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 ...

Steve Toland, vice-president of global sales at MarketFactory, will leave the firm in February to move on to new opportunities. Toland's departure comes after a year in the role, responsible for ...

The Bank for International Settlements is partnering with the central banks of China, Hong Kong, Thailand and the UAE to conduct new tests of cross-border central bank digital currency. The BIS ...

Royal Bank of Scotland (RBS) has hired David Katalan as head of US options trading for currencies, based in Stamford, Connecticut. Katalan, who began his role this month, reports globally to Simon ...

FactSet’s Portware platform has expanded its capabilities for buy-side users to include automation of high-touch trades, with the aim of making workflows as efficient as algorithmic execution orders.

Foreign exchange options are having a moment. Rising geopolitical uncertainty and volatility have made optionality a much sought-after feature among both hedgers and speculators. The amount of FX ...

Pension funds and insurers are increasingly shifting from passive currency hedging overlays to more dynamic hedging after traditional inverse correlations broke down during volatility caused by US ...

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 ...

Bank foreign exchange market-makers are increasingly using machine learning and artificial intelligence technology to improve their pricing predictions and sharpen levels shown to clients. Non-bank ...

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 ...