JP Morgan has been using this edge in the FX options market. “Before, an SDP was somewhere you could input your instrument, ...
Many foreign exchange options traders are holding back from meaningful directional bets following the US-Iran ceasefire, ...
Leveraged exchange-traded funds on single-name stocks are set to begin trading in South Korea next month, part of a plan by ...
The policies of the current US administration are putting pressure on the dollar’s status as a global currency, Klaas Knot and Maurice Obstfeld have said. Speaking at an event at the Peterson ...
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 ...
When a quartet of big markets firms were looking at bitcoin in 2022, they saw a lot to like: record highs, regular volatility, claimed diversification benefits, and massive growth potential. It came ...
When you hear from many buy-side execution trading desks, a common theme emerges – they seem to loathe their lack of resources and the requirement to do more with less. As a consequence, these teams ...
Asset managers are often not the most responsive to adjusting foreign exchange hedges when volatility and market positioning can flip on a dime. Sometimes, being partially unhedged for a portfolio of ...
Interest rates have been rising in Japan while the yen has remained weak. This apparent anomaly signals a decoupling between exchange rates and yield differentials – a relationship that traditionally ...
Franklin Templeton dramatically shrunk its US dollar/yen foreign exchange options positions during the fourth quarter, after call and put spread trades betting on yen strength in Q3 failed to pay off ...
The People’s Bank of China’s decision to scrap its 20% foreign exchange risk reserve requirement has triggered a pick-up in short-term hedging activity among corporates, although dealers say the move ...
Pimco scaled back around $86.5 billion in notional from its group-of-10 (G10) currency forwards hedging book at the end of 2025, mostly by winding down its short US dollar positions. The ...