Shaving Milliseconds Off Currency Trades Could Make Singapore Billions

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Shaving Milliseconds Off Currency Trades Could Make Singapore Billions – Bloomberg

Singapore is grabbing an opportunity measured in milliseconds to win a bigger slice of the world’s $5.1 trillion-a-day foreign exchange market. The Southeast Asian nation is encouraging major FX players to build systems in the country that would remove the sub-second delay caused by routing trades via Tokyo or London. 

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FCA Chief Eyes ‘Lower Burden’ Regulation After Brexit

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FCA Chief Eyes ‘Lower Burden’ Regulation After Brexit – Financial Times

Britain would favour a “lower burden” approach to financial regulation after leaving the EU, the head of the UK’s market watchdog has said as the regulator looks to reshape the rule book for financial services.

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