Pimco has typically been a light user of foreign exchange options. But as the tariff turmoil raged in Q2 this year, the asset manager bought more than $6.5 billion notional of euro/US dollar puts – ...

European corporates have been shortening the tenor of their foreign exchange forwards hedges so they can react more quickly ...

The European bank claims to have seen a 50% increase in the rate and size of foreign exchange settlement fails over the past ...

State Street and Currenex are accused of granting preferential last look rights to Goldman Sachs and HC Technologies while ...

More assertive language from the People’s Bank of China on renminbi internationalisation suggests a policy shift from the ...

When Citi’s global head of foreign exchange, Flavio Figueiredo, took on the top role in Citi’s global FX unit in the summer of 2023, priority number one was a strategic reset for the business. An ...

Spot crypto should begin trading on at least one of the designated contract markets regulated by the US Commodity Futures Trading Commission (CFTC) by year-end, according to acting chair Caroline Pham ...

ANZ’s Group of 10 foreign exchange forwards activity skyrocketed with Pimco in the second quarter this year, with the Australian bank executing several chunky trades that ultimately made it the asset ...

London Stock Exchange Group is preparing to offer hard credit functionality on its interbank foreign exchange venue – a move it hopes will further accelerate the pace of electronification for FX swaps ...

The surprise outcome of the Japanese election has led to a U-turn among many macro hedge funds that are now positioning for a weaker yen through exotics options structures, which has left dealers ...

Every three years, the Bank for International Settlements (BIS) publishes its Triennial Central Bank Survey, the most comprehensive snapshot of global FX and over-the-counter derivatives markets. The ...

Hugh Stevens has joined Wells Fargo as head of electronic foreign exchange trading for Europe, the Middle East and Africa (Emea). Stevens previously spent over seven years at Standard Chartered in ...