As part of the three-year review of the FX Global Code, one of the changes will include an amendment to Principle 9, whereby ...
CME Group is preparing to launch a new cross-currency basis future that it says could provide a more efficient means for ...
Foreign exchange traders mostly profited from last week’s collapse in the Brazilian real, but the gains were offset by sizable losses on rates positions when the Brazilian central bank (BCB) ...
Price spike concerns ease as September’s surprise SOFR jump led to early preparations for bank window dressing ...
BNP Paribas had its foreign exchange forwards book with US mutual funds halve during the third quarter of 2024, as Pimco and Vanguard significantly cut their activities with the French bank. Notional ...
Buy-side traders say foreign exchange options trading continues to lag behind the rest of the electronic market due to complex booking systems and less streamlined processes. FX options have gradually ...
When interdealer broker BGC revealed its electronic trading business, FMX, with a consortium of 10 global investment banks and market-makers, all eyes were on the creation of a new US interest rate ...
Foreign exchange liquidity providers (LPs) say they are seeing increasing demand from clients to trade on bilateral streams instead of the traditional request-for-quote (RFQ) protocol. Bilateral ...
Foreign exchange options traders have been focusing bets on market swings around US president-elect Donald Trump’s inauguration in late January, as his return to the White House ushers in a new period ...