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TD, Goldman make strides with Ucits in FX forwards trades

TD Securities and Goldman Sachs made the largest ranking moves among dealers serving the FX forwards market for European retail funds during the...

FX defs look to calculation agents for close-out rates

Calculation agents will play a bigger role under the International Swaps and Derivatives Association’s new foreign exchange definitions, while the definition of “impossibility”...

Tariff news ‘ping pong’ gives FX options desks a headache

Foreign exchange market-makers often say they prefer more volatile markets. But last week’s wild swings pushed many to their limits, as options volatility...

XTX Markets hires Brook for Emea market-making

Non-bank market-maker XTX Markets has hired Sam Brook for its European foreign exchange and equities trading team.Brook joins from NatWest Markets, where he...

Corporates pressed on FX hedges as dollar surge bites

Foreign exchange losses have begun to mount for some of the largest global corporates, with the likes of Amazon, Apple and Nike reporting...

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