Dealers are looking for ways to cut the costs that have been piled on to the cross-currency swap market and, last year, they found one – sort of. The new structure replaces the big, credit-risky ...

Currency risk is the financial risk that arises from potential changes in the exchange rate of one currency in relation to another. And it’s not just those trading in the foreign exchange markets that ...

A touch of the surreal has descended upon the market for foreign exchange swaps in recent weeks, as participants ponder whether the instrument ever truly existed. This existential angst stems from the ...

SHANGHAI/SINGAPORE (Reuters) - Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in the U.S ...

We’ll send you a myFT Daily Digest email rounding up the latest US news every morning. Currency basis swaps are all the rage again. SocGen has even referred to the basis swap market as a key means for ...

The swaps were cleared through HKEX’s OTC Clear service; the firm said the expansion bolsters its position in the post-trade optimisation sphere in Asia. OSTTRA has moved to expand its compression ...

LONDON (Reuters) - As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing. Banks and other short-term dollar borrowers are becoming ever ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rapid growth in the volume of foreign exchange swaps handled in London over the past three years has been ...

Syria will start swapping old banknotes for new ones under a ​plan to replace Assad-era notes starting from January 1, 2026, ...