FX markets in early Asia experienced what dealers refer to as a “mini flash crash” today as risk aversion levels were ramped up and volatility ensued following a profit warning from Apple.
- ‘Flash Crash’ Moves Hit Currencies as Yen Spikes on Apple and China – Financial Times
- The Twilight Trading Hour Strikes Currency Markets Again – The Wall Street Journal (subscription)
- Sterling Sent Lower after Asian ‘Flash Crash’ Rocks FX Markets – Reuters
- Yen Soars as Investors Seek Safety on China Growth Fears – Reuters
Market structure change over the past decade has been directly or indirectly catalyzed by the credit crisis of 2008. It can be argued that everything from cryptocurrency to swaps clearing to ETFs saw
FX Global Code will spur market participants to amend execution terms and conditions.
This is the reader’s digest of research notes for the year ahead – a compendium of more than 200 market themes, bets and threats from many of the biggest financial institutions in the world.
A year after new EU rules forced banks and brokers
Post-trade securities processing in Europe remains fragmented despite the first year of full operation of TARGET2-Securities, the platform which aimed to
A roundtable hosted by the SEC with high-profile market participants highlighted just how divided Wall Street and regulated exchanges are on the issue of market data and access to exchanges.
Intercontinental Exchange’s cryptocurrency exchange and platform
Everyone in cryptocurrency has a story about the time they went down the proverbial rabbit hole. Tom Jessop’s takes place in his kitchen.
With institutional-grade connectivity and infrastructure now in place, 2019 will see financial institutions enter the crypto market in a fundamental way, says James Banister, chief executive of cryptocurrency connectivity provider Market Synergy.
Michael Novogratz is putting more of his money where his mouth is when it comes to cryptocurrencies.
Data from CboeFX and Fastmatch indicate that while there was an inevitable drop from November, FX activity in December was historically robust.
Interest in algorithms is growing across the FX industry.
Predata CEO Hazam Dawani says big players like Bloomberg are positioning themselves for the change.
Eruptions of volatility have occurred to a growing number of currencies in the past few years. They have one thing in common – the timing of the outbreaks
The single currency has been an unmitigated catastrophe.
- The Euro is the Most Dysfunctional Currency Ever Created – The Spectator
- Challenging Times Lie Ahead for the Eurozone – FinancialTimes
The Turkish lira is off to a bad start to the year. The currency has shed more than 3.5 percent of its value against the dollar in the first three days of 2019. Not only is that the most in the world,
This year, US exceptionalism looks set to fade on several fronts. For starters, the