Opinion
The agnostic tendencies of aggregation
Last week in New York, we hosted the annual FX Week USA congress. One of the recurring themes during the day was aggregation and its implications for the industry.
AUD/USD moves towards fair value
After a year and a half of undervaluation, the AUD/USD is finally close to its fundamental fair value, says David Forrester, Australia and New Zealand FX strategist at Barclays Capital in London
Keeping pace in an explosive market
Rick Schumacher, product manager at Wall Street Systems in New York, explores recent transformations in the FX market and the new challenges and opportunities these present for banks
Margin trading platform race gathers pace
The race to launch a margin trading platform continues to gather pace, with at least two further banks in the process of signing deals with online trading companies to launch retail platforms.
Australian dollar: a reserve currency
The potential for the Australian dollar as a reserve currency is evaluated by Divyang Shah , chief strategist at Commonwealth Bank of Australia in London
Traiana leads the algo trading pack
It appears Traiana is onto a winner with its NetLink service. Since its launch in January this year, the vendor has managed to roll out the ticket netting engine to three platforms, starting with spot broker EBS, electronic communications network Hotspot…
Participating in a rangy/bullish spot
How can clients maximise potential gains from favourable spot moves while minimising the downside risk? Eric Ohayon of Bank of America in London investigates
What happens when the state steps in
The effects of state intervention on exchange rate policy are examined by Peter Luxton , London-based global markets adviser at Informa Global Markets
Dollar could hit 1.40 against Swissie
The prospects for a stronger dollar are scrutinised by Benedikt Germanier , currency strategist at UBS in Zurich
E-trading comes in many flavours
The future of electronic trading is mapped out by Nick Dyne , chief executive of London-based data management and STP systems vendor Logicscope
An unseasonal game of musical chairs
As we enter the summer months the unseasonal slew of hiring and restructuring looks unlikely to abate. Considering these functions are usually done and dusted by May, it is curious that a number of banks are just trying to begin new ideas at this point…
FXMarketSpace's advantage is eroded
FXMarketSpace has released its second set of volume figures, showing the platform is growing steadily.
The rise of the vol product
To get pure exposure to the new asset class, Philippe Lintern , head of FX Complex Products at The Royal Bank Of Scotland in London, proposes volatility products
Sensible, flexible, stable: meet the GBP
Despite dropping all talk of euro membership, the UK has achieved exactly what it needed: a stable and sensibly priced currency while maintaining a flexible monetary policy, says Simon Derrick , head of currency research at Bank of New York in London
Algorithmic trading:the race for better value
The rocketing popularity of algo trading is examined byMark Akass, chief technology officer of BT Global Financial Services
Reaction to China’s wider trading band
In the week after China’s triple response on monetary policy, sentiment on the groundis confident, according to two experts at JP Morgan in Singapore: David Fernandez,head of emerging Asian economic research, and Claudio Piron, head of Asian FX research
FXCM: tough questions for Deutsche
The fact that four banks have shown interest in acquiring a 35% stake in online currency trading platform FXCM has led many to question what this means for Deutsche Bank, which is understood not to be bidding for FXCM despite the white-label deal for…
Hear no evil?
Retail punters and cross-border institutional investors have adopted strong risk-seeking positions despite warnings of a Chinese stock market bubble, find Andrew Capon, editor-in-chief, and Michael Metcalfe, head of macro strategy at State Street Global…
To net or not to net? That's CLS's question
He who shouts loudest will be heard? If the old adage is true, then settlement platform CLS should be moving into netting.
BoE rate hike should have been higher
Commenting on last week's widely anticipated 0.25% rise in UK base rates, London-based fund manager Ted Scott of F&C Investments believes the Bank of England's Monetary Policy Committee should have done more to stamp out inflationary expectations
Does one platform really fit all?
Do clients even want to trade multiple asset classes from a single platform? That's an interesting question.
Avoiding corporate cable complacency
UK corporates need to keep their eyes on hedging policies as city analysts debate the sustainability of the current cable price, says John Haines , managing director, financial markets sales at Lloyds TSB Corporate Markets
Feeling the strain of high-volume trading
The decision to roll out netting services by electronic communications network Hotspot FXi demonstrates initiative on the platform's part.
Extending forex market reach
There is great scope for further integration between FX and interest rate swap markets, says Philip Whitehurst of independent developer MID Analytics in London