Join members of the Foreign Exchange Professionals Association (FXPA) today for a webinar on the “FX Global Code: One Year Anniversary – Where are We?” at 10am (Eastern US)/3pm (UK)/10pm (Singapore).
The euro bounced higher but remained stuck near 10-month lows against the dollar as concerns about a deepening political crisis in Italy kept a lid on any rebound.
Markets have been spooked by the risk of Italy leaving the eurozone.
Sterling recovered from the previous day’s six-month low, as currencies stabilised after Italy’s political crisis sent shockwaves through global financial markets this week.
Rise of China adds ballast to emerging markets asset class.
The Global Foreign Exchange Committee (GFXC) has launched a Global Index of Public Registers to serve as a central reference point for demonstrated commitment to the FX Global Code.
A former Barclays Plc manager was delighted when a junior trader “lost a lot of money” in her first market bet.
Credit Suisse is closing in on an agreement to settle a $1.2 billion derivatives demand against bankrupt Lehman Brothers Holdings Inc., reducing the claim to $385 million, according to a person with knowledge of the matter.
Hedge funds globally have allocated at least $59 billion to responsible investment (RI), according to a survey by the Alternative Investment Management Association (AIMA) and the Cayman Alternative Investment Summit (CAIS).
Adrian Lee, president and CIO at Adrian Lee & Partners, explains why combining currency hedging with alpha generating strategies can benefit investors.
Voted for by the Profit & Loss readership, the winners of the 2018 “FoXys” Reader’s Choice Awards were announced at the Forex Network New York conference held on May 25th.
Europe’s leading financial regulator has said it will review the vast set of trading and investment rules that came into force this year if Brexit negotiations fail, sparking fears among financiers and politicians of painful market upheaval.
Policymakers want more focus on non-default loss resources; Eurex Clearing’s Mueller flags investment risk.
Swaps users should embrace backward-looking risk-free rates instead, says chair of UK working group.
Deutsche Börse has further built out its OTC FX business with the announcement that its 360T unit has agreed to acquire the GTX ECN business from Gain Capital for $100 million – the deal is expected to close in the second quarter of 2018.
Raymond Mok has been hired as head of FX at Straits Financial.
IHS Markit’s MarkitSERV has expanded its global network of derivatives clearinghouses by connecting to Asigna, the clearinghouse for Mexican listed and standardised derivatives.
Plan to aggressively target ICOs that are set up to rip off naive investors.
A start-up company based in the Cayman Islands is on track to raise more than $4 billion through a yearlong sale of digital tokens – the largest fundraising of its kind.
Millennials who made money trading digital assets in their spare time are breaking away from top firms.
Xapo, a startup that is said to hold $10 billion of Bitcoin for clients, is boosting its operations in Gibraltar, as the British territory rolls out the red carpet for cryptocurrency firms.
President Erdogan’s economic pronouncements have spooked international investors.
Economists had forecast Wednesday’s increase on the back of new governor Perry Warjiyo’s pledge to stabilise the exchange rate.
Stronger dollar is a significant headwind, Oanda’s Innes says.