Pricing data is key to unlocking FX swaps e-trading

Digitec’s Stephan von Massenbach on why automation is needed for e-trading to reach its potential

FX-pricing

Foreign exchange swaps make up around 50% of the $6.6 trillion-a-day FX market. Yet according to the 2019 Bank of International Settlements Triennial Survey, only around half of the FX swaps used for hedging and risk transfer are traded electronically.

The lack of any public reference rate is widely seen as the main reason for the slow pace of electronification. Pricing in the FX swaps market is mostly bilateral and therefore non-transparent, and accurate pricing data is hard to come by.

Prici

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Digging deeper into deep hedging

Dynamic techniques and gen-AI simulated data can push the limits of deep hedging even further, as derivatives guru John Hull and colleagues explain

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here