FX HedgePool, conceived as a template for all-to-all FX trading where users match hedging flows anonymously at the mid, has stalled: co‑founders and most of the original team departed and at least two ...
CLS is planning to launch a payment-versus-payment (PvP) settlement service for the offshore Chinese renminbi (CNH), FX Markets understands. The addition of the world’s fifth most-traded currency to ...
Citi has named Ayesa Latif as its new global head of foreign exchange products, following several departures from its sales and trading teams in recent months. In the newly created role, Latif will ...
Many foreign exchange options traders are holding back from meaningful directional bets following the US-Iran ceasefire, though some have seized the chance to sell volatility through exotic structures ...
Pimco’s G10 foreign exchange forwards trading with Societe Generale more than doubled during the first quarter of 2026, ...
Electronic foreign exchange dealers have delivered their one-year report card on CME’s Spot+ platform, and the grades are mixed. The venue, designed to bridge the over-the-counter spot market and ...
The London Stock Exchange Group’s (LSEG) foreign exchange trading venue, FXall, is preparing to launch a service that separates credit risk from market-making in FX forwards trades with buy-side ...
LCH’s ForexClear reported its highest stress losses since 2019 in the final quarter of 2025, while the share of initial margin posted by its five largest clearing members rose by 9 percentage points.
Banks are finding it hard to risk-manage the exotic yen options structures that hedge funds are using to bet on interventions by the Bank of Japan, dealers say. The trades – reverse knockout (RKO) ...
JP Morgan has phased out a model that leverages machine learning technology for foreign exchange algorithmic execution, citing issues with data interpretation and the complexity involved. The US bank ...
Deutsche Bank veteran Lee Merchant, global head of foreign exchange spot trading, has left after more than 25 years with the bank. Merchant departed at the end of 2023, according to his Linkedin ...
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 ...