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    Currencies

    Macro traders tread carefully ahead of tariff pause deadline

    Macro investors are struggling to find good trades ahead of the July 9 deadline for the Trump administration’s 90-day tariff pause, choosing instead...

    Citadel Securities’ head of electronic FX departs

    Kevin Kimmel, the global head of electronic foreign exchange at Citadel Securities, has left the firm, according to sources familiar with the matter.Kimmel...

    Will Taiwan lifers ramp up FX hedging amid tariff turmoil?

    Taiwanese life insurers are expected to increase foreign exchange hedging after recent tariff-driven market volatility led to losses on their US dollar-denominated assets.Despite...

    DRW’s Wilson: regulatory confusion hinders euro stablecoins

    Conflicting interpretations of European digital assets legislation are hindering the development of euro-denominated stablecoins, according to Don Wilson, chief executive of DRW Holdings.As a...

    BNP Paribas eyes selective algo white label tie-ups

    BNP Paribas is planning to selectively expand its white-labelling programme to give more regional banks and their clients access to its spot foreign...

    DC hedges return amid tariff pause

    The deal contingent (DC) hedge market has been making a comeback, after President Trump’s chaotic tariff policies in April led to a sharp...

    Disclosed trading an oasis in the FX liquidity ‘mirage’

    It takes a market-wide crisis to know how stable the underlying pipework is that supports it. In the $7.5 trillion foreign exchange market,...

    Eyes on automation as FX options volumes surge

    Foreign exchange options are having a moment.Rising geopolitical uncertainty and volatility have made optionality a much sought-after feature among both hedgers and speculators.The amount of...

    Standard Chartered taps Newman to head rates and FX trading

    Standard Chartered has hired John Newman as global head of rates and foreign exchange trading.Newman joined the UK bank last month and is...

    Banks seek to advance predictive pricing models

    Artificial intelligence has increasingly become an all-encompassing...

    Hedge funds burned as Hong Kong dollar bets implode

    Global trade tensions have turned the normally benign Hong Kong dollar into a treacherous currency to trade, with wild spot moves forcing hedge...

    State Street’s interop play for FX

    Having a stable of high-end trading platforms can be a blessing – and a curse. And while experience and familiarity are valuable, legacy...