China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

June 2010

Foreign exchange: Volatility spike blocked at the back end

by Trevor Carr

Platforms struggle to process trades; Aggregation services claim a victory


"By working with banks to aggregate tickets before they hit the back office, NetLink helped banks handle a very significant number of tickets"

Gil Mandelzis, Traiana

Most foreign exchange players will have welcomed the return of volatility during May that led to a surge in platform volumes, but there have been rumours that several banks struggled to cope – and not just at the front end.

Obviously, the fact that prices are frequently gapping does cause some tension, but most leading e-commerce providers seem to recognize that being in the business...


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