Foreign exchange
Carry in favour?
Long popular among hedge funds, the financial crisis battered the carry trade towards the end of 2008. But despite massive losses stemming from the trade, there is evidence market participants are putting it on again. By Mark Pengelly
Victory at last
The seismic movements in the financial markets last year confounded even the experts, as correlation took down every asset class and unwitting trader going. Victor Sperandeo, better known as Trader Vic, talks exclusively on the back of his latest index…
Foreign exchange
Calm and considered
Estimating intrinsic currency values
Forex market practitioners constantly talk about the strengthening or weakening of individual currencies. In this article, Jian Chen and Paul Doust present a new methodology to quantify these statements in a manner that is consistent with forex market…
Prudence reigns
Foreign Exchange
After the dust settles
Settlement risk
Paper company slams Bank Danamon with $95m foreign exchange lawsuit
Major Indonesian derivatives distributor turns to central bank for assistance
Settlement settled?
The collapse of Lehman Brothers and other banks last year proved that settlement risk in the forex market has been greatly reduced. But while forex operational risk managers may be giving themselves a pat on the back, there are warnings that settlement…
Hedge simple
Extreme shifts in foreign exchange rates have forced corporate treasurers to reconsider their hedging strategies. With currency volatility expected to remain high, many are shifting away from complex structures towards simpler approaches. By Ryan Davidson
Fit for forex
A variety of online trading and analytics platforms are being offered by banks to their clients. Risk looks at the functionality and benefits of some of these systems. By Ryan Davidson
HKMA amends FX risk guidelines
Daily news headlines
A losing streak
Foreign exchange
Brief encounter
Unstable financial markets are pushing risk-averse retail investors in the direction of shorter-tenor products, with some forex notes lasting only a week. An example of the interesting opportunities thrown up by today's volatile landscape, perhaps. But…
Barclays to launch FX trend index
Barclays Capital will next week launch the latest in its range of investable foreign exchange indexes, the Barclays Adaptive FX Trend Index. This follows the Intelligent Carry Index (ICI) the bank launched in 2006 and the FX Volatility Indices it…
