HSBC Launches New FX Flow Analysis Tool
HSBC recently released fxflow@hsbc, a forex flow analysis tool for customers.
HSBC recently released fxflow@hsbc, a forex flow analysis tool for customers. The tool leverages HSBCs size and global presence, being based on detailed information derived from the FX flows transacted by HSBC world-wide.
fxflow@hsbc aggregates both spot and forward FX transactions executed through HSBCs primary dealing rooms. It is updated daily and allows users to view aggregated FX flows based on a variety of criteria including individual currencies, currency pairs, sectors and dates. Associated with this tool is a research and development project being conducted on behalf of HSBC by a research team at the Chinese University of Hong Kong. The project is investigating analysis and forecasting techniques such as data mining, pattern recognition and time series prediction.