Tag: Technology

Technology

Awards for Excellence in e-FX – Goldman Sachs

Portfolio Algo Execution Goldman Sachs has rolled out its new algo product suite including its NDF hybrid algo – it had long offered an NDF TWAP strategy – but of more interest was its portfolio rebalancing and gamma algos. We go into the portfolio strategy in more detail in our Closer Look feature, but it […]

Awards for Excellence in e-FX – Deutsche Bank

Thought Leadership This is a totally new angle for these awards and, we feel, a real benefit of the more flexible approach we have taken this year. It is hard to know where to put Deutsche’s work in market structure research within our previous framework, but luckily this year the problem is solved. Execution quality […]

Awards for Excellence in e-FX – Credit Suisse

Agency Swaps The starting point for this award is that we think, finally, e-ratios in FX swaps are going to climb and also that at some stage there will be an ECN-type venue or venues servicing the major dealers. If that is indeed the case then at some stage inevitably thoughts will turn to the […]

The Profit & Loss Innovation Award

P&L Report Card If there is one intangible benefit in firms allocating budget to the FX businesses it is that it allows people to think innovation once more. After years of throwing resources at seemingly ever-increasing regulatory demands, there is a sense that last year – and this – the shackles are finally off and […]

Best FX Prime Brokerage

P&L Report Card This remains a strange area in many ways because while we constantly hear about clients being told they are not big enough for the prime broker to retain them, and of PBs cutting the client tail, just about every PB out there continues to affirm their commitment to building the business! Clearly […]

P&L’s One to Watch in 2019

P&L Report Card In terms of banks seeking to make a move up the e-FX ladder the field has thinned out in recent years, mainly because so many have achieved their ambition to either rebuild or to establish themselves. The good news from this is that this report card can be very brief! Probably the […]

Best Execution

This is undoubtedly the most competitive section in these awards, even more so given the efforts made across the board to enhance the client execution experience over the past year or two. The best execution experience is about much more than the actual trade of course, it starts with decision making, goes through the flexibility […]

Best FX Platform

P&L Report Card The mood amongst the FX businesses on the street can be easily summed up by one comment from a senior manager that was repeated in various forms, several times over, during the demonstration process for these awards – “the bank sees the value in the FX franchise because it is less capital […]

Eye on the Client: The 2019 Digital FX Awards

If there was one takeaway from the demonstration sessions that form part of the process in judging these awards, it was the air of optimism amongst the bankers showing their wares. Probably for the first time in a decade just about every institution seen had budget for the coming year and, apparently, a pipeline of […]

P&L Talk Series with Bid FX’s Jean-Philippe Male

Bid FX recently announced that Singapore Exchange (SGX) has bought a 20% stake in the company, with an option to acquire a controlling interest. The firm’s CEO, Jean-Philippe Male, talks to Profit & Loss about the rationale behind the deal, and some of the structural trends that he sees shaping the FX market. Profit & […]