Opinion/Trading
Clarifying the murky language of liquidity
Campbell Adams, founder of the Pure initiative that now operates as ParFX, has a grudge against misnomers
FX benchmarks: everyone's a loser, baby
HSBC case highlights the inherent conflict of interest created by point-in-time benchmarks, says currency consultant
Alpha generation and risk mitigation in currency markets
State-of-the-art technology solutions help to deliver a reliable ecosystem
The trick is to keep breathing
Business continues as the worst of the regulatory scandal passes
Aggressive HFT stable in major currencies
According to research from AbleMarkets
There is no ‘F' in FEMR
A trader's view of the Fair and Effective Markets Review
FX reform: if it ain’t broke, don’t fix it
WMBA makes case for FX code of conduct
One last look at last look
A strategy for the changing FX market
FX Focus - Editor's Letter
Ready to report?
EM sell-off will have lasting implications for currencies, says Natixis
Careful analysis of current accounts and export prices indicates Germany and Italy could benefit from the recent depreciation of emerging market currencies, but the US and the UK stand to lose out. By Patrick Artus
Deconstructing the Sef ‘car crash'
With days to go until approved swap execution facilities are set to open for business, the CFTC would do well to heed some of the warnings it is hearing from the industry
Striking a balance on pricing
FX platform pricing models have come under fire, with calls to reduce or abandon fixed costs, but how should platforms seek to get the balance right?
The hidden challenges of Mifid II in the FX market
The implementation of Mifid II might be several years away, but market participants face challenges in properly implementing the regulation while also realising the benefits of liquidity, transparency and flexibility, warns law firm Jones Day
Volatility is here to stay in FX as the currency war engages
Currency markets have jolted back to life in recent weeks, largely driven by the change of government and monetary policy in Japan. With competitive devaluation of currencies clearly now in play, John Hardy believes the volatility is here to stay
The year of threats, or opportunities?
The maelstrom of strategic changes that have come to pass at EBS and Thomson Reuters now poses a threat to incumbent platforms that had previously capitalised on their reluctance to deviate from their core business
Is FX execution changing its colours?
The proliferation of new trading tools and platforms in the foreign exchange market is a welcome development that should enhance the buy-side trading experience, writes Lisa Seim
Euro will weather the storm, says Natixis economist
Germany will not allow the euro to fail, which is why the currency is performing better than expected, according to Asia economist at Natixis
All eyes turn towards EBS
EBS is set to unveil the next round of system and policy changes this week, which will be closely scrutinised by newer entrants and competing platforms
And so to the front office
Following the recent appearance of two alternative trading platforms, questions have been raised about how many new platforms the FX market can hold
Why the Q1 risk rally was a glass half empty
Following a risk rally in foreign exchange markets during the first quarter, several of the positive drivers of that rally have now dissipated. Looking ahead to the rest of the year, Callum Henderson explains why investors should continue to short…
Correlation breakdown tells a cautionary tale
John Hardy, chief currency strategist at Saxo Bank in London, discusses his views on the currency markets, sounding a note of caution about the risk rally seen since the start of the year