Traders signal shift to currency strategies, but is it passing fad or permanent fixture?
Emta invites input on documentation for offshore lira
Spreads tighten on many currency pairs but liquidity still patchy
Options traders saw odd quotes by US bank months before losses were publicised
After a difficult 2018, investors are increasingly wary of risk premia, concerned that factors leading to underperformance might be a recurring problem. Imene Moussa, executive director at UBS, clarifies this issue
Seven banks have not covered this week’s lira meltdown, following investigation of JP Morgan
Risk Awards 2019: French bank hits options windfall in Turkey during currency crash
Move follows 13 significant margin breaches in 2018, with one breaching by as much as 245%