Day: 24 April 2018

Survey: Derivatives Trading to Grow Despite Rising Costs

In a new survey conducted by the International Swaps and Derivatives Association (ISDA), a majority of respondents said that they expect derivatives volumes to stay flat or increase in the future, despite also predicting that the cost of trading these products will increase.

Asked about their expectations for overall derivatives activity, 83% of those surveyed said that they thought volumes will increase or remain the same over the next three to five years.

The same proportion felt end-user activity will rise or remain unchanged over the same period. When asked to rate their optimism about the future of derivatives on a scale of one to 10, with 10 being the most optimistic, 65% opted for between seven and 10.

A Closer Look At: The Launch of a New Algo

Mark Goodman, head of electronic execution, E&C, at UBS, talks about the latest addition to the bank’s algo suite.

Profit & Loss: UBS recently launched a new algo, called ORCA-Direct. Can you tell us a bit more about the design and logic behind it?

Mark Goodman: ORCA-Direct came about when we were trying to improve the technology available to our FX voice traders as they execute risk in the market. As a general rule, the more liquidity they can access the better, so we made sure that we’re connected to the core ECNs and now have six on our platform

2018 Digital FX Awards: The Winners

Best Platform

UBS

Best FX Platform

Citi

Best Execution

JP Morgan

2018 Profit & Loss Innovation Award

JP Morgan

2018 Editor’s Choice Award

BNP Paribas

P&L’s One to Watch in 2018

Barclays

Client Experience Award

BNP Paribas

Market View Award

Morgan …