Articles by Laura Matthews
Digital Vega, Spark deal hints at wider shake-up for platforms
Two trading tech firms seek point of difference as dealers cull vendor relationships in cost-cutting drive
Capitolis signs data deal with CLS
FX optimisation service to use settlement utility’s data to help boost efficiency
Isda plans separate workstream for currency disruption provisions
Industry body to exclude update from 2020 definitions
Vanguard signs FX Global Code
World’s second largest asset manager adopts code after seeing evidence of positive impact on the market
How low can you go: falling cost of FX fix sparks concern
Algorithms are reducing fixing fees, but some dealers are willing to go even lower – perhaps dangerously so
Big moves, but no panic after tumultuous US election
Treasury market saw its largest post-election move since at least 2000 – but liquidity held up
FX volatilities fall on receding US election fears
Polls point to a decisive Biden win – though some worry market is being complacent
Banks rent ready-made algos for FX trading
NatWest, XTX Markets and others develop new outsourcing model for tech
Euronext launches NDF trading in Singapore
Platform’s move brings spot-style execution methods to the non-deliverable market
Dealers divided over paring FX spot venue connections
Some liquidity providers aim to follow Citi’s lead and cut platforms, but others are wary
Signs of consolidation in shattered FX market
Winners of this year’s e-FX Awards discuss shifting strategy among multi-dealer platforms
Baton to launch payments system for emerging currencies
Fintech company joins efforts to tackle rising settlement risk
Nomura targets US in FX rebuilding effort
Return of volatility sees Japanese bank rehire in New York and focus global business on Asian pairs and FX options
Swaps platform aims to cut out the banks – but not entirely
Peer-to-peer newcomer FX HedgePool targets asset managers’ month-end hedging activity
Lawyers divided on Johnson’s Supreme Court prospects
Ambiguity in wire fraud statutes may see court accept ex-HSBC trader’s appeal – but it’s a long shot, say attorneys
Citi to focus on just five FX spot platforms
More venues face axe as US bank says it wants to route 90% of e-volume through small group of vendors
Bargain-hunting equity hedgers turn to FX
Currency options are cheap relative to stock index puts, but correlations are uncertain
Johnson seeks US Supreme Court hearing
Ex-HSBC trader would not have been convicted in civil case, petition argues
BLTs and glitchy Wi-Fi: lockdown life for FX execs
With traders transacting trillions from their living rooms, currency markets are adapting to new normal
Banks struggle to keep trade flows in-house during volatility
Directional markets in March tested dealers’ ability to internalise risk
Philippines traders shrug off mid-month jitters from Covid shutdown
March’s pricing blip was a tremble, not a quake, in a market used to disruption from natural disasters
ESG-linked hedges raise interest – and questions
Carrot-and-stick trades pay off if green targets are hit, but setting and monitoring those goals is tricky
Seeing red over blue-chip swap in Argentina’s NDF fiasco
Emta protocol salve aside, peso settlement rate snafu is a warning for emerging market FX derivatives
More NDF changes could follow Argentine chaos
LatAm contracts may be tweaked to avoid repeat of contentious peso freeze