that followed the Covid-19 pandemic in 2020 led to some tricky conversations for Brazilian private credit manager Jive Investments. One of the manager’s two funds was unhedged ...