Dealers say these instances highlight clients’ jumpy response to headline risk. The constant flip-flopping in skew may ...

When news broke on July 16 that Trump had drafted a letter to remove Federal Reserve chair Jerome Powell, the market hadn’t ...

Traders found consistent and actionable pricing in lit FX spot and futures order books during volatility rollercoaster in Q2, ...

Vendors that must register as multilateral trading facilities (MTFs) may end up passing increased regulatory costs on to ...

Why Iran tensions failed to rattle markets Despite initial fears, traders say risks were signposted and investors had deleveraged after April ...

Chinese corporates shunned hedging during tariff upheaval High hedging costs and increasingly stable spot rate meant exporters opted not to add FX hedges as RMB rose ...

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 result, ...

Hong Kong’s de facto central bank has intervened to protect the currency’s peg with the US dollar at the weak end for the second time in less than a week. The Hong Kong Monetary Authority said it had ...

Hedge funds that bet the yen would materially weaken following last weekend’s Japanese election were left disappointed after prime minister Shigeru Ishiba announced he would stay on, despite his ...

For years, bitcoin was seen as a speculative outlier: volatile, loosely regulated, and detached from the macroeconomic fundamentals that drive traditional asset classes. Today, we’re seeing something ...

Citi’s foreign exchange forwards business has been among the hardest hit by new rules measuring counterparty credit risk, with clients of the US bank saying it has widened its bid/offer spreads on ...

Since the start of Donald Trump’s second US presidency, many of his tariff-related social media posts have tended to appear late New York time. This piles extra pressure on the Asia trading session ...