Negative currency impacts on corporates jumped 31% in Q1
A Kyriba report has revealed the FX impact from the start of the COVID-19 crisis on North American and European corporate earnings.
FX Settlement
Background
A corporate FX transaction involves a bank, on behalf of their corporate client, paying for the currency it sold at an agreed rate to another bank and receiving a different currency in return for the…
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Managing FX spreads tops treasurers’ pandemic challenges
FX spreads were almost twice as challenging to manage as liquidity, according to a Refinitiv survey.
Deutsche Bank collaborates with BNY Mellon on custody FX for restricted EM currencies
The FX digital innovation in Asia Pacific follows hot on the heels of Deutsche's data partnership with Google.
Deutsche Bank and Olam close Asia’s first FX forward using ESG targets
The global agri-business also recently secured a sustainability-linked loan.
Few corporates pursue sophisticated currency risk hedging strategies
A Greenwich Associates survey indicates that corporates have a hard time identifying best practices in FX risk management.
Singapore continues to ramp up corporate FX capabilities
Deutsche Bank becomes the latest bank to launch an FX trading hub in the country.
CapellaFX: the system that fully integrates end-to-end FX Risk Management Workflow
Hedge Trackers demonstrate how have added FX data aggregation to provide a comprehensive, fully end-to-end FX Risk Management Workflow
Industry roundup: 11 May
News in brief covering supply chain finance, digital payments, invoice payments and more.
Industry roundup: 29 April
Today's headlines include FX losses, AI use in AP, account reconciliation on blockchain, and more.
FX volatility increasingly needs managing constantly
How effective is your hedging programme? and do you do 1-t-1 hedging?
Industry roundup: 23 April
News in brief including CLS, PayFit, SAP, and more.
Industry roundup: 17 April
News in brief featuring a ranking of the best FX banks, Facebook's Libra applying for a payments licence, and Danone selecting C2FO.
Industry roundup: 16 April
News in brief featuring DBS, Currencycloud, Fairfax, Deloitte, KyckGlobal, and more.
J.P. Morgan establishes electronic FX trading and pricing engine in Singapore
This is the fourth such engine launched by the bank, following New York, London and Tokyo.
Algos in FX: slow start, massive potential
A Greenwich Associates report explores the evolution of algorithmic trading.
Bank of China and Refinitiv launch foreign exchange price prediction app
DeepFX uses AI to predict short term price movements in FX pairs for market participants and is available to global users of Eikon.
Integral partners with Western Union to provide FX technology solutions
The cloud-based BankFX platform offers control over more than 10,000 currency pairs.
Sumitomo Electric Industries to access CLSSettlement as a third-party participant
It becomes the first Japanese manufacturing company to settle currency trades via CLSSettlement as a third-party.
Deutsche Bank invests to support Vietnam cross-border trade
The bank is responding to higher demand for Vietnam dong on FX platforms.
Deutsche Bank invests in Sri Lanka
The bank is targeting corporate clients with a new digital FX platform.
More banks join CLSNet
BNP Paribas, Citibank and J.P. Morgan among those signing up to the post-trade processing platform.
SMBC selects Kx for e-FX infrastructure
The multi-year agreement will provide the bank with a variety of capabilities, including algo trading and risk management tools.
Standard Chartered’s first use of FX e-trading engine demonstrates latency reduction
The inaugural trade, executed with the bank’s counterparty United Overseas Bank, saw a latency reduction of 80%.
US corporates rack up FX losses of US$11bn in three months
A Kyriba report identifies prolonged currency volatility as a factor in the Q3 2019 losses.