FX market round-up: BoNY enhances website
Bank of New York has launched a new website offering “enhanced FX research and analysis capabilities, including detailed data on cross-border investment trends, daily FX commentary, in-depth examination of economic news and central bank decisions, as well as coverage of daily worldwide events that affect currency, equity and fixed income markets”.
BoNY is capitalizing on the information it gains from its huge global custody business and the site has an interactive Portfolio Flow Monitor (iPFM). This tracks more than $12 trillion in cross-border capital flows BoNY’s custody business handles every day and allows clients to chart two-way, cross-border capital flows, examine equity flows by sector, and review fixed income flows by time to maturity. Clients can also search an expanded historical database of daily, real-time capital flow data using custom beginning and ending dates. The new website is at https://gm.bankofny.com.