Banks
A peek inside GFXC’s algo cover sheets
Order priority and segregation policy among the items under discussion
Investors eager for next round of China financial reforms
Bond futures and credit default swaps the missing pieces
SA-CCR proves a bitter pill for US banks to swallow
Dealers concerned new regime will punish some business lines with rise in risk-weighted assets
Strike a pose: deal contingents back in vogue after mid-year slump
M&A revival breathes life into deal contingent trades, but elevated risk keeps prices high
Joe Biden’s slow road to remaking US financial regulation
Moves on climate risk could come early; other changes may have to wait until the end of 2021, or later
FX headwinds cancel out HSBC’s Q3 RWAs cut
Portfolio reductions reaped $10.8 billion of RWA savings
Swaps platform aims to cut out the banks – but not entirely
Peer-to-peer newcomer FX HedgePool targets asset managers’ month-end hedging activity
FX research bounces back amid volatility
Dealers report sharp rise in client demand for research
Buy side eyes outsourced trading amid Covid disruption
Pressure on trading continuity drives in-house desks to look outwards
El-Erian on Covid-19 policy risks and ‘zombie’ markets
Former Pimco chief says Fed move into high yield is a step too far, new rules needed on leverage and false liquidity, and narrow window emerges for central banks to shed some of their policy load
Covid-19 could spur central bank digital currencies – BIS
Fear could promote use of CBDCs but data is yet to point to whether cash demand has changed
Fee fight: dealers take aim at brokerage costs
Old tensions have new edge as banks urge clients to bypass platforms
After 30 years, we’ve revamped FX Week – here’s why
Readers have been asking for more exclusive content and more insight. FX Markets will deliver it
FX HedgePool goes live with three buy-side firms
Two US buy-siders trade with European firm on peer-to-peer utility created for them to source liquidity from each other
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
FX HedgePool: move to clearing may be irresistible
Jay Moore says balance sheet pressures will redefine buy-side credit relationships
Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
JP Morgan trader Aiyer guilty of price-fixing conspiracy
Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market
Jason Katz: ‘I wasn’t ready to admit what I had done’
Taking the witness stand, former trader admits he was initially untruthful to DoJ
Cummins: ‘I didn’t surrender all the details’
Key witness in criminal case against Aiyer admits lying after agreement that his words won’t be used against him at a subsequent trial
Ex-JP Morgan trader on trial for rigging
Justice dept claims fake trades duped market but defence argues against overly simplistic view
JP Morgan traded $250 billion via NDF algos this year
A fifth of all the NDF algo volumes conducted by JP Morgan’s clients is being internalised
Spotex expands institutional offering with JP Morgan and NatWest
The banks’ prime brokerage desks seek diverse liquidity pools that could lead to better execution for their algos
Algo fears spark hunt for neutral checks on FX Code compliance
Banks seek third-party quantitative methods for confirming activities done in their names are aligned with the principles