Skip to main content
RSS Feed

Latest FX News

Events

Forex Network Chicago takes place this Wednesday and Thursday at the Mid-America Club and spaces are running out with over 410 attendees already signed up. The conference gets under way at 9.00AM on Wednesday (registration is open at 8.30AM) with a ...
Fifteen of the biggest derivatives dealers have committed to route nearly all interest rate and credit derivatives transactions through clearinghouses by the end of the year in a step towards reducing risk in over-the-counter markets. In a letter to the ...

13:00 September 14th 2009 in News, Events

"Wocu", a New World Currency Launches

Last Thursday a trade conducted in Wocu (World Currency Unit), a newly-introduced world currency, was executed and settled between WDX Organisationand the Bordeaux Wine Exchange (bWineX). The Wocu, developed by London-based WDX Organisation, is a derived world currency unit that ...
It is less than a month until Forex Network at the Mid-America Club in Chicago and the list of speakers continues to grow. A busy two days of debate on key industry issues as well as the opportunity to network ...
The Commodity Futures Trading Commission (CFTC) is seeking public comment on a proposal to create a separate account class for OTC derivatives. The new class would include derivatives that a futures commission merchant carries for a customer and submits for ...
The Obama Administration last Tuesday formally sent Congress its proposal seeking to impose new oversight on over-the-counter derivatives by forcing many of the products to trade on regulated exchanges or electronic venues. The draft legislation, which is designed to bring ...

13:00 August 10th 2009 in News, Events

Thomson Reuters 2Q Profit Rises

Thomson Reuters says profit rose by 11% in the second quarter despite a 9% decline in transaction revenues in its markets division caused partly by lower foreign exchange volumes. The jump in profit was fuelled by cost controls and savings from the ...
Socit Gnrale says it firmly denies claims made by Sembcorp Marine Ltd's subsidiary, which is seeking $198.9 million from the bank. Sembcorp Marine said last Monday that its subsidiary, Jurong Shipyard Pte Ltd, has started an action in the High Court ...
The Federal Reserve Bank of New York is increasing its interaction with the financial markets through the establishment of an Investor Advisory Committee on Financial Markets (IACFM). The Fed says the committee will serve as a forum for informal discussions ...
Standard Chartered Bank (Hong Kong) says it has completed the first cross-border trade settlement transaction in renminbi (RMB), following the official signing of the pilot program with Bank of China (Shanghai). One payment of RMB from Standard Chartered (Hong Kong) ...