As part of the three-year review of the FX Global Code, one of the changes will include an amendment to Principle 9, whereby ...

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 ...

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 ...

CME Group is preparing to launch a new cross-currency basis future that it says could provide a more efficient means for ...

Banks that make markets in gold typically hedge the spot price with futures. Standard models assume the two instruments are highly correlated, and because the bid-ask for futures is often tighter than ...

Formerly Fenics FX, the venue has seen growth from dealers and non-banks using its pegged order types and dark pool liquidity ...

Introducing a retail central bank digital currency (CBDC) for the eurozone could fill a gap in the cross-border instant payments market, representatives from relevant stakeholders told the Fintech ...