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Counterparty Radar: Fund filings reveal uncommon FX choices crosses – some by no means repeated, many with unclear methods
Over the 5 years of Counterparty Radar evaluation, we’ve usually tracked the largest buying and selling corporations, the most well-liked currencies and the biggest trades.
However buried within the knowledge are additionally a handful of one-off trades by US mutual funds and exchange-traded funds on very area of interest FX choices crosses that caught our eye and we thought had been price highlighting – if just for curiosity’s sake. Whereas they could not transfer markets, they provide a uncommon glimpse into unconventional methods and occasional threat performs.
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