Subject: Forex looks to flip the (stable)coin

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TOP STORY

Friction-free foreign exchange is the prize offered by stablecoins such as Tether and USDC. But the prize remains elusive

12 Feb 2026 | Feature

Markets

Esma to issue guidance on active account reporting

Briefing and Q&A aims to clarify how firms should report data ahead of RTS adoption

12 Feb 2026 | News

Markets

Market warns BoE against blanket mandatory gilt repo clearing

Official says proposals receiving push-back on one-size-fits-all approach and limited netting benefits

12 Feb 2026 | News

Investing

Ram AI’s quest to build an agentic multi-strategy hedge fund

The Swiss fund already runs an artificial intelligence model factory and a team of agentic credit analysts

12 Feb 2026 | Profile

Risk Quantum

CaixaBank lifts structural deposit hedges to two-year high

Receiver swap notional climbs to €68bn as bank guards NII

12 Feb 2026 | Data

Markets

Banks eye cost cuts ahead of RateStream Treasuries push

FX SpotStream’s move into rates seen as both fee-saver and potential boost to streaming execution

11 Feb 2026 | News

SPONSORED

Bringing trading-desk data into derivatives pricing models

As market volatility and regulation reshape derivatives valuation, J.P. Morgan’s PricingDirect team introduces a trading-desk-informed autocallable model bringing new transparency to structured-product pricing. Discover how data-driven methods are transforming risk management and model validation across complex markets.

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Comment

Op risk data: Kaiser will helm half-billion-dollar payout for faking illness

Also: Loan collusion clobbers South Korean banks; AML fails at Saxo Bank and Santander. Data by ORX News

12 Feb 2026 | Opinion

Markets

Real money investors cash in as dispersion nears record levels

Implied spreads were elevated to start 2026. Realised levels have been “almost unprecedented”

11 Feb 2026 | News

Risk Quantum

DFAST 2026 softens again, but SCB freeze blocks capital gains

Banks to miss out on any capital relief from gentler scenario

11 Feb 2026 | Data

Markets

JP Morgan gives corporates an FX blockchain boost

Kinexys digital platform speeds cross-currency, cross-entity client payments

10 Feb 2026 | Profile

RISK JOURNALS

Demand deposit balance prediction models under the interest rate risk in the banking book guidelines: an empirical analysis integrating time-series models and machine learning predictions in Mexican banks

The authors analyze the interest rate risk in the banking book regulations, arguing that financial institutions must develop robust models for forecasting demand deposit balances while adhering to regulatory guidelines.

The digital sentinel: artificial intelligence and the mitigation of corporate litigation risk

The authors investigates relationships between strategic AI adoption and corporate litigation risk, finding that increased strategic adoption leads to a net reduction in this form of risk.