If the first half of 2025’s currency markets were characterised by record-breaking months of volumes and volatility, the back ...
Interbank foreign exchange swaps trading has stagnated since 2022, as banks turn to the forwards market for their short-term liquidity needs, according to the Bank for International Settlements. FX ...
In a December paper, quants at HSBC and Imperial College London give an answer. The group worked out the optimal strategy for ...