On the corner of Wall Street and Pearl – in the heart of New York’s traditional financial district – there’s an advert for a ...

Banks are stepping up their algorithmic execution capabilities for restricted market currencies, applying many of the ...

Wells Fargo doubled its foreign exchange forwards positions with US mutual funds and exchange-traded funds in the second quarter, driven by a surge in activity from Pimco and Vanguard. The US bank ...

Macro hedge funds are piling into foreign exchange derivatives ahead of Brazil’s October 4 presidential election, with bets ...

Total foreign exchange forwards notionals in the second quarter remained close to record levels, but billions of dollars of business changed hands between fund managers and their dealers, with Citi ...

Buy-siders often have lofty ambitions about how far they might automate trading workflow. For the most part, firms have concentrated on doing what’s easy – automating smaller, simpler trades that can ...

The FX Week Best Banks Awards are the benchmark for performance in the global FX industry, and the most accurate indicator of which institutions are leading the market, according to banks, corporate ...

Deutsche Bank has rehired Adnane Ait Omar as its new global head of foreign exchange options platforms. In addition to FX options, he will also be responsible for its electronic precious metals ...

Hedge fund Dymon Asia Capital has hired Weeli Goh, the former head of Asia-Pacific macro trading at Wells Fargo. Goh will join the firm in October as a portfolio manager in Singapore. Goh spent nearly ...

When Franklin Templeton acquired the cryptocurrency investment firm 250 Digital in June, part of the payment was made in Benjis, the street name for shares of Franklin’s first-of-its-kind tokenised ...

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