Trading in overnight index swaps referencing the effective federal funds rate outpaced activity linked to the secured ...

How should we characterise market impact? For practitioners, it’s an obstacle that considerably increases the cost of trading ...

Brian Donnelly almost gave up on competing for US retail options order flow a little over a year ago. Volant Trading, the ...

Barclays’ regulatory value-at-risk model remains on amber status after recording another hypothetical backtesting exception in Q4 2025, leaving the rolling 12-month total at five for the second ...

Proposals by the UK’s Financial Conduct Authority (FCA) to encourage greater use of single-sided trade reporting look set to disappoint both investors and dealers in the country’s market. Buy-side ...

Fischette was leading SocGen’s preparations for mandatory US Treasury and repo clearing, which will come into effect later ...

Customer funds at HSBC Securities USA spiked 33% in the second half of January, capping a volatile month in which futures commission merchants (FCMs) collected near-record resources from futures and ...

The Chinese renminbi was only a few years ago considered among the most actively traded currencies in foreign exchange options. But volumes have collapsed over the past year, as the People’s Bank of ...

The European Securities and Market Authority (Esma) plans to publish a supervisory briefing along with questions and answers ...

Two regulators in Europe share a vision to simplify their almost identical trade reporting regimes. Both are starting at the same point and looking ahead to the same end, so why they have set off on ...

Itaú Unibanco reduced its Common Equity Tier 1 (CET1) capital ratio by 1.2 percentage points in the fourth quarter of 2025, marking its largest quarterly drop since Q1 2020.

Market participants have warned the Bank of England against a blanket mandatory clearing regime for gilt repo, arguing that a ...