The Global Foreign Exchange Committee (GFXC) has published an updated FX Global Code incorporating revised guidance on trading in the last look window, known as Principle 17.
The Global Foreign Exchange Committee (GFXC) has issued a paper on the results of a survey it conducted with the intention of measuring the baseline level of awareness and adoption of the FX Global Code by market participants.
The dollar was supported by expectations of a US tax overhaul while a sharp rise in German bond yields helped to underpin the euro.
Sterling edged up against the dollar and euro in a quiet day of trading, with investors cautious about taking on large new positions on the currency ahead of the Christmas holiday and phase two of the Brexit talks next year.
Sweden’s crown rose half a percent, falling back from an initial surge after the Riksbank signalled as before that it expected to hike rates in 2018 but maintained its tightening of its ultra-loose monetary policy would be gradual.
People are currently paying $28 on average to make transactions using the digital currency, according to data by BitInfoCharts.
- Which Digital Currency Will Be the Next Bitcoin? – Wall Street Journal (subscription)
- Multi-Stage Cyber Attacks Net North Korea Millions in Virtual Currencies: Researchers – Reuters
A former Barclays trader who was jailed last year for rigging the Libor rate has been ordered to pay back nearly £300,000 in profits and legal costs linked to the crime.
Asia is top pick among regions for both currencies and stocks.
According to GMO’s Jeremy Grantham, there’s nothing like the fear of death to stop an investment manager from becoming too complacent in an era of overall investment mediocrity.
The European Central Bank should take charge of regulating big investment banks in the eurozone, according to a proposal to be presented by the European Commission, the latest move to stop individual European countries from luring Brexit-hit banks with the promise of looser rules.
The biggest US banks all got passing grades from regulators in the latest round of their so-called living wills, showing Wall Street’s increased comfort with a once dreaded test that shows how lenders can be safely taken down after a collapse.
How exactly is the UK watchdog going to regulate this vast new data set with only a 1% budget rise?
Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative bubble, with Singapore’s central bank urging “extreme caution” about buying cryptocurrencies.
A cryptocurrency exchange in South Korea collapsed after it suffered a second cyberattack in eight months and lost a large amount of its digital-currency reserves.
FlexTrade has announced the hire of Manuela Bauer as the firm’s new director, multi-asset sales.
Bank of America will make markets in bonds, currencies, derivatives, equities and exchange-traded funds through a new type of trading venue being ushered in by Europe’s MiFID II overhaul of financial regulations.
Bitcoin fell more than 10 percent to a one-week low of $15,800 at cryptocurrency exchange Bitstamp, losing almost one-fifth of its value from a peak hit just three days ago.
The South African rand’s surge lasted only as long as it took Cyril Ramaphosa to get himself to the top of the nation’s ruling party.