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    Currencies

    Chinese corporates shunned hedging during tariff upheaval

    Amid the ongoing US-China trade war this year, Chinese exporters chose to hold steady on their hedge ratios, according to dealers, owing to...

    For variation margin payments, cash is no longer king

    One of the last bastions of cash-only payments in the financial markets is showing signs of wavering.Global banks accepted $325 billion of non-cash...

    How FX execution adapted to tariff turmoil

    The turmoil from US president Donald Trump’s ‘liberation day’ tariff announcements rattled global foreign exchange, interest rate and equities markets, where it triggered...

    Deutsche Bank takes AutobahnFX on the open road

    Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to some of its workflow elements via third-party platforms...

    Limited-loss hedges help US firms dodge costly FX moves

    Foreign exchange structurers are seeing increased demand from US corporates for options-based hedges that can limit losses on their net investment hedges caused...

    Why asset owners aren’t turning their backs on America (yet)

    In April, after the markets chaos that followed ‘Liberation Day’, Mads Gosvig, who heads asset allocation at the UK’s Railpen pension fund, asked...

    Hedge funds return to HKD carry trade after May stop-outs

    Dealers are seeing renewed hedge fund interest in the Hong Kong dollar carry trade due to the wide gap between Hong Kong and...

    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...