European asset managers and pension funds are adding more currency hedges to their US equity portfolios following a breakdown of the so-called ‘dollar smile’.

American Express’s structural currency hedges lost $198 million in value during the first quarter, as the US dollar weakened in response to early signs of aggressive trade measures from US President ...

BrokerTec and MarketAxess posted minor market share gains, as trade volumes for US Treasuries surged during the tariff-induced turmoil in government bond markets at the start of April. From March 25 ...

A bet on the relative performance of US interest rate swaps versus Treasuries has turned into a ‘pain trade’ for hedge funds as tariff-driven fears cause bond yields to surge. Hedge funds piled into ...

Following $26 billion of inflows over the two years through February, the largest CLO-backed ETFs saw outflows totalling $1.6 billion in March and April.

It’s a source of frustration to members of the European Parliament (MEPs), who say the time is coming for the European ...

The market volatility that followed US President Donald Trump’s back-and-forth tariff announcements has had financial ...

Goldman Sachs was the top US dealer for foreign exchange trading revenues in 2024, which more than doubled at the firm thanks ...

The first two weeks of April saw required margin for futures and options across US futures commission merchants (FCMs) soar ...

Wells Fargo’s decision to tilt its foreign exchange business towards institutional buy-side clients is paying off, with the ...

Rules forcing large portions of the US Treasury repo market into central clearing could increase volatility in the secured ...

Leading the effort in many companies is the chief technology officer. At the Options Clearing Corporation, the remit for ...