FXPA Elections for First Permanent Board Set for 10 Feb
The Foreign Exchange Professionals Association (FXPA) will hold elections for its first permanent Board of Directors and Officers on Feb 10. FXPA, which launched Sept 25, 2014, now has 18 members representing the diversity of participants in the institutional FX market. To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.wpengine.com, become an institutional member, and sign up for our newsletter, FXPA globalFXsource.
ESMA Scraps Mandatory Clearing of NDFs for Now – Profit & Loss (free story)
The European Securities and Markets Authority (ESMA) will not immediately be proposing a clearing mandate for non-deliverable forwards (NDFs), following responses it received after issuing a consultation paper on a potential clearing obligation for NDF products in October 2014.