Unique OTC FX options service
OTC FX options have traditionally been dominated by primary-dealer banks and a small number of inter-dealer brokers. Electronic access to truly competitive pricing and independent pre-trade analytics has been limited, until now.
We offer a competitive and transparent OTC FX service with unique electronic option liquidity and independent pre-trade data and analytics. Clients can access our OTC FX liquidity and pricing through a range of solutions. With our first-to-market technology and banking relationships that extend over 40 years, we give our institutional and corporate clients a truly unique advantage.
- Multiple trading solutions
- Bespoke hedging and collateral solutions
- Independent data and pre-trade analytics
- Extensive range of currency pairs and strategies
- Lifecycle management
- Liquidity counterparty
The specialist OTC FX Options team uses our established banking relationships to augment our established infrastructure. The team offers a wide range of experience from both the buy and sell side, in not just OTC FX, but also listed derivatives at both banks and brokerage houses. They have built a truly innovative FX option service, using cutting-edge technology and our award-winning liquidity, bringing a new and transparent custom-hedging experience to the market.
The Fund Services team is made up of seasoned market professionals with decades of expertise that will help you navigate and understand the array of products and services available.
We provide specialist access to over 20 exchanges covering listed financial, equity, commodity and FX futures and options, as well as access to cash fixed income and OTC FX. Offering both electronic (FIX) API and voice-execution solutions, we provide trade assistance and liquidity sourcing for an extensive range of markets through a single access point.
We have a strong history of dealing with a wide range of financial institutions, both as clients and as counterparties. This includes banks, proprietary trading firms, hedge funds, pension funds and asset managers. We can customise solutions for execution and clearing, sourcing liquidity, or providing prime brokerage services.
From the outset, we have evolved our solutions and services to meet a wide variety of the need of large corporations, taking care to fully understand their aims and objectives. Our long-term corporate clients take comfort from our capabilities, financial strength and stability, together with the support of the Sucden Group.
Our FX Options Report contains commentary and analysis covering OTC currency option pricing, volatility and positioning. USDBRL has been subject to fluctuation in recent months, given the uncertainty surrounding the monetary policy outlook from both the BCB and the Fed. With Brazil set to continue on its dovish path and the US’ peak rates being priced in, what is the outlook for USDBRL in the near term?
Monthly commentary covering the FX markets, providing insights on recent developments on select currency pairs. The Japanese yen is near the three-decade low against the dollar, reigniting speculation over another round of interventions from the government. Last year, for the first time since 1998, authorities stepped in as the local currency was approaching the 150 level. With the yen now fluctuating just below this level, will there be another move from the BOJ to intervene and push the currency higher?
The global economy performed better than expected so far in 2023, but concerns about a cold winter, rising oil prices, high borrowing costs, and China's economic slowdown are looming large. Central banks are maintaining the narrative of higher-for-longer interest rates due to persistent higher prices, which has weighed on base and precious metals' performance. Despite pledges from Beijing to support the economy, current measures are not expected to have an immediate impact on the real estate sector, which means that there is unlikely to be a large-scale property development that would increase demand for stainless steel prices in the last quarter of the year. Nonetheless, the cumulative impacts of policy support and a dovish monetary policy in China should create a solid foundation for the economy to recover in 2024. Such a transition should push the sentiment from the oversold into neutral. News out of China and the US should bring stronger bounds of volatility in base metals’ performance in Q4 2023.
Read our short coffee crop update, with commentary on recent price activity, and coffee market forecasts to take advantage of market movements. Since our last report in March 2023, coffee prices have remained broadly unchanged, above 170cts/lb, but the story remains centred around Brazil. Certified stocks have seen a considerable decline, further drawing down on available inventory from the region. While this should have been supportive of higher prices, futures have remained broadly unchanged. As we head into the harvesting period for Arabica, we begin to assess the outlook for the 23/24 crop in this report.