Franklin Templeton closes $5bn yen options book – FX Markets Skip to main content End of drawer navigation content Counterparty Radar: Asset manager’s bets on USD/JPY soured as yen weakened through Q4 Franklin Templeton dramatically shrunk its US dollar/yen foreign exchange options positions during the fourth quarter, after call and put spread trades betting on […]
HSBC, Goldman prevail in shake-up of FX Markets’ Dealer Rankings – FX Markets Skip to main content End of drawer navigation content The pair thrived serving US retail funds, while Morgan Stanley retained title with life insurer clients The third edition of FX Markets’ annual exercise in identifying the top dealers in foreign exchange derivatives
Franklin Templeton has become the largest user of foreign exchange options among US mutual funds, taking the top spot from Morgan Stanley Investment Management for the first time since the end of 2020. The California-based fund manager increased notional volumes by around $340 million during the third quarter of 2024, taking the total size of
