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    Currencies

    Wells Fargo hires e-FX trading head for Europe

    Hugh Stevens has joined Wells Fargo as head of electronic foreign exchange trading for Europe, the Middle East and Africa (Emea).Stevens previously spent...

    Morgan Stanley sees the elephants in the room

    As hedge funds have ballooned in recent years, so has their footprint in the few markets large enough to accommodate them. This isn’t...

    Natixis bolsters Apac market-making presence with new hires

    Natixis has made a series of senior hires in its rates and foreign exchange market-making business in the Asia-Pacific region to bolster its...

    Low-vol gold rush points to further upside

    As the ultimate safe haven, gold prices sitting at all-time highs can often be indicative of widespread panic. Yet the options market tells...

    HKD trading surge highlights pegged currency challenges

    The surge of activity in Hong Kong dollar foreign exchange trading this year offers a reminder of the potential perils when pricing and...

    Why flows now rival fundamentals

    For most of modern market history, trading flows were seen as little more than the smoke from the fire – evidence of deeper...

    Hybrids go for gold – FX Markets

    Confidence in a continued gold price rally has enticed hedge funds back into hybrid options trades, after erroneous bets on US equities led...

    How Amundi’s options strategy profited from dollar slump

    Entering 2025, the prevailing macro theme throughout the investment community was that the US dollar would continue its dominant path.Years of US exceptionalism...

    Court ruling challenges ‘fiduciary’ role for pre-hedging

    The overturning of Mark Johnson’s fraud conviction in July could indicate that dealers do not owe fiduciary duties to their counterparties when pre-hedging...

    Do humans still have a role in institutional FX?

    It’s 2025 and you attend another foreign...

    How FX pricing is adapting to Trumpian markets

    Within ING’s foreign exchange business, a special algorithm has the job of looking out for signals that might indicate an abrupt, unexpected shift...

    Barclays braces for a macro storm

    As developed countries continue to rack up deficits, the big question looming over markets is, who will buy the growing pile of sovereign...