Traders new to the forex market might confuse the terms FX swap and cross-currency swap since both include a reference to currencies and a swap. These two over-the-counter products from the ...

Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the $8.1 ...

When investors compare the yields of different bonds to take stock of the market’s perception of credit risk they tend to look only at bonds issued in the same currency.

To the extent there is a lesson, it is this: once you hedge out currency risk, each currency operates as its own separated ...

LCH SwapAgent has said that €4.5 billion in notional of trades were compressed via TriOptima’s triReduce service. Post-trade derivatives services provider TriOptima has compressed the first batch of ...

The recent increase in financial markets volatility, driven by an expectation of continued rate hikes along with an unprecedented choice of financial markets instruments, makes hedging any corporation ...

There has been a 27% year-on-year increase in cross currency swaps submitted to CLSSettlement as of Q2 2022. Settled values of cross currency swaps have seen continued growth with CLS reporting a 27% ...

LONDON & NEW YORK--(BUSINESS WIRE)--Markit (Nasdaq:MRKT), a leading global provider of financial information services, and CLS Group (CLS), a leading provider of risk mitigation and operational ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. There are now eight settlement members live on the service, including ...