As part of the three-year review of the FX Global Code, one of the changes will include an amendment to Principle 9, whereby platforms should disclose how they treat client-generated trade data that ...
Foreign exchange traders mostly profited from last week’s collapse in the Brazilian real, but the gains were offset by sizable losses on rates positions when the Brazilian central bank (BCB) ...
CME Group is preparing to launch a new cross-currency basis future that it says could provide a more efficient means for banks’ short-term interest rate (Stir) trading desks to hedge risks in their ...
When interdealer broker BGC revealed its electronic trading business, FMX, with a consortium of 10 global investment banks and market-makers, all eyes were on the creation of a new US interest rate ...
A rise in the cost of repo and foreign exchange derivatives has become a year-end tradition for several years now, as banks try to shed balance sheet exposures to keep a lid on future capital ...