Banks are finding it hard to risk-manage the exotic yen options structures that hedge funds are using to bet on interventions by the Bank of Japan, dealers say. The trades – reverse knockout (RKO) ...

This is the first of two articles based on interviews with senior quants about the use of agentic AI tools in their daily ...

This is the second of two features about the use of AI tools by quants in their daily work. The first looked at how banks and ...

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

Citi was the top US dealer for foreign exchange trading revenues in 2025 on the back of increased client hedging demand, according to regulatory filings. The bank generated revenues of $7.9 billion ...

A wave of departures from LMAX’s swaps and derivatives unit is fuelling speculation among users about the future of the all-to-all swaps matching platform that it acquired from FX HedgePool in October ...

JP Morgan has phased out a model that leverages machine learning technology for foreign exchange algorithmic execution, citing issues with data interpretation and the complexity involved. The US bank ...

The FX Markets Asia Awards recognise the leading banks, dealers, brokers, asset managers, and technology providers across the Asia-Pacific region. It provides a unique opportunity for companies in the ...

Every three years, the Bank for International Settlements (BIS) publishes its Triennial Central Bank Survey, the most comprehensive snapshot of global FX and over-the-counter derivatives markets. The ...

Benjamin Klixball has joined non-bank market-maker IMC Trading in New York in a senior sales and distribution role. Klixball had previously spent nine years at XTX Markets in the US, most recently as ...

The London Stock Exchange Group’s (LSEG) foreign exchange trading venue, FXall, is preparing to launch a service that separates credit risk from market-making in FX forwards trades with buy-side ...

Hedge funds are continuing to run Hong Kong dollar carry trades despite a rise in local interest rates, albeit on a much-reduced scale compared with earlier in the year. Dealers, however, expect a big ...