Asia FX Awards 2022: the winners

Home https://ift.tt/q9Ootjc FX Markets has revealed the winners of the Asia FX Awards 2022. The annual event – now in its fifth year – recognises and showcases the best banks, dealers, brokers and currency managers in the Asia-Pacific (Apac) region.

EU Parliament creates multiverse of SA-CCR outcomes

Home https://ift.tt/LQ48AH7 Some MEPs want to ease rules further than EC draft; others want return to undiluted Basel text

360T demands FX code compliance from liquidity providers

Home https://ift.tt/yBuSIdc Platform hopes rule change, effective from October, will promote transparency in market

Volatility could pave way for FXOs’ electronic evolution

Home https://ift.tt/PiIWz7f Turmoil in markets gives options sector impetus to embrace automation

Nomura hires Leng for dual global FX trading roles

Home https://ift.tt/E0XAQHy Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally

Nomura targets smaller Chinese banks after first CEFTS trade

Home https://ift.tt/dVZtFAr Japanese bank is one of seven offshore FX dealers offering G10 pricing on China’s interbank market

Bingeing on block sets: DLT could give FX its ‘Netflix moment’

Home https://ift.tt/NlLqdhr Blockchain’s proponents say faster settlement times make technology akin to TV’s streaming revolution

Managing CCR to reduce the all-in cost of OTC derivatives portfolios

Home https://ift.tt/e0aC65M Erik Petri, head of triBalance at OSTTRA, explores how counterparty credit risk (CCR) compounds the costs of trading over-the-counter (OTC) derivatives and the maintenance of derivatives portfolios, examining the nuances of OTC credit risk management, and proposing key ways organisations can manage and optimise CCR

Streaming with the enemy: banks turn to non-bank liquidity

Home https://ift.tt/zuoElX1 Larger banks are becoming more receptive to consuming FX prices from prop traders like Citadel Securities and Virtu

Best independent TCA: Tradefeedr

Home https://ift.tt/j3UkBta Tradefeedr brings in the award for best independent TCA provider at the FX Markets e-FX Awards 2022

Time to shine: corporate FX’s surprise glow-up

Home https://ift.tt/n2fLo9e Corporate FX enjoys its time in the sun as currency headwinds spark corporate hedging needs

Best liquidity provider for spot: Citadel Securities

Home https://ift.tt/ZMuecDA Over the past 12 months, Citadel Securities has seen global growth across products, markets and regions, explains Kevin Kimmel, head of FX

Best exchange for FX: CME

Home https://ift.tt/KvUTyo8

Best compression/optimisation service for FX: Capitolis

Home https://ift.tt/rB2XAMy Record participation numbers for its compression services helped Capitolis top the Best compression/optimisation service for FX category at the FX Markets e-FX awards

LCH mulls FX spot clearing as buy-side demand grows

Home https://ift.tt/TPSnrLm Anticipated ForexClear service could reduce funds’ reliance on prime broker credit lines

The closer quants look, the less diversifying crypto appears

Home https://ift.tt/CHnJNI4 Analysis seems to confirm that the asset class is not an effective diversification play

Is stochastic cross-currency basis a better way to model IM?

Home https://ift.tt/YA9eH8q Using Monte Carlo model extension for forward IM calculation avoids excessive outputs for MVA

FX needs for Apac corporates in 2022

Home https://ift.tt/zSVLQ3q This white paper examines the results of a survey, conducted in association with Bloomberg, that offers insight into how corporations based in the Asia-Pacific region interact with the FX market

GFMA proposes disruption settlement framework for FX

Home https://ift.tt/GVPw9Mm Russian ruble close-out pain triggers calls for voluntary multilateral pricing framework

Return of volatility revs up FX options market

Home https://ift.tt/VJ84DYL Macro disruption hikes volatility for eager dealers, however liquidity and spread compression remain a concern