UBS’s adoption of Fundamental Review of the Trading Book reforms on January 1 inflated its credit valuation adjustment (CVA) capital requirements by 30%, ranking the bank as the most affected, to date ...
The success of DeepSeek, the Chinese artificial intelligence firm whose smash-hit large language model was built at a ...
Service expanded its API offering to integrate broker chats into banks’ engines for cash FX pricing late last year ...
UniCredit incurred seven value-at-risk backtesting breaches in 2024, the highest tally among European banks, as market volatility repeatedly caught dealers off-guard.
The Options Clearing Corporation and CME Clearing’s futures and options division revised upwards their estimates of the ...
Indonesia’s new central counterparty (CCP) for foreign exchange derivatives is to seek recognition from regulators in three ...
In algorithmic trading, government bonds have been the poor cousin to asset classes such as foreign exchange and equities. As recently as 2022, none of the largest dealers offered client execution ...
A nightclub’s new look is supposed to excite revellers tired of the same old atmosphere. But the global revamp of an ...
US corporates are having a hard time responding to increased currency volatility as internal restrictions around hedging ...
Hedge funds are turning once again to hybrid options – a standout feature of 2024’s wave of ‘Trump trades’. This time, though ...
In the world of macroprudential regulation, few are surprised that Japan’s regulator, the Financial Services Agency ( JFSA ), ...
The upcoming deadline for the European Market Infrastructure Regulation (Emir) Refit will encompass a number of changes to ...