UBS has ordered bankers to scale back sales of complex currency derivatives after clients suffered heavy losses linked to ...

FX forward obligations are binding contracts to exchange currencies at a predetermined rate on a future date, used to hedge against fluctuating exchange rates. These contracts are typically used ...

As a result of being exempted or excluded from the definition of “swap” Window FX Forwards and Package FX Spot Transactions are not subject to most of the CFTC’s swap regulations.

Portfolio optimisation services provider Quantile has enhanced its counterparty risk optimisation service for foreign exchange by supporting SwapAgent FX Forwards. According to Quantile, the move will ...

Vanguard is planning to roll out distributed ledger technology (DLT) across its range of funds that utilize foreign exchange forwards throughout 2022, following a successful pilot of using smart ...

Guillaume d'Assier de Boisredon, Global Head of FX & Rates at Banque Pictet & Cie SA , said, "We selected kACE Treasury because of their 30-year track record in delivering high quality data ...

Such structures would, for instance, allow importers to lock in an FX payment due in six months at the dollar/rupee spot rate of 83.96 but the protection would be valid only until 85, Lodha said.

A simple forward contract would lock him into a one-year rate of 84.60. He likes the upside potential in a range-forward, alongside the safety of a hedge in case the rupee appreciates.

EMERGING MARKETS-Asian FX trades in tight range, Singapore dollar up on inflation data Credit: REUTERS/THOMAS WHITE May 23, 2023 — 03:15 am EDT Written by Jaskiran Singh for Reuters -> ...