The surge of activity in Hong Kong dollar foreign exchange trading this year offers a reminder of the potential perils when pricing and trading derivatives linked to pegged currencies, traders say. “Of course, the Hong Kong dollar market is a huge options market for the investor community, for hedge funds, like us, and for corporates,” […]
Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to certain workflow elements via third-party platforms – as clients continue to migrate towards these venues. For years, banks have tried to divert FX traffic from the multi-dealer platforms by offering value-added services. But their efforts have not slowed down the
Emir rule delay leaves Simm paperwork gathering dust – FX Markets End of drawer navigation content Skip to main content Mid-year refresh triggers Emir 3.0 authorisation process despite unfinished regulatory standards The first mid-year recalibration of the standard initial margin model under a new semi-annual regime will trigger a requirement for European firms to submit
Listed FX volumes continue to set records on SGX FX’s flagship contracts as market participants seek secure and cost-efficient sources of liquidity in an increasingly uncertain trading environment KC Lam, SGX FX Trading on SGX FX went from strength to strength in 2024 as market turmoil took hold of the markets on the back of diverging interest rate
Indonesia’s new central counterparty (CCP) for foreign exchange derivatives is to seek recognition from regulators in three overseas jurisdictions this year, amid a flurry of membership enquiries from foreign banks. “[Foreign banks] have shown their enthusiasm [and] willingness to join,” said Abdul Hadie, head of strategic planning and enterprise risk management at Indonesia Clearing and
Calculation agents will play a bigger role under the International Swaps and Derivatives Association’s new foreign exchange definitions, while the definition of “impossibility” in disruption events will also be updated. Isda is updating its rule book for trading FX derivatives, after the Russian invasion of Ukraine in 2022 exposed flaws around the management of disruption
Does no-hedge strategy stack up for mag seven mavericks? – FX Markets End of drawer navigation content Skip to main content At Amazon, Meta and Tesla, the lack of FX hedging might raise eyebrows, but isn’t necessarily a losing technique The so-called magnificent seven – the seven largest US tech companies that famously make up
Amazon, Meta and Tesla reject FX hedging – FX Markets End of drawer navigation content Skip to main content FX Markets study shows tech giants don’t hedge day-to-day exposures Amazon, Meta and Tesla – three of the so-called magnificent seven tech firms that drive US stock market performance – decline to hedge their day-to-day foreign
