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    Currencies

    The S&P 500 climbs for a 9th straight day — but the ‘breadth paradox’ is sending a rare warning

    The S&P 500’s latest string of records has come with a catch: Fewer stocks are participating in the rally. Source link

    Market-makers give mixed verdict as CME Spot+ turns one

    Electronic foreign exchange dealers have delivered their one-year report card on CME’s Spot+ platform, and the grades are mixed. The venue, designed to bridge...

    Societe Generale sees several departures from FX desk

    Several foreign exchange traders and salespeople have left Societe Generale over the past five months, FX Markets understands. Among the most recent senior departures is...

    Former Citi FX options duo join Millennium and Morgan Stanley

    Two former foreign exchange exotics options traders at Citi have left the US bank to take up new roles at Morgan Stanley and...

    Dollar smiles again, but for how long?

    For a few weeks in February and March, currency strategists watched what looked like a controlled experiment. As military conflict engulfed the Middle...

    LSEG’s FXall to launch credit-intermediated FX forwards service

    The London Stock Exchange Group’s (LSEG) foreign exchange trading venue, FXall, is preparing to launch a service that separates credit risk from market-making...

    DB eyes regional bank algo boost from smartTrade tie-up

    Deutsche Bank expects to more than double the client base for dbHedge, its foreign exchange spot algorithmic hedging suite for regional and tier-two...

    An eye on API: bilateral FX takes hold with some asset managers

    Foreign exchange trading venues have a persuasive pitch: visible pricing, liquidity, convenience. But hefty platform fees are a perennial gripe for users.In response,...

    EU task force boss calls on NCAs to wield their powers to meet T+1

    European national competent authorities (NCAs) must wield their supervisory powers – and the sooner the better – to assure a smooth transition to...

    Morgan Stanley’s DiTrapano joins DB in top e-FX role

    Robert DiTrapano has joined Deutsche Bank as its new global head of electronic foreign exchange and spot trading, FX Markets understands.Based in New York,...

    Deutsche Bank’s head of FX e-trading Benedict Carter retires

    Benedict Carter, the global head of electronic FX and spot trading at Deutsche Bank, has retired, FX Markets understands. Carter spent over 15 years at...

    JP Morgan’s race to simplify FX options trading

    In the ongoing arm-wrestle between single- and multi-dealer platforms, the latter have an inbuilt advantage. MDPs allow users to obtain prices from a...

    FX options traders lost in Iran fog

    Many foreign exchange options traders are holding back from meaningful directional bets following the US-Iran ceasefire, though some have seized the chance to...

    Super fund FX growth threatens dealer ‘tipping point’

    The growth of Australia’s superannuation funds is facing a hidden pinch point. The funds do not post collateral when hedging their foreign exchange...

    Isda’s Basel III playbook: speak softly and carry a big QIS

    The latest US Basel III endgame proposal released on March 19 was widely seen as a victory for banks. For the International Swaps...