The Bank of England has warned that a “disorderly” crash-out Brexit could cause more damage to the UK economy than the globalfinancial crisis.
Quantitative trading is on the march and machines are likely to handle a much greater share of dealing in assets in the years to come, diluting or replacing the role now played by human beings, according to Scott Kerson, head of systematic strategies at Gresham Investment Management.
The European Union’s three financial watchdogs have proposed a limited waiver from posting margins on uncleared derivatives transactions to minimize market disruption if Britain leaves the bloc next March without a deal.
- ESAs Propose to Amend Bilateral Margin Requirements to Assist Brexit Preparations for OTC Derivative Contracts – EU News
The cost of derivatives trading in Europe is set for a financially crippling 10-fold increase under new regulation.
FIA has published a series of recommendations to improve clearinghouse risk management following recent market developments. The paper is an update to a 2015 series of recommendations.
Regulators are increasingly penalizing individual bankers when investigating misconduct at their firms, according to senior lawyers at Citigroup and the Federal Reserve.
To ensure that rates in interlinked transactions are based on similar frameworks, there
FX industry veteran and Profit & Loss 2012 Hall of Fame inductee, David Ogg, reflects on how the rapidly evolving crypto markets resemble the FX markets of the past.
Ten financial services and technology firms leading developments in the digital asset and blockchain space have joined together to create the Association for Digital Asset Markets to establish a Code of Conduct for emerging digital asset markets.
The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter – and that was before the market fell out of bed this month.
Jeff Sprecher, chairman of the New York Stock Exchange and CEO of its parent company, Intercontinental Exchange, said that despite headlines of cryptocurrencies flopping, digital assets have a future in regulated markets.
Mainstream finance is experimenting with digital tokens despite bitcoin tumble.
The Commodity Futures Trading Commission’s LabCFTC has released, “A CFTC Primer on Smart Contracts”. The primer is part of LabCFTC’s effort to engage withinnovators and market participants on a range of fintech topics, and followson from a 2017 primer on virtual currencies.
Ian Daniels, executive director, head of e-FX distribution, EMEA, at Nomura, talks about algorithmic trading trends in the FX market.
The cash injection enables Integral to pursue platform expansion across a broader set of currency participants.
David Tait, the former global head of Credit Suisse’s macro trading business, is set to become chief executive of the World GoldCouncil early next year.
Germany’s largest lender is replacing senior executives in the US and is considering changing staff who tend its relationships with regulators. The moves come on the heels of strong cuts to the US operations andafter authorities in the country – and in Europe – expressed frustration withthe firm’s efforts to prevent financial crime.
Bloomberg’s flagship real-time market data feed, B-PIPE, has been made available on the cloud via Amazon Web Services, giving clients access to the same consolidated,
The pound sank on Thursday amid concerns about the UK parliament’s vote on Brexit and after the Bank of England warned of risks to the currency if Britain leaves the European Union in a
The dollar recovered against its rivals on Thursday as caution before a G20 meeting prompted investors to buy back the currency after comments by the Federal Reserve chief were seen as a sign that a rising trend in US rates may be coming to a close.
The US and China trade war
The Indian rupee and the Indonesian rupiah, two of the worst performers in Asia, are fast narrowing their losses, and policy makers have
Treasury Secretary Steven Mnuchin privately asked bond dealers and investors in October whether they want the Federal Reserve to tighten monetary policy by raising interest rates or through faster cuts in its securities portfolio.