Emily Eimer, e-FX analytics, and John Estrada, global head of e-FX at Credit Suisse, talk about the firm’s new trade analytics system.
Profit & Loss: Talk us through the Real-Time Automated Data Analysis Robot (Radar) you’ve recently launched. What is it and how does it work?
Emily Eimer: Radar is our next generation trade analytics tool. It takes a range of data and uses algos to tell us when to make pricing changes with the objective of achieving optimal client pricing.
The beauty of Radar...
I don’t think there is anyone out there who
doesn’t think the FX market performed well under the stress of the surprise
outcome from the UK referendum last week, but I suspect the real test is only
Don’t get me wrong, this is not one of my
contrarian columns that will say the market got lucky – I have worked in and
around FX trading desks for 39 years, including 20-plus years as a Cable trader
and I had never seen a move like that. The unassailable fact is the market
worked – th...
Following the results of the UK referendum decision to leave the European Union last week the common consensus amongst FX market participants has been that the biggest surprise – apart from the result itself – was how well the FX market handled the resultant volatility.
“Two months ago if you’d told me that we’d have a Brexit overnight I would have been worried,” says a senior figure at one trading firm. “But the reality is that it was surprisingly orderly and although volumes were high it seem...
Continued market uncertainty following the UK’s
vote to leave the European Union vote has led to a flight to safe haven
currencies and raised questions about the future of financial regulation,
although corporates appear to be coping well with the volatile trading
On one hand, in FX markets so-called “safe
haven” currencies continue to be in focus as GBP remains under pressure. “Obviously
the yen and the Swiss franc strengthened, despite the Swiss National Bank and its