FxWirePro: Is Theresa May’s departure a boon or a boom? Sterling still looks vulnerable in OTC markets as Brexit dust remains unsettled

Jun 10, 2019 10:26 am UTC| Research & Analysis

PM Theresa May stepped down as party leader on Friday. She will remain in office until her successor will be appointed (probably at the end of July) but her time is over and the first round of power struggle has started,...

Trend of Tokenization Series: Is Swiss National Bank Contemplating ‘Franc Token’?

Jun 10, 2019 05:59 am UTC| Research & Analysis Digital Currency Insights & Views

The trend of tokenization across the globe and across all the industries is striking a chord day-by-day, weve seen tokenization for investment classes both in equities and bond segments in the recent past. Before...

FxWirePro: Deploy USD/BRL call spreads on momentary upside traction Brazilian lira

Jun 07, 2019 12:57 pm UTC| Research & Analysis

In this write-up, we emphasize on maintaining OW (over-weight) and positioned in 3m 1x2 BRL calls 3.95/3.80. Cheap valuations and favorable positioning suggest BRL upside. We refer to JP Morgans short-term valuation...

FxWirePro: Snippets and road ahead of VXY and EMFX vols in H2’2019

Jun 07, 2019 12:22 pm UTC| Research & Analysis

The last month has seen plenty of volatility with EM FX continuing to trend weaker, with some more significant volatility in Argentina and Turkey. This weakness has been the result of factors that echo 2Q18s themes, namely...

Regulatory Series on Cryptocurrencies: After Kik charges, LongFin also falls under meticulous scrutiny of SEC

Jun 07, 2019 10:46 am UTC| Research & Analysis Digital Currency Insights & Views

The US Securities and Exchange Commission (SEC) and its staff have spent a significant amount of time focusing on the blockchain and crypto-assets with a slightly reluctant mode and that is a trend lingering...

FxWirePro: What do USD/JPY IVs and RVs imply option traders? Fundamental drivers, OTC update and options strategy

Jun 07, 2019 10:09 am UTC| Research & Analysis Central Banks

USDJPY OTC update and options strategy as follows: Please be noted that the positively skewed IVs of 2m tenors are signifying the hedging interests for the bearish risks. We see bids for OTM strikes up to 106.00 levels....

Glimpse at Recent Trends and Prospects of Stable-Coins

Jun 07, 2019 07:58 am UTC| Research & Analysis Digital Currency Insights & Views

The stable coins, at the beginning phase, have profoundly been a product that was swiftly designed and developed to answer the demand for digital asset trading, as well as to solve the controversies surrounding fiat...