Foreign exchange

Commerzbank builds FX globally

Commerzbank has made key hires in sales and trading across Asia, Europe and the US as it strengthens its global FX business, the bank said on August 25.

Citi adds new head for Asian FX team

Citi continues Asian FX team expansion by relocating Perret-Green from Citi's Europe markets division to Asia to head FX strategy. Citi says its foreign exchange daily trading volumes exceed $15 billion a day in Asia.

Asia Risk 15: Delivering options for FX derivatives

The Asian foreign exchange markets have experienced more than their fair share of ups and downs during the past 15 years. But the phenomenal growth of trade flows between Asia and the rest of the world, and more recently, within the region, has created a…

Asia Risk 15: Rafael Consing, ICTSI

Corporates were hit hard by derivatives losses linked to investments and low-cost hedges during the financial crisis. But most companies have benefited by using derivatives to manage financial risks. Joti Mangat and Georgina Lee talk to one such company,…

The rise of multi-currency options

Adrian Campbell-Smith (RBS Currency Options Trading) and Ben Hamdani (RBS Currency Structuring) examine the realm of multi-currency options and explain some of the reasons behind their increasing popularity

Lufthansa wary of OTC regulations

Corporates across the globe have lobbied to ensure end-users are not subjected to new clearing requirements for derivatives. For Lufthansa’s treasury department in Frankfurt, ensuring it is able to continue to hedge its foreign exchange and interest rate…

CFTC rules increase credit risk

Proposed rules to limit leverage on margin FX trading accounts at retail forex brokers will have the unintended consequence of increasing counterparty risk, according to Josh Levy, managing director at Tactical Asset Management.