Foreign exchange
Banks struggle to build FX as liquidity slows
Falling levels of forex activity, particularly among institutional clients, have made it difficult for banks – particularly the newer entrants – to beef up their forex businesses,
Into Africa: Building a sub-Saharan OTC market
Building a sub-Saharan OTC market
Personal criminal liability works
Personal criminal liability works, like it or not
Best in Malaysia: CIMB
Structured Products Asia Awards 2012
Foreign exchange house of the year: HSBC
Structured Products Asia Awards 2012
Deutsche creates cross-asset platforms business under Amrolia
Deutsche Bank's Zar Amrolia runs a new business focused on electronic platforms across fixed income, while Kevin Rodgers has stepped up to become global head of FX
Forex options traders count the cost of stressed VAR
Costing stressed VAR
RMB is gaining traction with corporates, Deutsche survey finds
Smaller companies can realise savings of nearly 5% when dealing with Chinese businesses by transacting in renminbi, says Deutsche Bank
Stressed VAR will hit forex options, dealers warn
Certain forex options and exotics penalised by Basel 2.5, including emerging market currencies and double no-touches
CME ready to fight for market share in Europe, says Sammann
CME Group's European exchange, set to begin trading foreign exchange futures next year, will offer a competitive alternative to other exchanges, says the group's head of forex and rates
Basel settlement risk guidance puts new demands on forex market
Governance, replacement cost risk, liquidity risk, operational risk and legal risk are among the issues forex dealers must address, according to newly released Basel Committee guidance
CLS hires JP Morgan veteran as chief executive
David Puth will become the next chief executive of CLS, starting next week, the settlement risk utility announced today
Pressure mounts on Esma over clearing exemption
Responses to Esma's draft technical standard on Emir call for the agency to clarify its position on forex clearing - with some suggestion NDFs could be exempt
Indian corporates turn to forex options
Increasing their options
Renminbi liberalisation opens up hedging opportunities
Liberal measures
Risk 25: How Basel III is turning borders into barriers
Turning borders into barriers
Indian corporates head for forex options markets as rupee volatility continues
Indian firms move away from using forwards in a bid to grab upside benefits of future rupee appreciation
Cooking with collateral
Cooking with collateral
Offshore renminbi bond market to take off in 2012
A maturing market combined with deregulation is sustaining demand for offshore renminbi bonds in the face of slowing RMB appreciation
Investors seek alternative forex hedges for euro crisis
Australian dollar, renminbi and CE3 currencies touted as alternative macro hedges for European debt woes
JP Morgan combines FX and rates management
Troy Rohrbaugh is to relocate to New York to head up rates and FX, while Chris Willcox moves to asset management
Quanto adjustments in the presence of stochastic volatility
It is well known that the quanto adjustment in the drift of the underlying has a significant impact on the prices of quanto options. Alexander Giese points out that an additional quanto adjustment in the underlying’s volatility needs to be considered in…
An easy-to-hedge covariance swap
An easy-to-hedge covariance swap