Currency Derivatives
Kace to offer electronic distribution of FX options in China
Huge potential for China’s FX options market, but regulation and digital transformation are key
BIS warns of $13 trillion hidden debt hole
Trillions of dollars of FX derivatives are not being accounted for when calculating the level of debt in the global economy
CME's Pandit: NDFs and FX options in focus
CME Group gears up for launch of cash-settled FX options clearing in Q4 2017, following a busy first half
FX forwards users drop EU banks over margin rule
Other dealers do not have to collect margin on physically settled forwards
TriReduce hits $1 quadrillion in swaps compressions
Demand has been high as banks seek to lower exposures
CME looks to launch FX options clearing in Q4
Following regulatory approval, the exchange looks to start dealer-to-dealer clearing in Q4 and client clearing in 2018
Just six banks caught by phase two of IM regime
Four EU, one Japanese and one Australian bank start posting initial margin on non-cleared trades from September
World Bank bets on compression for emerging market currencies
New York-based start-up LMRKTS gets backing to support illiquid markets
Surprise renminbi strengthening prompts unwinds
“A lot of long [US$] positions were unsustainable and had to be re-evaluated,” says FX structuring head
New Change FX to supply mid-rates to LCH’s ForexClear
The mid-rate will be used for determining underlying spot rates at the point of expiry for FX options
Sucden Financial launches OTC options tool for FX
Broker partners SuperDerivatives to provide clients with pricing tool and independent data
Documentation fears slow CNY FX derivatives growth
Foreign fund managers need clarity before market can take off, say banks
Tradition and LMRKTS deliver initial margin optimisation
The two firms conducted a live run, resulting in the processing of 132 sides of trades within eight minutes, nine seconds
CME to go live with triangulation and monthly FX futures
Triangulation will link futures, and both volatility- and premium-quoted options markets on February 27
Credit Agricole conducts FX forwards with Orchestrade
The bank is migrating all front-to-middle processing of vanilla and structured products to the platform
CLS and TriOptima compress $1 trillion in forwards and swaps
The combined effort to reduce the size of outstanding portfolios crosses the $1 trillion mark in just over one year
FX swap margin treatment uncertain ahead of VM deadline
With one month to go, market participants are still unsure how to treat foreign exchange derivatives
Compression start-up LMRKTS secures investment
Founded in 2012, the fintech firm recently reached the trillion-dollar mark of gross notional reduction
FX weighs on banks' trading revenues in Q3 2016
OCC report finds a fall in FX and interest rates lowered banks' trading revenues, but they still performed better than in 2015
China M&A boom presents unique hedging headaches
Crackdown on ‘fake’ deals boosts risk in contingent hedges
CME to launch six monthly contracts for FX futures
The Chicago-based marketplace will offer contracts for AUD, GBP, CAD, EUR, JPY and EUR/GBP from February 27