The EU’s top financial services official has ruled out any further extension of the January 3, 2018 deadline for markets to comply with a sweeping overhaul of trading rules.
The dollar edged higher, as markets awaited further news on the possible appointment of a hawk as Fed chair and progress on US tax reforms.
Sterling got only a temporary boost from data showing British wage growth edging above forecasts, rising briefly against the dollar before turning lower.
Market now largely deciding level of nation’s currency, says central bank official, after sustained campaign by authorities to prop up its value amid flow of funds overseas.
Geopolitics represents the single biggest threat to financial markets, warned Ben Bernanke, former chairman of the US Federal Reserve, at an event in Toronto.
Investors have remained confident in the face of potential difficulties.
New supervision rules on euro clearing proposed by the European Central Bank (ECB) will cost investors €20bn (£17.8bn), the chief executive of the London Stock Exchange has said.
The legal status of thousands of contracts may be thrown into doubt.
Just 42% of EU nationals plan to stay in UK, CFA survey shows.
Clearing and settlement, trade finance and syndicated loans are ripe for modernising.
The US Securities and Exchange Commission is preparing to give Wall Street a reprieve by telling financial firms they won’t have to overhaul their operations to comply with sweeping new European rules governing investment research, said three people familiar with the matter.
US President Donald Trump will meet with Federal Reserve Chair Janet Yellen as part of his search for a new candidate for her position, a source familiar with the planned meeting said.
An educational tool on cryptocurrencies has been published by the Commodity Futures Trading Commission’s LabCFTC arm.
Entrepreneurs do not often welcome regulation. For Japanese cryptocurrency start-ups, however, a framework put in place by the country’s financial authorities has been a boon.
Paul Reidy has been appointed as COO of HotspotFX. Prior to this, he had been working for the platform as head of FX technology.
Singapore Exchange (SGX) has expanded its US presence, opening SGX America in Chicago.
Digital Asset announced that it has raised over $40 million of Series B financing from existing and new investors, led by Jefferson River Capital.
BBVA and BBVA Bancomer are piloting an FX matching application developed by Calypso Technology and R3.
New patent filings from Chicago Mercantile Exchange (CME) highlight how the firm might use blockchain to store and execute financial transactions.
Breakdown in talks on free-trade agreement seen to put more pressure on currency.
Asian currencies were subdued as investors waited for any clues on the outlook for China’s foreign exchange policy from a key Communist Party Congress.
Central European currencies extended their gains ahead of a batch of Polish economic figures due later and which are expected to show continued robust economic growth in the region.