Browsing Category
Forex Trading News
forex stocks commodity shares trading and platforms and brokers news and updates
AFM seeks ‘level playing field’ for venues and aggregators
The Dutch Authority for Financial Markets is calling on the European Union to straighten out a perceived imbalance in its trading and transparency rules – a move that could lead to certain technology providers being regulated as…
How Shell integrated FX algos into its corporate treasury mix
Back in 2010, the use of algorithms to execute foreign exchange spot transactions was in its infancy, and those dipping their toes into the new world were limited primarily to hedge funds and large asset managers. But a handful of…
The FX swaps client clearing comeback
August was supposed to be the month when foreign exchange forwards were finally brought into clearing.
“By September 2020, anyone trading OTC options or non-deliverable forwards will have to pay initial margin and variation margin every…
Nomura targets US in FX rebuilding effort
Nomura is rebuilding its foreign exchange sales and trading team in New York following the return of volatility to the markets and is refocusing its global business around Asian pairs and FX options.
The Japanese bank slashed headcount in…
Barclays targets internalisation with new NDF algos
As the non-deliverable forwards market moves increasingly electronic, and more venues start offering these products, the buy side is asking dealers for execution algos to bring that liquidity together.
External liquidity on venues can…
FX algos and the weight of industry expectations
Oaktree Capital’s Howard Marks wrote a wonderful memo on how investors should adjust their forecasts by considering what’s already priced in. He calls this “second-level thinking”. If you believe a company’s prospects are good but the…
MUFG: Covid response could spur e-FX shift in Japan
In Japan, before Covid-19 arrived on the scene, if you wanted to trade the foreign exchange markets you had to turn up at the office. The country’s megabanks and many other financial institutions operated within a culture where being…
Goldman signs up as NDF client clearer at LCH
Goldman Sachs is set to become the seventh dealer to offer client clearing for non-deliverable forwards at LCH's ForexClear, ahead of what the US bank expects will be a surge in demand for the service from buy-side firms when they become…
Facebook’s libra could disrupt collateral markets – IMF paper
Plans by Facebook and other private companies to issue so-called stablecoins backed by government securities could disrupt the supply of collateral to financial markets, says a new working paper from the International Monetary Fund. …
Boston Fed and MIT collaborate on digital currency research
The Federal Reserve Bank of Boston is collaborating with the Massachusetts Institute of Technology on building and testing a “hypothetical central bank digital currency”.
The two- to three-year project will begin by developing a CBDC for…