Tag: FX derivatives

FX derivatives

Assure Hedge Gets Finance for IM Push

FX hedging service provider Assure Hedge has announced that it has agreed terms with Carrig Glen Investments (CGI), whereby CGI will provide up to a £9m margin finance facility for clients of Assure Hedge at a utilisation cost of 10% per annum. Under the terms of the arrangements, CGI will be entitled to subscribe for […]

BIS: OTC Derivatives Volumes at Five Year High

The latest Bank for International Settlements’ (BIS) latest semi-annual release of OTC derivatives statistics shows that notional volumes rose to $640 trillion at the end of June 2019, the highest level since 2014 and up from $544 trillion at the end of 2018. The BIS says part of the increase reflects a seasonal pattern evident […]

Sterling and Yen Derivatives Drive FX Growth: BIS

The BIS semi-annual survey of OTC derivatives finds that while the interest rate segment continues to dominate outstanding derivatives balances, FX outstandingsd grew strongly driven by sterling and yen contracts.
The BIS says the gross market value of OTC derivatives – that is, the cost of replacing all outstanding contracts at current market prices – rose to $20.7 trillion at end-June 2016 from $14.5 trillion at end-2015.
The market value of foreign exchange derivatives involving the yen and pound sterling more than doubled in the first half of 2016 on the back of sharp moves in the respective currencies.