Recent years in FX have been nothing if not
challenging, and the future isn’t going to be plain sailing either. That’s if
you take the word of James Kemp, managing director of the global FX division at
While the UK’s national newspapers suggest that the peoples
of both Britain and continental Europe are having a hard time making up their
minds about Brexit, there was no evidence of any such ambivalence at
yesterday’s Bloomberg FX16 ...
London’s position as
the world’s main currency trading centre would be threatened by a British exit
from the European Union, with Frankfurt, Paris, New York and Dublin likely to
be the main beneficiaries, according to a survey of ...
Foreign Exchange Professionals Association (FXPA) has submitted comments to
the Securities and Exchange Commission (SEC) on its proposed rules governing
the “Use of Derivatives by Registered Investment Companies and Business
Development Companies”, calling for an exemption for FX swaps ...
The People’s Bank of China has drafted
rules to impose a financial transaction tax on FX trades, according to a report
by Bloomberg News.
According to Bloomberg, citing sources with
knowledge of the matter, the intent is to help ...
Tom Hayes, the former Citi and UBS interest
rates trader who is serving an 11-year prison sentence over his role in the
Libor scandal, has lost his claim to have an appeal heard by the UK’s Supreme
A Bank for International Settlements paper
studying the electronification of fixed income markets delivers policy
challenges and conclusions that will be familiar to e-trading observers in
other markets, including the suggestion that electronic trading and market
making has changed the ...
Data from Swift’s
latest RMB tracker shows that Malaysia’s use of the renminbi for payments with
China and Hong Kong has increased by 68% over the past 12 months.
Over a three-year
period this growth rises to 214%, and during this ...
& Loss, in association with Thomson Reuters, is
releasing a survey aimed at identifying the mood in the FX industry.
Following the publication of the Good Health in FX supplement last year,
the survey – Taking the Temperature of
the Foreign ...
Swaps and Derivatives Association (ISDA) has published a set of principles for
achieving comparability determinations between US and European Union trading
The paper analyses the
regulatory frameworks in the US and EU, with the aim of determining ...