At a time when buy-side firms are seeking ways to boost quant strategies using large language models, Quoniam Asset ...

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 ...

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 ...

When you hear from many buy-side execution trading desks, a common theme emerges – they seem to loathe their lack of resources and the requirement to do more with less. As a consequence, these teams ...

CLS is planning to launch a payment-versus-payment (PvP) settlement service for the offshore Chinese renminbi (CNH), FX Markets understands. The addition of the world’s fifth most-traded currency to ...

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 ...

A senior Singapore regulator has warned that Asia’s likely move to T+1 settlement must be carefully managed to avoid introducing new risks into the region’s financial infrastructure. Ian Chung, ...

Hedge funds and asset managers in Asia are stepping up activity in listed Brazilian real futures to access one of the year’s best performing foreign exchange carry trades in their own operating hours.

The fourth edition of FX Markets’ annual exercise in identifying the top dealers in foreign exchange derivatives trading saw a major turnaround in arguably the biggest player in the market – JP Morgan ...