Last-gasp hedges may have eased the pain of Brexit for some banks
Market-making desks struggling to recycle some client flows ahead of referendum
Industry calls on EC to clarify when foreign exchange forwards will be subject to variation margining
Code covers ethics, governance, information sharing, execution, risk management, confirmation and settlement
Value-at-risk estimation with the Carr–Geman–Madan–Yor process: an empirical study on foreign exchange rates
This paper investigates the performance of the CGMY distribution in estimating the risk of FX rates.
The authors of this paper formalize a methodology to manage short-term FX risk.
Participants excited about conduct guidance, but say firms' internal behaviour will ultimately create change
Markets are betting 2–1 the UK will remain in the EU but securities will tumble if they're wrong
Sponsored feature: HSBC
Isda AGM: Japan central banker says regulators should analyse liquidity impact of capital rules
Citi loses three in London office; RBS head of markets departs; Serafini joins Ice; and more
Agreement will help investors pursue other market-makers
This paper develops optimal bounds of the expectation equity-to-asset ratio.
Bank of Japan policy adds to domestic banks’ dollar funding dilemma
London-based start-up joins liquidity contest via buyout of Chicago HFT firm
Not trading in full amounts makes market-making harder and more expensive for clients, say market participants
McWilliams: alleged offences were "encouraged, condoned, required and rewarded" by management
Clients praise the US bank's Velocity platform for weathering the Swiss franc storm
After $150 million fine for Barclays, more legal action could follow
Regulators likely to target senior management suspected of neglect
Sponsored survey analysis: Thomson Reuters