What Happened at the Month-End Fix?
September 7, 2024
The run of relatively subdued month-end FX fixes, in terms of market impact, continued in August, although savings were still… Read More »
The run of relatively subdued month-end FX fixes, in terms of market impact, continued in August, although savings were still… Read More »
The latest column in our Voice of Experience series sees Simon Wilson-Taylor, senior partner at FastFin, takes a look at… Read More »
The pre-hedging Spotlight Review from the FMSB merely serves to highlight, in my view, just how difficult, and potentially risky,… Read More »
I think we can all agree that the T+1 changeover in North America was handled smoothly by markets, and that… Read More »
Osttra says it has run a series of trials to prepare market participants for the impending reference rate switch in… Read More »
In the latest Unfiltered film, Stephen Totten, head of institutional and quantitative product at oneZero is joined by Paul Lambert,… Read More »
For the third consecutive month, the potential savings from using a longer window for the month-end FX Fix were below… Read More »
The UK’s Financial Conduct Authority (FCA) has published the findings of its wholesale data market study and says while it… Read More »
With the transition away from Ibors to risk-free reference rates (RFRs) either completed or on an established path, ISDA has… Read More »
The pattern of lower market impact at the month-end FX fix continued in October, with potential savings from using the… Read More »
Former Barclays interest rate trader Carlo Palombo, who was convicted of conspiracy to defraud by rigging the Euribor benchmark setting… Read More »
Market impact was once again a factor at the August month-end FX fix with the potential savings from a window… Read More »
The UK’s Financial Conduct Authority (FCA) has published an update to its wholesale market data study, which was initiated in… Read More »
Osttra says it has successfully delivered the first cross-currency swap conversions of USD/SGD swaps from SOR to SORA as part… Read More »
With a major Libor landmark approaching, the use of risk-free rates (RFRs) to reference interest rate derivatives has hit a… Read More »
Cloud-based data technology company Ventriks has announced a new partnership with New Change FX (NCFX) to deliver benchmark rates for… Read More »
The UK’s Financial Conduct Authority (FCA) has followed up a September 2022 letter to benchmark administrators highlighting the risk of… Read More »
Amidst a long-term trend of rising adoption, January saw a rare decline in the use of risk-free rates (RFR), in… Read More »
CME Group and CF Benchmarks will extend their suite of non-tradeable cryptocurrency benchmark products after announcing plans for three new… Read More »
The UK’s Financial Conduct Authority (FCA) has published a proposal for Libor administrator IBA to extend the publication of certain… Read More »
After a brief hiatus when adoption flattened out in September, the adoption rate of Risk-Free Rates (RFRs) moved higher again… Read More »
It was a quieter than usual London 4pm month-end fix on October 31 in terms of market impact, with significantly… Read More »
CME Group has announced it will now convert all eligible Eurodollar futures and options to SOFR equivalent contracts on April… Read More »
It was another tough month-end for anyone who cares about market impact around the London 4pm WM Fix, with potential… Read More »
Digital assets data provider Kaiko has launched what it says is the first suite of 50 Price Rates, a service… Read More »
As deadlines near, the shift away from interest rate derivatives that reference Interbank Offered Rates (Ibors) to risk-free rates (RFRs)… Read More »
CME Group has started real-time streaming of its suite of volatility indices (CVOL), allowing investors to keep an up to… Read More »
The shift from Ibors to risk-free rates (RFR) as key financial benchmarks continues apace with the latest ISDA-Clarus RFR Adoption… Read More »
Refinitiv says it intends to launch forward looking term rate versions of its ARRC recommended fallback rates – USD Ibor… Read More »
TP Icap’s data business, Parameta Solutions, has received authorisation from the UK’s Financial Conduct Authority (FCA) to become an authorised… Read More »
Siemens Group has signed an agreement with Cürex to take the latter’s pre‐ and post‐trade data analytics through its Cipher… Read More »
CME Group and CF Benchmarks have extended the cryptocurrency benchmark service, adding a host of currencies to the existing Bitcoin… Read More »
The Reserve Bank of Australia has announced that deputy governor Guy Debelle is leaving the central bank after 25 years… Read More »
Refinitiv has announced that USD Ibor Institutional Cash Fallbacks are now production benchmarks, and it will launch USD Ibor Consumer… Read More »
The UK’s Financial Conduct Authority (FCA) has formally banned former Barclays banker Colin Bermingham for life over his conduct in… Read More »
With the deadline for the shift away from Japanese yen Libor fast approaching, Refinitiv has unveiled Tokyo Swap Rate (for… Read More »
Are we about to get movement on one of my regular themes in this (and previous) columns, the London 4pm… Read More »
In a move it says marks the final step in its transition plan, the Alternative Reference Rates Committee (ARRC) is… Read More »
The FICC Markets Standards Board (FMSB) has published the finalised Standard on use of Term Sonia reference rates. The Standard was… Read More »
There comes a time in every walk of life where delivering required change takes leadership. I believe the FX industry… Read More »
A couple of times over the last week I have found myself wondering why I missed a news event only… Read More »
As the UK pushes ahead with its plans to have markets switch from Libor to Sonia, ICE Benchmark Administration (IBA)… Read More »
The US benchmark body, the Alternative Reference Rates Committee (ARRC), which was convened by the Federal Reserve Bank of New… Read More »
Plenty of questions with a changing world is very much on the agenda this week. Along with the suggestion that… Read More »
New Change FX says it will start providing its FX, precious metal, and crypto asset market data covering circa 2,300… Read More »
It has cost banks billions of dollars in fines, dozens of people their jobs and remains the subject of ongoing… Read More »
The UK’s Financial Conduct Authority (FCA) says that 31 December 2021 will see the end of all LIBOR rate settings… Read More »
