BNP Paribas
Algo users seek apples-to-apples info
BIS study raised concerns; standards now a work in progress at GFXC
FX Markets Best Banks Awards 2020: The winners
Citi takes 12 categories, including best bank for FX; HSBC follows with six wins
Banks explore ESG-linked deal contingents
Trend for tying derivatives to ethical criteria could soon extend to deal contingent hedges
On dealer and currency choices, big US funds differ
Pimco, Vanguard and other fund giants account for up to 60% of forwards trades – but have very different hedging needs and dealer panels
Filings reveal biggest FX forwards dealers
Counterparty Radar: Group of four banks executed 47% of sector’s trades during second quarter
e-FX Awards 2020: Best prime broker – BNP Paribas
European bank BNP Paribas offers stability and partnership in FX prime brokerage, doubling revenues and tripling the volumes it handles over the past 18 months
e-FX Awards 2020: The winners
Citi takes three categories in 18th annual awards; XTX picked as best LP for spot, while Goldman wins algo crown
Swaps platform aims to cut out the banks – but not entirely
Peer-to-peer newcomer FX HedgePool targets asset managers’ month-end hedging activity
Navigating uncharted markets with FX algos
BNP Paribas's Asif Razaq describes traversing Covid-troubled waters with execution algorithms
Turkey bans dealers from trading with BNP, Citi and UBS
Lira rallied after action, but respite for the currency may be brief
FX swap users hope to avoid month-end crunch
Blowout in spreads prompted SSGA and other managers to limit need for hedges on March 31
ESG-linked hedges raise interest – and questions
Carrot-and-stick trades pay off if green targets are hit, but setting and monitoring those goals is tricky
Who killed FX volatility?
Beyond central bank policy, traders see a range of hidden structural factors at work
Four more banks join CLSNet
Bilateral payments netting service using distributed ledger tech now has nine firms live
Colombia culls external reserve manager to boost competition
From 2016–18, the central bank reduced the number of institutions from seven to six
Banks aim to reach more Asia FX clients with Symphony/WeChat app
Main benefit of Symphony on WeChat is ease of communication on a platform traders use regularly, says BNPP
BNP Paribas to launch e-FX pricing engine in Singapore
BNPP is latest bank to set up Singapore pricing engine; readies Cortex Live launch with AI and data tools
Green FX hedging tipped to grow after BNPP/Siemens Gamesa deal
If the energy company misses ESG score it will pay a “sustainability premium” towards forestry projects
Webber joins XTX from BNPP
Now a member of the non-bank liquidity provider’s global distribution team, Andrew Webber spent most of his FX career as a quant trader
JP Morgan trader Aiyer guilty of price-fixing conspiracy
Akshay Aiyer is second currency trader to be convicted in US’s ongoing probe into FX market
Winners of the FX Week 2019 Best Banks Awards
The awards acknowledge excellence in foreign exchange
Best Bank Awards: BNP Paribas
BNP Paribas is voted Best bank for FX in the eurozone at the 2019 FX Week Best Bank Awards
Chatroom dealings can benefit trading – Aiyer case expert witness
Academic finds 162 examples of traders matching each other in rand chatroom, generating savings of several thousand dollars per trade
BNPP appraisal challenges Katz’s credibility
Former trader’s supervisor highlighted poor performance on FX swaps and bad risk management in 2011 review