Cole Lipsky

4 days ago | fx-markets.com | Cole Lipsky

FX options venue SpectrAxe has hired Robert Schultz as chief operating officer for the Americas, effective April 21. Schultz joins from Deutsche Bank where he worked for more than 12 years, most recently serving as a product manager and vice president in FX prime brokerage and algo trading. In his new role, Schultz is tasked with expanding the credit intermediation network for SpectrAxe’s central limit orderbook (Clob) for all-to-all trading of over-the-counter FX options. “We are bringing in

1 week ago | waterstechnology.com | Cole Lipsky |Anthony Malakian |Max Bowie |Rebecca Natale

With foreign exchange volatility surging to new heights, a growing number of execution management system (EMS) vendors are developing automated solutions designed to help buy-side firms manage operational risk when trading FX options. Buy-side traders have long been frustrated by the lack of effective integrated workflow tools for the instruments. In December last year, the FX trading head at T Rowe Price said it “feels like it’s [done] on the back of a cigarette packet”. Now vendors like Digital

1 week ago | fx-markets.com | Cole Lipsky

With foreign exchange volatility surging to new heights, a growing number of execution management system (EMS) vendors are developing automated solutions designed to help buy-side firms manage operational risk when trading FX options. Buy-side traders have long been frustrated by the lack of effective integrated workflow tools for the instruments. In December last year, the FX trading head at T Rowe Price said it “feels like it’s [done] on the back of a cigarette packet”. Now vendors like Digital

3 weeks ago | risk.net | Cole Lipsky

US corporates are having a hard time responding to increased currency volatility as internal restrictions around hedging programmes make it difficult for them to react quickly to the shifting strength of the dollar. Heightened foreign exchange volatility, driven in particular by President Donald Trump's chaotic tariff announcements, has seen the dollar weaken and made it difficult for corporates to forecast future cashflows from foreign earnings or imports.

1 month ago | risk.net | Cole Lipsky

Since the start of Donald Trump's second US presidency, many of his tariff-related social media posts have tended to appear late New York time. This piles extra pressure on the Asia trading session when G10 currencies are less liquid and creates risk management challenges for foreign exchange options market-makers.