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 ...

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 ...

Deutsche Bank is mounting a direct challenge to the custody banks that dominate operational foreign exchange execution for asset managers with the launch of an automated service it claims can cut ...