The fixed income trading platform space has started to consolidate with news that MarketAxess is buying US Treasury trading platform LiquidityEdge for $150 million. Established in 2015, LiquidityEdge offers a bespoke trading ecosystem to connect a community of dealers, market-makers and institutional investors to trade in the $500 billion average-daily-volume US Treasury market. The firm claims that […]
Profit & Loss talks to Tod Van Name, Bloomberg’s global head of FX and commodities electronic trading, about how technology is changing the way that corporate treasurers operate.
Profit & Loss: With a lot of global macro uncertainty anticipated for the year ahead, are corporate treasurers under more pressure when it comes to managing their FX exposures?
Tod Van Name: There’s no question that corporations are always considerate of market pressures, and while there haven’t been wild currency swings in the US, where the dollar has been strong and stable recently, for treasurers not in the US it has become a particularly big issue.
Asian corporates and CFOs cited FX risk as the financial risk that they are most concerned about, according to a new survey from Thomson Reuters and Asset Benchmark Research. In the report accompanying the research results, it notes that as basic management processes are increasingly automated, corporate treasurers and CFOs have become more focused on […]