BoJ currency intervention spurs FX options traders

Home https://ift.tt/DBbQw8K Traders turn bearish on USD/JPY FX vol over further central bank intervention

FX house of the year, Japan: UBS

Home https://ift.tt/zae06ur Consistency, reliability, technology and range of products across multiple currencies wins UBS the FX house of the year, Japan award

Market weighs viability of spot FX clearing

Home https://ift.tt/wmKrja7 Supporters believe it could remove credit risks, but others say it would be unnecessary and add costs

Best FX options house: UBS

Home https://ift.tt/SXmhOdy Customer focus, innovation, depth and breadth of options offerings secures UBS the Best FX options house award

Best bank FX liquidity provider: UBS

Home https://ift.tt/B9YOuwA UBS’s focus on technology, innovation and client requirements wins it the Best bank FX liquidity provider award

Goldman brings ‘self-service’ pre-trade analytics to FX options

Home https://ift.tt/H8JWabD Mobile-based tool allows users to structure and price trades dynamically using data from the cloud

SGX launches new Clob for FX spot and NDFs

Home https://ift.tt/eOpidrS CurrencyNode to tap into new matching engines in Singapore, and eventually will look to offer futures-spot spreads

FX timestamping progress ticks on, slowly

Home https://ift.tt/jFthGT5 New fintechs may help with the problem, but lack of urgency holding back pace of change

GFXC set to focus on FX market data access

Home https://ift.tt/JGIgXa6 Costs of data needed for buy-side benchmarking exercises under spotlight

Best EM trading platform: Deutsche Bank

Home https://ift.tt/AvoR6gn Deutsche Bank’s high liquidity, cost efficiencies, innovative solutions and breadth of services secure it the Best emerging markets (EM) trading platform award at the FX Markets Asia FX Awards

JP Morgan increases FX options dealer lead as Goldman slips

Home https://ift.tt/PQS6bNF Counterparty Radar: GSAM up five manager spots amid market decline, while MSIM holds RMB positions steady

BNP’s new macro trading unit to make greater use of FX algos

Home https://ift.tt/HaWL5ti French bank plans to bring FX algos to US Treasuries for combined currencies and rates trading unit

HSBC claims top FX forwards spot as US banks fall back

Home https://ift.tt/DRVXB73 Counterparty Radar: Morgan Stanley falls from pole position for first time since Q2 2021 amid wider volume decline

BNY Mellon, NAB and RBC latest to ditch additional hold times

Home https://ift.tt/21DuGda Banks join a growing list of LPs to have scrapped the controversial practice

FX hedging dilemma vexes corporates as costs spiral

Home https://ift.tt/OP3kJqH High volatility jacks up option prices, forcing firms to reconsider hedging activities

Best liquidity provider for corporates and Best single-dealer platform: Citi

Home https://ift.tt/fiGvpO5 Citi discusses its win of two FX Markets e-FX 2022 awards, and the role its client-focused single-dealer platform had to play in its win

BofA rehires Velani to head transactional FX trading

Home https://ift.tt/on0uCBF Velani rejoins BofA as bank continues to strengthen its foreign exchange ranks

Margin costs leap on Simm rejig and rates hikes

Home https://ift.tt/4mK56kB Acadia finds roughly one-third jump in exposure following Simm recalibration, with higher funding costs adding to burden