The rules, which concern swaps that aren’t routed through clearinghouses, require written agreements detailing collateral arrangements.
After six full months of consecutive declines – a rare rough patch – the US dollar is seeing a little support.
The common currency fell about 0.5 per cent from Thursday’s highs above $1.19 after a report that a rising number European Central Bank officials are concerned about the euro’s sharp climb this year.
Sterling steadied above $1.29, gaining back some initial losses in morning trade in London after the PMI index of sentiment among manufacturers came in well above forecasts.
Jury selection to begin in alleged front-running case; judge postpones original date by a week at status conference hearing.
The first three platforms to report FX average daily volume (ADV) for August have presented a mixed picture, with one matching record highs, one dropping and one remaining stable.
A growing number of FX traders are extolling the virtues of combining quantitative and fundamental analyses into an approach known as quantamental.
The Nasdaq gained, volatility re-emerged, Harvey hit a slumping energy sector and the euro rallied.
Four-fifths of euro swaps will not be subject to pre-trade transparency under new reporting requirements despite the European Union’s aim of improving price and volume data.
The White House is expected to nominate Columbia University law professor Robert Jackson to a vacant slot on the Securities and Exchange Commission, according to people familiar with the matter.
Bank’s head of futures, prime and securities services said leverage ratio methodology was “excessive”.
JP Morgan has cleared its first non-deliverable forward (NDF) trades with LCH ForexClear since the implementation of uncleared margin rules.
CME shut its London-based derivatives exchange, CME Europe, and clearing house, CME Clearing Europe. All positions that were still open on August 30 have now been closed and settled.
Derivitec and Messer Financial Software are collaborating to provide straight through risk processing for Asian asset management firm PAG.
CFD and FX broker EasyMarkets has announced the appointment of Jimmy Pan as head of sales, Asia Pacific.
Steve Aldridge has joined SafeScribe as managing partner, sales and strategy.
China’s yuan strengthened to a fresh 14-month high against the US dollar after its best month on record, buoyed by strong guidance while the dollar remained under pressure.
New Zealand’s dollar spiked lower as an opinion poll put the country’s opposition Labour Party, under new leader Jacinda Ardern, in front of the ruling National Party for the first time ahead of the September 23 election.
Sweden’s krona touched a fresh five-month high as traders bet that the central bank will be unable to maintain its commitment to keeping record-low interest rates, with local bank SEB warning that the Riksbank’s current attitude “increases the risk of a new crisis”.