Strong competition for flow eroded margins for macro trading businesses in 2024, presenting a challenge for rates traders after a bumper few years. For leveraging its diverse franchise to maintain its ...

The Hull-White model is a key tool in pricing interest rate derivatives. It assumes normally distributed short rates with ...

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE’s interest rate derivatives markets hit record open interest (OI) of 42.3 million ...

Lynn Strongin Dodds assesses the ISDA report on the impact the US, EU and UK’s changing monetary policies had on the IRD landscape. It has been a busy time for interest rate derivative (IRD) traders ...

The 2025 Triennial Central Bank Survey of foreign exchange and over-the-counter interest rate derivatives markets activity reveals that trading in FX markets reached $9.6 trillion per day in April of ...

Chile's pension funds have notional positions in interest-rate derivatives of more than $500 billion, a 100-fold increase from three years ago. Regulators have proposed restricting the use of ...

For those banks left standing in the rates business following the financial crisis, 2009 was a record year for revenues, driven by wide margins and a resurgent corporate bond market, which few thought ...