FX options
This week’s podcast is all about performance – following the third of Profit & Loss’ spring Dial-in-Days, editor-in-chief Julie Ros joins Colin Lambert to discuss some of the themes coming out of the events, starting with hedge fund and CTA performance in the recent market upheaval. Ros dives into the suggestion by panellists in New […]
Much of what we could say about Velocity has already been written, so we would refer readers to the awards for Best Mobile App, Editor’s Choice and the Special “Decade” Award to reinforce this section, which will look at the pieces of this superb platform not already covered. It is hard to know where to […]
CME Group has announced changes to the way it calculates the fixing prices for 13 of its dollar-based FX option contracts. Currently CME calculates the fixing rate using three trades across its platforms in the one minute prior to 9am CT on a weighted basis. This is being increased to 20 trades from April 19, […]
Interdealer broker, TP Icap, has launched an FX options platform, FXOhub, which the firm says represents “a step-change in intuitive liquidity sourcing and trade execution”. FXOhub provides a single logon to the TP Icap Order Book screen for ATM Straddles, Risk Reversals and Butterflies, as well as a Request for Quote (RFQ) screen that shows […]
Following what remains to some a surprisingly strong number from the Bank for International Settlements’ Triennial Survey of FX Turnover in April 2019, the latest semi-annual reports from seven of the world’s FX committees indicates that turnover increased again in October 2019. The UK and Canada hit new peaks for FX turnover in the month, […]
Trading automation in the non-spot FX world is again firmly in the sights of Colin Lambert and Galen Stops in this week’s podcast, although this time it is in FX options. With SynOption launching in Singapore this week and Digital Vega expanding its capabilities further, they ask, ‘is this the time that the FX options […]
Digital Vega is continuing to ramp up its business ahead of a series of new launches this year with the hire of Rob Wemyss as a non-executive director and head of business development. Wemyss, who joins after 25 years with JP Morgan where he was global head of FX options, is the latest in a […]
Singapore’s efforts to make itself the leading FX hub in Asia has seen several players in the spot market locate their pricing engines in the city state, but on January 27 that centre’s FX offering will be boosted by the opening of an institutional FX options trading platform with SynOption due to start trading. Initially […]
The number used globally to measure the size of the FX market will be set at $6.6 trillion per day after the Bank for International Settlements (BIS) released the results of its Triennial Survey for Foreign Exchange Turnover. The BIS says that globally $6.59 trillion was executed daily across FX products in April 2019, a […]
A fair bit has been made of the latest FX committee turnover surveys showing an increase in activity during a month in which people broadly experienced the opposite. Looking at the FX platform data and April was the worse month of the year thus far for everyone save 360T and Refinitiv non-spot products – and […]
