Derivs - FX

CME Group is adding offshore China yuan deliverable futures and expects to start trading sometime this year.

A financial transaction tax for securities and derivatives transactions would be unsuccessful and end up damaging the financial landscape, according to panellists at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken, last week.

Broker Marex Spectron is advising investors to buy three-week one touches on the U.S. dollar/ yen, playing the view that the Federal Reserve will announce further quantitative easing at its meeting this Thursday.

Another round of Federal Reserve quantitative easing could prove positive for the Australia dollar against the U.S. dollar, helping AUD regain recently lost ground. William Johnson, senior fx dealer at brokerage World First Foreign Exchange in Sydney, said AUD weakness and potential QE3 are fueling option interest from both AUD sellers and buyers.

Operational, compliance and implementation costs stemming from regulatory change are likely to be passed on to end-users, attendees heard at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken today.

Regulators came under fire this morning at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken.

The Chicago Board Options Exchange Futures Exchange is planning to extend its preopening session for VIX next year by offering VIX futures volatility trading for 24-hours per day.

The Belgian moratorium on selling complex structured products has hit competition and created an uneven playing field, according to panelists at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken this morning.

The roll-out of an offshore China renminbi market in Taiwan will only have real benefits for Taiwanese corporate and retail investors, as global investors already have access to the CNH market via Hong Kong, according to Eddie Wang, head of fx structuring, Asia fixed income markets at Crédit Agricole in Hong Kong.

Regulatory changes will usher in a marked shift toward simpler structured products, according to a panel at the Swiss Futures and Options Association's 33rd Bürgenstock meeting in Interlaken, this morning.

JPMorgan is advising investors to buy a two-month U.S. dollar/Swedish krona ratio call spread rather than continuing to sell euro/dollar ahead of the European Central Bank’s policy meeting this Thursday.

Investors are keeping tabs on the outcome of this Thursday’s European Central Bank’s policy meeting, which could see Mario Draghi, ECB president, spell out details of state intervention in the region’s troubled bond markets.