Joe Parsons

4 days ago | risk.net | Joe Parsons

Deutsche Bank is shifting gears on its proprietary foreign exchange trading platform, offering access to certain workflow elements via third-party platforms - as clients continue to migrate towards these venues. For years, banks have tried to divert FX traffic from the multi-dealer platforms by offering value-added services.

1 week ago | fx-markets.com | Joe Parsons

The deal contingent (DC) hedge market has been making a comeback, after President Trump’s chaotic tariff policies in April led to a sharp dropoff in public merger deal activity amid the widespread economic uncertainty. “The tariff discussions and news flow saw a lot of timelines pushed out, but I feel deals are coming back in now, and we’re getting quite a lot of inbound requests of substantial size,” says Edmund Carroll, head of FX, rates and commodities corporate client solutions at UBS. The

2 weeks ago | risk.net | Joe Parsons

It takes a market-wide crisis to know how stable the underlying pipework is that supports it. In the $7.5 trillion foreign exchange market, the measure of its stability is liquidity. This was put to the test last month, as intraday volatility triggered by president Donald Trump's tariff announcements on April 2 resulted in an explosion in trading volumes, a widening of bid-offer spreads, and extremely challenging liquidity conditions.

3 weeks ago | fx-markets.com | Joe Parsons

Standard Chartered has hired John Newman as global head of rates and foreign exchange trading. Newman joined the UK bank last month and is based in London, according to his LinkedIn profile. A spokesperson for Standard Chartered confirmed the appointment. Newman joins after 24 years at UBS, where he held several global trading roles. Most recently, he was made interim global head of fixed income trading following the departure of Mark Tinworth in September. Tinworth moved to RBC Capital Markets as

3 weeks ago | risk.net | Joe Parsons

Standard Chartered has hired John Newman as global head of rates and foreign exchange trading. Newman joined the UK bank last month and is based in London, according to his LinkedIn profile. A spokesperson for Standard Chartered did not respond to a request for comment. Newman joins after 24 years at UBS, where he held several global trading roles. Most recently, he was made interim global head of fixed income trading following the departure of Mark Tinworth in September.