Tag: buy side

buy side

FX HedgePool Launches Buy Side-to-Buy Side Matching

FX HedgePool launched its new buy side-to-buy side swaps matching utility – FXHP – last Friday with three asset managers, including Vanguard, Eaton Vance Management and a European manager, along with Standard Chartered Bank operating as credit provider. The launch focused on a single currency pair – EUR/USD – and although the firm declines to […]

BIS Markets Committee Calls for Wider Adoption of FX Global Code

In an open letter to Global FX Committee (GFXC) chair Guy Debelle, the head of the Bank for International Settlements’ (BIS) Markets Committee, Jacqueline Loh, has called for greater adoption of the FX Global Code, especially amongst asset managers. Ahead of the first three-year review of the Code, the letter also urges the GFXC to […]

And Another Thing…

Today’s column is dedicated to the Swiss National Bank for its ineptness five years ago yesterday, which changed the foreign exchange industry forever and gave this column literally months worth of ammunition. The SNB is a signatory to the FX Global Code, so given the guidance on disruptive actions, I wonder how it would handle […]

And Finally…

This week sees the Global FX Committee meet in Sydney for a meeting that is largely going to focus on the subject matter for the first three-year review of the FX Global Code. I will be very surprised if the key themes for the review are not buy side engagement, disclosures, anonymous trading and certain […]

Survey Highlights Lack of Progress in Renegotiation of Libor-Based Contracts

Just 11% of derivatives users from across the private equity, real estate and infrastructure sectors believe that their Libor-referencing contracts contain provisions that are appropriate for the benchmark’s permanent discontinuation, according to a survey from JCRA, an independent financial risk advisory, at an event it hosted alongside global law firm, Norton Rose Fulbright. The firm says that […]

The Inexorable Rise of the “Others”

A notable figure in this year’s Bank for International Settlements (BIS) survey of FX turnover highlights the increasingly important role of firms like retail aggregators in the FX market. While in the 2016 survey the “Other” category of the Other Financial Institutions segment of the report (this is largely the retail aggregator/prime-of-prime sector) was responsible […]

Algos: Next Big Thing or Already There?

From a trader using their skills and multiple channels to execute client orders to a silent world of APIs and smart order routers, the execution process has changed almost beyond recognition over the past 20 years – but, as Colin Lambert finds out, not everyone sees algos as the next big thing in FX markets. […]

P&L Talk Series with Guy Debelle

As he assumes the reins of the Global FX Committee, Reserve Bank of Australia deputy governor Guy Debelle talks to Colin Lambert about the impact of the FX Global Code and the importance of maintaining momentum as the GFXC seeks to broaden its reach. Colin Lambert: We are now more than two years on from […]