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Veteran Fintech Attorney Takes Global General Counsel Spot

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Portfolio Media. Inc. | 111 West 19th Street, 5th floor | New York, NY 10011 | www.law360.com Phone: +1 646 783 7100 | Fax: +1 646 783 7161 | customerservice@law360.com Veteran Fintech Attorney Takes Global GC Spot At GPS Capital By Aaron West Law360 (July 3, 2023, 3:35 PM EDT) — Foreign exchange service firm […]

FX Markets Update: June 2023

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  Download PDF SUMMARY Global inflation remains stubbornly high. The Bank of England remains on course to deliver additional interest rate hikes. The European Central Bank is on track for two more rate hikes, in July and September. Euro-area core inflation remains one of the biggest issues for the ECB. The US paused at its […]

GPS Appoints Alice Abbott as Global General Counsel

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GPS Capital Markets hires Alice Abbott as Global General Counsel, enhancing legal and compliance capabilities.

Anticipated Surge of Cross Currency Movement

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Download PDF SUMMARY Throughout 2022, the major currencies became closely correlated as the US dominated market movements.  This was driven by the Fed’s tightening of monetary policy, with other countries following suit. We can see in the chart below, the USD strengthened against all major currencies and as a result there were limited movements in […]

GPS Capital Markets Partners with Huntsman Cancer Institute for SportsFest Fundraising Initiative

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 SALT LAKE CITY, June 6, 2023 (GLOBE NEWSWIRE) — GPS Capital Markets, LLC, a leading fintech firm offering corporate foreign exchange services, is proud to once again be a main sponsor of the Huntsman SportsFest.  The Huntsman Cancer Institute’s Huntsman SportsFest is a community-centered charity event with the goal of eradicating cancer. In 2017, Huntsman Cancer […]

50-Years of Black-Scholes: Nobel Victory, Options Revolution

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  C=S N(d1​) − Ke−rt N(d2​)   In the annals of financial history, few accolades hold as much prestige and recognition as the Nobel Prize.  Such is the case with the Black-Scholes options pricing model, which achieved the remarkable feat in 1997 thanks to the persistence of a select group of professionals who saw its […]

Inflation Unveiled: The Power of Interest Rates

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Why are central bank interest rates increasing? On May 11th, we saw the Bank of England increase its key interest rate to 4.5%, its highest rate in almost 15 years, just as the U.S. Federal Reserve and the European Central Bank also increased their interest rates the week before to 5.25% and 3.75% respectively. Inflation […]

Risk of USD/JPY Weakness Seen in the Options Markets

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SUMMARY The next Bank of Japan meeting is scheduled for 16 June which will be the second meeting with new governor Ueda in charge. There is a possibility that the Ueda will make changes to the BOJ yield curve controls. The market is starting to position for the risk of a downward move in USD […]