Pimco’s G10 foreign exchange forwards trading with Societe Generale more than doubled during the first quarter of 2026, ...
Banks are finding it hard to risk-manage the exotic yen options structures that hedge funds are using to bet on interventions by the Bank of Japan, dealers say. The trades – reverse knockout (RKO) ...
The Bank for International Settlements is partnering with the central banks of China, Hong Kong, Thailand and the UAE to conduct new tests of cross-border central bank digital currency. The BIS ...
Citi was the top US dealer for foreign exchange trading revenues in 2025 on the back of increased client hedging demand, according to regulatory filings. The bank generated revenues of $7.9 billion ...
JP Morgan has phased out a model that leverages machine learning technology for foreign exchange algorithmic execution, citing issues with data interpretation and the complexity involved. The US bank ...
Benjamin Klixball has joined non-bank market-maker IMC Trading in New York in a senior sales and distribution role. Klixball had previously spent nine years at XTX Markets in the US, most recently as ...
Toby Baker, head of foreign exchange trading at T Rowe Price, will retire at the end of March after 25 years on the firm’s FX desk and four decades in the industry. He is stepping down amid a ...
The London Stock Exchange Group’s (LSEG) foreign exchange trading venue, FXall, is preparing to launch a service that separates credit risk from market-making in FX forwards trades with buy-side ...
Bloomberg has launched a foreign exchange price discovery tool that uses natural language processing (NLP) to scan traders’ chatrooms and consolidate bilateral quotes into a single screen. The product ...
FactSet’s Portware platform has expanded its capabilities for buy-side users to include automation of high-touch trades, with the aim of making workflows as efficient as algorithmic execution orders.
The growth of Australia’s superannuation funds is facing a hidden pinch point. The funds do not post collateral when hedging their foreign exchange exposure, pushing up capital requirements for their ...
A wave of departures from LMAX’s swaps and derivatives unit is fuelling speculation among users about the future of the all-to-all swaps matching platform that it acquired from FX HedgePool in October ...