LOOSE CHANGE
LOOSE CHANGE
Prebon Yamane has apparently scrapped its plans to launch a currency options desk in New York. Even though sources there said that the firm was planning to open the desk immediately after opening its currency options desk in London, the broker has since changed its mind, officials there say. "Call me back in six months, but I don't think there will be any change," says one official there of the plan to cancel the proposed desk. Prebon opened a six-man currency options desk in London at the end
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
More on Asset Management
US mutual funds’ crypto holdings doubled to over $1bn in Q1
BlackRock and MSIM are among 16 US fund managers dipping their toes into crypto investing
Billions could leave US assets as dollar optimism wanes
For some currency specialists, it may be time for investors to revisit their allocation to dollar-denominated assets
Banks have huge opportunity to capitalise on balance sheets
Several banks have started to push into the currency management and overlay space to challenge incumbents
FCA: asset managers need to improve cost control in FX
UK regulator's interim findings on asset management highlight the need for more transparency
FCA proposes standardised transaction cost measurement
It proposes placing a duty on asset managers to disclose aggregate transaction costs to investing pension schemes
Priips set to shake up FX transaction cost analysis
European regulators poised to place new burdens on asset managers regarding FX
FlexTrade opens office in Australia
The multi-asset system provider aims to pick up some business as retirement funds Down Under look elsewhere for returns
Quants: carry and value will work for next six months
Less volatile market conditions look favourable for these strategies
