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1 month ago | 
fx-markets.com | Emma Siponmaa
Tweet Facebook LinkedIn Save this article Send to Print this page Banks have been looking to update procedures for dealing with over-the-counter derivatives close-outs and margin calls following the recent bout of US tariff-driven market turbulence, according to lawyers.
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1 month ago | 
risk.net | Emma Siponmaa
Banks have been looking to update procedures for dealing with over-the-counter derivatives close-outs and margin calls following the recent bout of US tariff-driven market turbulence, according to lawyers.
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1 month ago | 
risk.net | Emma Siponmaa
Jean-François Balaÿ will become chief executive officer at Crédit Agricole Corporate and Investment Bank (CA CIB) from May 6. He replaces Xavier Musca, who has held the role for the past three years, having also served for a decade as deputy CEO. Balaÿ joined the bank in 2009 as global head of loan syndication. He most recently served as deputy CEO of CA CIB from 2021 and as deputy general manager from 2018.
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1 month ago | 
risk.net | Emma Siponmaa
A new foreign exchange swaps venue that gives voice trading desks the ability to match interest with e-books run by some of the biggest dealers could mark a significant step forward in the electronification of the interdealer market, its founders say.
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2 months ago | 
risk.net | Emma Siponmaa
In algorithmic trading, government bonds have been the poor cousin to asset classes such as foreign exchange and equities. As recently as 2022, none of the largest dealers offered client execution algorithms for the $1 trillion-a-day US Treasuries market. But times are a-changing.
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Mar 10, 2025 | 
fx-markets.com | Emma Siponmaa
Tweet Facebook LinkedIn Save this article Send to Print this page A US technology vendor is aiming to offer combined trades in multiple asset classes, as part of a wider effort to push electronic trading for more complex products. OneChronos, which operates an alternative trading system (ATS) for equities, will extend its auction system to the foreign exchange spot market, enabling users to co-ordinate related transactions – a stock buy with a currency hedge, say.
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Mar 10, 2025 | 
risk.net | Emma Siponmaa
A US technology vendor is aiming to offer combined trades in multiple asset classes, as part of a wider effort to push electronic trading for more complex products. OneChronos, which operates an alternative trading system (ATS) for equities, will extend its auction system to the foreign exchange spot market, enabling users to co-ordinate related transactions - a stock buy with a currency hedge, say.
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Feb 24, 2025 | 
risk.net | Emma Siponmaa
Citi is deploying its new-look single-dealer platform to emerging markets in a bid to offer better and faster electronic onshore pricing to users through a single gateway. Following the relaunch of Velocity 3.0 in 2023, the US bank has focused on consolidating its various electronic foreign exchange pricing platforms - including CitiFX Pulse, its execution and treasury management platform for corporate clients - into a single application programming interface (API).
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Feb 19, 2025 | 
risk.net | Emma Siponmaa
In an unwelcome echo of the famous Dickensian legal dispute, Jarndyce v Jarndyce, derivatives dealers are locked in an interminable series of lawsuits with Italian local authorities who are resisting claims that they have reneged on interest rate swaps, many of which date back before the 2008 financial crisis.
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Feb 14, 2025 | 
risk.net | Emma Siponmaa
Calculation agents will play a bigger role under the International Swaps and Derivatives Association's new foreign exchange definitions, while the definition of "impossibility" in disruption events will also be updated. Isda is updating its rule book for trading FX derivatives, after the Russian invasion of Ukraine in 2022 exposed flaws around the management of disruption events and disrupted price sources.
