All things FX (foreign exchange) & Derivatives
Major moves announced within the cannabis industry during the holiday-shortened trading week Welcome back to our weekly series, Schaeffer’s Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks last week and look ahead at the pot stocks to watch
DraftKings became a public company as the product of a $3.3 billion merger with Diamond Eagle Acquisition A little over a month ago, we unpacked the technical tenacity of online sports betting company DraftKings Inc (NASDAQ:DKNG), a key cog in the gambling machine. Despite the
We have Export Sales and that will be pretty much all the reports we have today. We will be having scattered closings with the Thanksgiving holiday behind us or in front of us depending how much you were thankful and ate. On the Corn Front
It was another Thanksgiving Day Turkey shoot, and markets moved on light volume and also inspired movement. While oil sold off, it was bitcoin that seemed to take the biggest hit. Bitcoin had an 11% correction after its near historic run, making the oil correction
US banking regulators have been asked to clarify whether certain client cleared trades can be included in netting sets under the standardised approach to counterparty credit risk (SA-CCR). The answer could shift the calculus of banks that are currently weighing whether to adopt the regime early. The
Singapore’s central bank is aiming to provide funding of up to 25 billion yuan ($5.1 billion) to banks in the city-state in a bid to boost offshore yuan liquidity. The initiative, announced on November 23, will deepen renminbi liquidity and further strengthen banks’ ability to
ANZ found its conventional working practices upended by the Covid‑19 pandemic, but its access to global pools of liquidity in straitened times allowed its highly motivated personnel to act quickly in response to client demands
Users of deal contingent hedges may soon be able to link the derivatives to ethical targets, as banks consider launching trades with an environmental, social and governance (ESG) component. “We should be doing them,” says Christopher Wall, global head of foreign exchange structuring at Deutsche
In the quirky and fragmented markets of Asia-Pacific, the use of algorithms to execute foreign exchange trades has struggled to gain a foothold. But banks in the region have seen a rise in algo adoption from buy-side clients in recent months, as more companies get