Hedge funds pile into renminbi FX options

Home https://ift.tt/h7n9EFi Investors target call spreads and RKOs in what traders say is one of 2022’s most profitable trades

Hedge shot: corporates boost FX policies as US dollar surges

Home https://ift.tt/HRQAJyU Banks see more business, but also rising exposures, from corporates’ FX decision-making

SA-CCR could spur move to FX futures

Home https://ift.tt/DGpzuOU Impact of new capital rules on swaps pricing could see shift to the exchange-traded product, say panellists

Credit Suisse and Commerz latest banks to ditch hold times

Home https://ift.tt/b9uyrVR Mizuho also confirms zero last look add-on but MUFG’s policy unclear on the controversial FX practice

This year’s model: how FX algo usage is evolving

Home https://ift.tt/9IaWstv Algo usage is changing, with traders favouring opportunistic and pegged styles over TWAP for larger orders, finds BestX’s Aled Basey

Ruble turmoil prompts calls to fix NDF contracts

Home https://ift.tt/Xo5IwJs Some market participants want to see offshore fixings as an option in all standard documentation

Locals give cautious welcome to exotics’ passage to India

Home https://ift.tt/Mr4Z05k Corporates still wary about structured derivatives five months after lifting of trading ban

Eurex to debut NDF clearing after mothballing physical FX

Home https://ift.tt/ysrPnTq Bourse hoping to scoop up EU clients trading on 360t, eyes September non-cleared margining deadline

Market braces for end of Russia central bank sanctions carve-out

Home https://ift.tt/RGa905z Isda AGM: general licence expires on May 25, threatening bond payments and deliverable ruble settlement

Is Citi’s SA-CCR hit a sign of things to come?

Home https://ift.tt/yjJwEHu Higher cost of capital for banks dealing in short-dated uncollateralised FX swaps and forwards could impact dealers and clients alike

Revival of FX carry strategy leaves quants unconvinced

Home https://ift.tt/Y0oWA4F Record returns in March give little comfort that strategy is ‘back’

Pricing data is key to unlocking FX swaps e-trading

Home https://ift.tt/pjITzCn Digitec’s Stephan von Massenbach on why automation is needed for e-trading to reach its potential

Fortunes of VAR: dealers decry effect of war on risk models

Home https://ift.tt/xhk9ZFY European banks with large Russian derivatives exposures face risk of backtesting exceptions – and higher capital requirements

How MSIM wasted $400m on FX options

Home https://ift.tt/q50R9Qh Funds owned or advised by MSIM have thrown vast sums at a USD/CNH strategy that appears not to have paid off

LSEG to launch new NDF Matching platform in Singapore

Home https://ift.tt/equCrVO

What’s up with the docs? Isda aims to set standard for crypto

Home https://ift.tt/aXYFAJm Industry body looks to standardise digital derivatives documents, but some wonder if it is best placed to do so