Tag: NDFs

NDFs

Cboe Doubles Down on its Data-Driven Approach

Cboe is doubling down on its data-driven approach to FX matching as it looks to ramp up its NDF offering and build out its new analytics platform. Profit & Loss has previously reported on Cboe FX’s decision to change how it manages liquidity, shifting away from a qualitative approach towards a much more quantitative one. […]

P&L Talk Series with Sucden Financial’s Kirsty Gillies

Kirsty Gillies, global head of e-FX sales at Sucden Financial, talks to Profit & Loss about how the firm is expanding in different geographies, the impact of fintechs on the e-FX industry and the importance of diversity in the workplace. Profit & Loss: Sucden Financial has been expanding its presence in Hong Kong lately, is […]

P&L Talk Series with TradAir’s Vibhanshu Bahuguna

Profit & Loss talks to Vibhanshu Bahuguna, regional manager, APAC, at TradAir, about how technology is changing the FX businesses of regional banks, how firms should be differentiating between various white label product offerings and where to expect growth amongst EM currencies. Profit & Loss: The latest BIS figures show that the volume of FX […]

24 Exchange Goes Live

24 Exchange, a new offshore OTC trading platform launched by former FastMatch founder and CEO, Dmitri Galinov, is now live and open for trading. The first product available for trading is FX NDFs, although in a release issued today, 24 Exchange says that it expects to soon begin offering trading in additional FX derivatives and […]

360T Begins Offering Streaming NDFs

360T has announced the completion of the first trade in streaming NDFs. Launched via the 360TGTX platform, the new streaming service has been designed to complement 360T’s disclosed ‘Request for Stream’ offering and the firm says it is a response to market demand for an alternative hedging venue. It supports both disclosed and anonymous trading […]

Is It Time to Change the Credit Model in FX?

In a new video interview with Profit & Loss Rick Schonberg, global head of ForexClear product development at LCH, is unequivocal in expressing his view that the current credit model in the FX industry is due for a change. “The model definitely needs to change,” he says. “What’s interesting is that the BIS numbers —  […]

FX and the Big Bang Theory

As electronic trading went mainstream, it created an explosion of growth in the market. But has this growth run out of steam? Galen Stops takes a look. The Big Bang Theory – in addition to being a popular American sitcom – is a well-known scientific thesis that posits the universe started with a small singularity […]

In the FICC of It

Having dragged Colin Lambert and Galen Stops kicking and screaming off the beach, the podcast is back and they are into the swing of things early, discussing the changing attitudes of fund managers to FX. Looking at this week’s NAB survey of Superannuation Funds FX attitudes, Lambert highlights the paradox of funds investing more in […]

In the FICC of It

After upsetting non-bank market makers and then banks in recent weeks, Colin Lambert takes a shot at the buy side in this week’s In the FICC of It podcast when Galen Stops asks him, “will the buy side adopt the FX Global Code?” Our two podcasters discuss next year’s review of the Code as Stops […]

Mathew to Head FX Trading at Flow Traders

Flow Traders has hired Joshua Mathew as head of FX trading, according to market sources. Profit & Loss understands that Mathew, who is due to start in the last week of September, will be based in Amsterdam. Mathew joins the Dutch electronic trading firm after 10 years at Barclays in London, where his work was […]