The Full FX WordSearch
March 16, 2026
It’s back! After receiving some excellent feedback (including a little less-than-constructive criticism) the word search is back, new and Improved(?).… Read More »
Channels provides in-depth analysis on the latest developments in to the FX and crypto industry. It will carry features on market structure and trends in trading as well as contributed articles from leading industry players on the big issues.
It’s back! After receiving some excellent feedback (including a little less-than-constructive criticism) the word search is back, new and Improved(?).… Read More »
JP Morgan’s CEO Jamie Dimon was a vocal FUDster* for several years before embracing blockchain technology in the form of… Read More »
It was inevitable, I suppose, but put an idiot in charge of something, then something will go wrong at some… Read More »
In the second article for The Full FX, Jamie Rose discusses potential solutions to the challenges highlighted in last’s week’s… Read More »
After one for the younger echelon, we are back to neutral with the latest FX WordSearch from The Full FX.… Read More »
In the first of two articles for The Full FX, Jamie Rose argues that FX market participants need to think… Read More »
Semi-annual data from six of the seven local FX committees indicates that FX turnover fell off in October, compared to… Read More »
Given accusations (actually it was one) that the WordSearch is biased to ahem, the more “mature” generation, this week we… Read More »
Not least because of “Liberation Day” inspired volatility, FX venues that publish data largely had a banner year in 2025,… Read More »
The evolution of electronic FX options trading has not followed a steady path, but signs have emerged over the past… Read More »
Yes, I did forget to do this last week, but that gave you an extra seven days to solve the… Read More »
It’s the last issue of the newsletter for 2025, so rather than the usual four words to find, we have… Read More »
If there has been one ever-present driver of volatility in FX markets over the past year it has been the… Read More »
In an AI world that is now awash with synthetic text and hidden biases, work slop and automation bias are… Read More »
Here’s the latest FX WordSearch from The Full FX. Again, there are four words or phrases (four letters minimum) relating… Read More »
Yes, in case you’re wondering, I am an idiot and forgot to change the rest of the grid last week… Read More »
Monogamy is costly, at least when it comes to FX derivatives markets – that is the conclusion of a working… Read More »
Here’s the latest FX WordSearch from The Full FX. Following last week’s trip down memory lane, we’re back to ‘usual’… Read More »
Capitolis launched its Novations platform seven years ago – the only novations solution on the market – and has since… Read More »
It’s another one for the teenagers this week, as always there are four words to find relating to FX, but… Read More »
Here’s the latest FX WordSearch from The Full FX. Again, there are four words or phrases (four letters minimum) relating… Read More »
Apologies for the absence of a WordSearch last week, a combination of jetlag and incompetence on my part meant it… Read More »
This week’s WordSearch is one for the teenagers, because it is all about old broker sayings. As usual, there are… Read More »
Market impact metrics were back closer to the average for 2025 at the September quarter-end, with currencies behaving largely as… Read More »
The data may be preliminary and there is much more detail to come, but here are 10 themes or data… Read More »
Here’s the week three FX WordSearch from The Full FX. Again, there are four words (four letters minimum) relating in… Read More »
The Bank for International Settlements has released the 2025 Triennial Survey of FX Turnover, revealing that average daily volume in… Read More »
With thanks for the feedback on last week’s effort (answer below) – especially those who delighted in pointing out a… Read More »
In a Markets setting, tensions often run high. The pace, constant flow of information, and pressure to perform often magnify… Read More »
GFMA’s Global FX Division (GFXD) has published its second paper on FX settlement risk, this one focusing on processes and… Read More »
An ingenium Case Study. Raiffeisen Bank International (RBI) significantly improves internalization & inventory management by using ingenium’s advanced eFX Trading… Read More »
Market impact rose from recent months at the London 4pm August month-end Fix, with savings from using the longer 20-minute… Read More »
A new white paper from Reactive Markets calls for greater transparency in trading technology, arguing that while principal market participants… Read More »
There comes a point in many Markets careers where the chase slows down. You’ve hit the targets, banked the bonuses… Read More »
“Pre-hedging”, or “hedging ahead of the Fix” as it is referred to around the major FX benchmark fixes, remains a… Read More »
It was another subdued month-end Fix in terms of market impact in July, albeit one still offering potential savings of… Read More »
The latest semi-annual FX turnover surveys from five of the world’s local FX committees shows an expected volume surge in… Read More »
Ask nearly anyone working in financial markets how they’re doing, and the answer is some version of “not enough hours… Read More »
In keeping with what was generally a quieter month in markets, potential savings from using a longer month-end fixing mechanism… Read More »
Although markets settled somewhat in May, the heightened volatility, with the associated nervousness, means that market impact at the month-end… Read More »
The introduction of Non-Financial Report Requirements (NFRR) means that in many cases workplace culture is now categorised as yet another… Read More »
Execution costs from using a shorter fixing window rose at the end of what was a busy month in FX… Read More »
By Aled Basey, Head of HausFX & FX Execution Advisory, UK, Deutsche Bank What is it? FX-as-a-Service will mean different… Read More »
Market impact costs rose for the March month-end benchmark fix compared to recent results, although it was very much a… Read More »
Japan has always been an FX centre with a difference – mainly because it was less “international” than London and… Read More »
The arrest last week of a likely rival to Turkish president Erdogan prompted a sharp rally in USD/TRY, which hit… Read More »
A pattern is emerging in the month-end fixes with, for the third successive month, the average savings sitting above $300… Read More »
Although the January month-end Fix showed similar market impact to recent months, there might be some concerns that the world’s… Read More »
Once again, we’ve been trawling through the latest FX turnover reports from the UK, US, Singapore, Hong Kong, Japan, Australia… Read More »
The foreign exchange market has undergone significant changes over the past decade as regulatory mandates, technological advancements, and new entrants… Read More »
