Currency options
Pricing options on trend-stationary currencies: applications to the Chinese yuan
This paper derives a closed-form version of a model with a trend-stationary, stochastic volatility exchange rate, using both a linear and quadratic trend.
Lenovo turns to dim sum market to reduce forex hedging costs
Rising cost of CNY forwards and tighter regulation encourage renminbi funding
Australia corporates revisit FX hedging after dollar slide
Currency risk management is now a major focus for Aussie firms
Swiss franc losses blamed on liquidity gap
Options portfolios were impossible to delta-hedge, traders say
Currency derivatives house of the year: BNP Paribas
Risk Awards 2015: French bank thrives on emerging markets and exotic risk
Risk solutions house of the year: Societe Generale
Risk Awards 2015: Bank arranged record margin loan in 30 days
Consultants fear mis-selling as forex brokers discover new options
Range accrual and Tarf variants too complex for UK SMEs, critics say
Options cutting costs for some cross-currency swaps
Dealers found a way to protect some cross-currency swaps from heavy new capital requirements last year, by adding foreign exchange options into the structure – but the powers of the technique are limited. Matt Cameron reports
Banks suspend dual-currency deposits in Japan
Returns on dual-currency and structured deposits will not be covered by state insurance scheme, Japanese FSA decides
Currency Derivatives House of the Year – UBS
Asia Risk Awards 2012 winner: UBS – Currency Derivatives House of the Year
Forex options traders count the cost of stressed VAR
Costing stressed VAR
Stressed VAR will hit forex options, dealers warn
Certain forex options and exotics penalised by Basel 2.5, including emerging market currencies and double no-touches
Forex structurers get it wrong
Forex's unreliable fortunes
Lower interest rates to 'significantly impact' emerging markets currency debt performance
Amid a surge in demand for exposure to emerging markets currency debt from private investors, HSBC Private Bank prefers building structured products around Asian assets to emerging Europe
Currency derivatives house of the year: Barclays Capital
Risk awards 2012
Political crisis in Europe brings volatility back to forex options
Volatility returned to eurodollar last week, as forex traders priced further downside risk into euro options
FX Week Asia: Options clearing on hold, prime brokers confirm
Forex clearing will be restricted to non-deliverable forwards as US authorities discuss whether settlement risk can be properly managed for cleared forex options, according to speakers at the FX Week Asia conference in Singapore
Structured Products Asia 2011: FX-linked products to grow in Hong Kong
Currency-linked structures likely to become more popular in Hong Kong with retail investors. But take-up of volatility products is still muted despite erratic markets due to concerns about complexity, panellists say
India’s CCIL set to become currency options trade repository
The Clearing Corporation of India is already well ahead of rivals in Asia when it comes to receiving OTC interest rate derivatives data. It now looks set to become the country’s trade repository for non-rupee currency derivatives, as the clearer moves to…
Options traders braced for further SNB intervention
Demand has switched from downside euro/Swiss franc options to upside options in anticipation of further Swiss franc weakening measures from SNB, say senior options traders
Spot USD/CNH fixing in HK poised to become derivatives benchmark
Hong Kong interbank participants have created the first US dollar to offshore renminbi price fixing giving the city first-mover advantage in becoming an offshore centre for renminbi products such as derivatives, say market participants