Opinion
Strike while the iron is hot
Pete Luxton, economic adviser, and Shant Movsesian, manager, foreign exchange options, at Informa Global Markets in London suggest a basket strategy to play euro weakness
Asia's tigers show their stripes
For Nick Chamie, head of emerging markets research at RBC Dominion Securities in Toronto, memories of Asia's 1997 meltdown are resurfacing as concern grows in the region
Cutting costs
Pat Lefler, director, product marketing, at Wall Street Systems in New York, looks at ways smaller banks could reduce their trade-processing costs and remain competitive
Carpe diem: forex beats the retreat
Despite inconsistent liquidity since mid-September, volumes at major trading platforms continue to remain buoyant.
FXPB versus CCP put to the test
With concern over counterparty credit risk at such elevated levels, some question what this will ultimately mean for the smaller banks out in the market-place.
One bank's loss is another bank's gain
The reality is that, when a bank collapses, an opportunity is created for others to pick up its business. In the past week, evidence has emerged as to who is winning Lehman Brothers' foreign exchange client base.
UBS: an FX beacon in a sea of doubt
UBS practically swept the leader board in the currency category of FX Week sister publication Risk 's 2008 interdealer survey released last week.
Uncomfortable truths
Teis Knuthsen, head of FX research at Danske Bank in Copenhagen, looks at the structural changes shaping political and economic realities in our time
What the Reauthorisation Act means for retail FX
Felix Shipkevich, general counsel at online FX trading company CMS Forex in New York, provides an overview of the US regulatory environment for retail FX brokers
The post-trade value chain
Nick Dyne, head of business development at post-trade technology vendor Logicscope in London, evaluates the prospect of a 'virtual' back office
Algo trading: worth the expense?
An important issue that came up in the Aite Group report on algorithmic trading in foreign exchange released last week was the cost of using this form of trading.
Managing mismatches
Tolga Ediz and Ivan Tchakarov at Lehman Brothers in London illustrate the net foreign assets approach as another metric to uncover mismatches in currency valuation
The vote and the dollar
Peter Luxton, global economic adviser at Informa Global Markets, says past experience shows presidential elections can be a factor in US dollar volatility
Global capital flows support USD
Stephen Hull, foreign exchange strategist at Lehman Brothers, sees a brighter future for the US dollar, as central banks reverse their accumulation of foreign exchange reserves and foreign direct investment into the US increases
The murky side of retail forex
In these days of heightened regulatory scrutiny, Saxo Bank could take it upon itself as a pioneer of the retail foreign exchange market to more effectively monitor who is using its technology and how.
Hungary cautious over rate cuts
Eszter Gargyan, Citi’s economist for Hungary in Budapest, says rate cuts in Hungary are likely to be delayed in the second half of this year, but could accelerate in 2009
USD labour market hits bottom
Michael Woolfolk, an economist at Bank of New York Mellon in New York, analyses the latest US employment report, examines how the FX markets have reacted to its contents, and reflects on the future of the US dollar
Retail vs professional: a clash of values
An issue that seems to be emerging is the clash of values between the retail and professional markets in how they operate, specifically what happens when deals are done on off market prices.
Solutions to rouble trouble
The rouble derivatives market developed in haste after further liberalisation of the currency in July 2006 and positive changes to the Russian Civil Code 1062, centring around the previous treatment of derivatives as gaming, in January 2007.
And so here it is...
If you were curious to know how much revenue a retail trading company can generate in a quarter, then here it is. Read on if you want to know what the CME Group really thinks about FXMarketSpace.
The euro big picture revisited
Nikola Mirtchev, a trader/economist at London-based asset manager 3D Currency Management in London, predicts the future of the euro as the eurozone finally begins to feel the effects of the credit crunch
Bringing it home
Naomi Fink, Japan strategist in global markets sales and trading at the Bank of Tokyo Mitsubishi UFJ says tax breaks in Japan won't be enough to encourage Japanese investors to repatriate their Brazilian profits to the country
Will we ever move to a fee-based model?
The competition to gain retail clients and white-label partnerships by retail trading companies and vendors is leading to more creativity in service provision.
Internalising flow threatens brokers
As banks begin looking at ways to internalise flow, the big question is what it will mean for electronic brokers such as EBS and Thomson Reuters.