Total foreign exchange forwards notionals in the second quarter remained close to record levels, but billions of dollars of business changed hands between fund managers and their dealers, with Citi ...
Wells Fargo doubled its foreign exchange forwards positions with US mutual funds and exchange-traded funds in the second quarter, driven by a surge in activity from Pimco and Vanguard. The US bank ...
Macro hedge funds are piling into foreign exchange derivatives ahead of Brazil’s October 4 presidential election, with bets ...
The FX market is entering a new phase of transformation. As new technologies continue to reshape institutional trading, banks are rethinking how liquidity is distributed, accessed and embedded within ...
Multi-leg trade turned profitable as corporate cross-currency hedging flows helped push yen swap rates above JGB yields ...
The 2026 FX Definitions are set to reshape FX options markets, with new provisions for automated exercise and a November 2027 implementation deadline. For banks and other market participants, the ...
Since joining BNP Paribas in 2010, Asif Razaq has been inextricably linked with its series of reptilian-themed foreign exchange execution algorithms – Chameleon, Viper, Iguana and Rex. In 2026, he may ...
When Franklin Templeton acquired the cryptocurrency investment firm 250 Digital in June, part of the payment was made in Benjis, the street name for shares of Franklin’s first-of-its-kind tokenised ...
Deutsche Bank has rehired Adnane Ait Omar as its new global head of foreign exchange options platforms. In addition to FX options, he will also be responsible for its electronic precious metals ...
Bloomberg is launching an offering that lets sophisticated hedge funds and banks electronify the end-to-end process of trading foreign exchange options on its multi-dealer platform. Through a single ...
The jump in US borrowing costs is unleashing a new wave of net investment hedging (NIH), as corporates look to take advantage of favourable interest rate differentials to protect the value of foreign ...
Traders that piled into emerging markets currencies backed by borrowing US dollars could be at risk of a painful unwind if the greenback reverses course, foreign exchange dealers warn. The EM FX carry ...