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, called MYQ, monitors price quotes across a user’s Instant Bloomberg (IB) chat sessions and groups them by currency pair, tenor and instrument in a curve-style display. […]
smartTrade eyes role as direct streaming linchpin – FX Markets Skip to main content End of drawer navigation content Vendor plans to tap growing demand for direct API trading solutions across asset classes Direct streaming of client pricing for foreign exchange and fixed income assets through application programming interfaces (APIs) is fast becoming the execution
Hey, buy-side trader – are you active in foreign exchange? Ever been irritated by the lack of control you have when trading via one of the big FX platforms? Occasionally wonder if there’s another way? JP Morgan Asset Management has been there, too, and found a way. The firm does all of its spot, options,
BofA, Reactive Markets pick up Risk.net awards – FX Markets Skip to main content End of drawer navigation content US bank wins FX house for performance during Liberation Day, while Reactive Markets takes OTC trading platform prize Bank of America picked up the currency derivatives house of the year award in sister publication Risk.net’s annual
Integral launches on-chain crypto prime brokerage service – FX Markets Skip to main content End of drawer navigation content The model leverages stablecoins to exchange margin and settle trades on blockchain Foreign exchange trading technology provider Integral has launched an institutional cryptocurrency prime brokerage service, which will allow margin and settlement between counterparties to be
Crypto’s predictable path from central books to OTC discretion – FX Markets Skip to main content End of drawer navigation content Demand for bilateral trading, like OTC FX market structure, is fuelling crypto’s institutional take-up, finds BridgePort The maturation of any asset class follows a remarkably consistent pattern. From equities to fixed income and foreign
One of the last bastions of cash-only payments in the financial markets is showing signs of wavering. Global banks accepted $325 billion of non-cash variation margin (VM) at the end of 2024, according to the International Swaps and Derivatives Association’s latest margin survey – accounting for a record 31.6% of the roughly $1 trillion in total
Consultation papers are like tea leaves or runes: observers study them for clues to future actions or events. Such is the case with Iosco’s latest consultation paper on the controversial practice of pre-hedging. The document, released last November, has raised niggling concerns among market participants that the global standard-setter may be weighing tighter rules on
A new framework for handling disruption events is at the core of work being carried out by the International Swaps and Derivatives Association to update its foreign exchange and currency option definitions, which is expected to be finalised this year. Much of the focus on drafting the new definitions, which have not been updated since
Can you rent a liquidity provider? And not just any liquidity provider, but one like JP Morgan or Deutsche Bank, to gain access to their huge client franchises? This idea was raised during the FX Markets Europe conference in London on December 3 (if you weren’t there, you missed an excellent event). In outline, the
