Former HSBC FX chief dealer Mark Johnson has won his bail application in the US Appeals Court and will been released subject to terms laid down by the District Court.
The dollar hit a 11-month high against a basket of its rivals as an escalating trade conflict kept investors from buying higher-yielding currencies and markets braced for growing volatility.
Sterling slid to a fresh seven-month low against the dollar as concerns over the latest round of Brexit negotiations sapped demand for the British currency before a central bank meeting on Thursday.
Euro falls 0.8 per cent against the dollar following ECB chief’s Sintra speech.
Asia’s emerging-market currencies may be the biggest casualties of dollar strength this year, Macquarie Bank says.
Banks and insurers do not now have time to rewrite all of the £26 trillion of derivatives and 36 million insurance policies that may be disrupted by Brexit, a report warns.
Rule changes have the intended effect, but Brexit planning and dud data overshadow the success of the updated market regulations.
The European Central Bank edged closer to gaining power over financial clearing, a lucrative business dominated by London and a flash point in the Brexit negotiations.
New accounting rules and supervisor demands squeeze teams prepping for 2018’s exercise.
The Securities and Futures Commission proposed refining Hong Kong’s OTC regime in December 2017.
Concern mounts over exploitation of nascent technology for money-laundering.
Nasdaq, EuroCCP, Euroclear and ABN AMRO Clearing use blockchain for collateral processes in ‘breakthrough for CCP model’.
- Crypto’s Wild West Traders Get Some Pointers from Financial Pros – Bloomberg
- Thomson Reuters Expands Crypto Sentiment Data – Waters Technology (subscription)
One of the world’s most prominent promoters of initial coin offerings is calling it quits.
The digital-currency market has had a tumultuous year, and crypto hedge funds are feeling the pain.
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was hacked, renewing concerns about the safety of digital-asset trading venues.
Data from CLS Group reinforces the message from the FX dealing platforms that May was a busy month in spot FX markets.
Northern Trust is partnering with Lumint Corporation, a provider of currency management services, to enhance its suite of FX solutions for asset managers and asset owners globally.
With 700-plus approved counterparties and significant in-house flows from its ETP business, Flow Traders prepares to realise its FX ambitions.
The Trump administration’s threat to slap tariffs on another $200 billion in Chinese goods has reignited fears that Beijing will turn to a powerful but risky weapon: a depreciation of its currency.
Not all funds willing to buy the dip as 100-year bond trades well below 80 cents.
Australia’s dollar is at risk of sliding to 70 US cents this year as China’s economy slows and the Federal Reserve keeps raising US interest rates, according to BlackRock.