Currency

Responding to change

Purnur Schneider and Christopher Cruden at Insch Capital Management in Lugano, Switzerland, use the Black-Litterman model to test strategies designed to work in changing market conditions

CLS: the 10-year-old man in the middle

Ten years on from launch, CLS has come to occupy a unique and systemically important position in the global FX market. In the first of a two-part series, chairman Gerard Hartsink talks to Kathy Alys about CLS’s highs and lows in a decade as the market’s …

Currency focus: Danish krone

The Danish krone's peg to the euro has been key to the success of the economy over the past 30 years, but how would a eurozone collapse affect the currency? Robert Mackenzie Smith reports

Standards multiply as FX TCA takes hold

Increased choice in FX transaction cost analysis (TCA) is giving asset owners more tools to measure the performance of liquidity providers, custodians and trading algos. However, with more opportunities for real-time data capture driving a diversity of…

The rise of the red-back

Moves to automate the payment process are being matched by interest in RMB trade settlement. Saima Farooqi asks how much progress has been made so far, and talks to those with a yen for yuan

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