Credit market infrastructure, despite the unprecedented wave of activity in trading, issuance and official sector intervention, held up remarkably well, all things considered. Bid-to-cover rations in...
The mere existence of historic government and central bank intervention in the markets suggests that liquidity was scarce and price discovery strained - to put it mildly. On the positive side, there...
Despite the deep integration of European financial markets, European corporate FX remains a country-based business, at least to some extent. In Germany, for example, three banks—Commerzbank,...
Although the players remain the same, Canadian foreign exchange today is a different, and increasingly, a two-innings game.
FX trading was one of the first businesses to go digital, with...
Who are the banks companies and financial institutions turn to in times of historic volatility?
In foreign exchange, a massive spike in volatility due to the COVID-19 crisis and a nearly...
Technology innovation over the past two decades has not only changed the way the markets work, but has had a meaningful impact on the careers of financial services professionals. Some, whose only...
The COVID-19 pandemic has disrupted nearly every aspect of daily life—including banking. That disruption poses massive risks for the millions of companies around the world that rely on their...