IOSCO Publishes Pre-Hedging Consultation
IOSCO has published a much-anticipated consultation document on pre-hedging, following a survey of its own members, seeking wider views on… Read More »
IOSCO has published a much-anticipated consultation document on pre-hedging, following a survey of its own members, seeking wider views on… Read More »
Two weeks ago I wrote about the feedback initiative from the GFXC, part of which covered FX settlement, within which… Read More »
The Financial Markets Standards Board (FMSB) has published a Transparency Draft aimed at updating its Statement of Good Practice for… Read More »
The Global Financial Markets Association (GFMA) and Global Digital Finance (GDF) have collaborated to publish a smart contract Primer, providing… Read More »
The FIX Trading Community’s global FX sub-committee has published recommended practices aimed at clarifying and simplifying practices around reject codes… Read More »
Former HSBC head of FX cash trading Mark Johnson has launched another appeal to overturn his 2017 conviction for wire… Read More »
The whole sorry episode of the USD/ZAR barrier and Neil Phillips’ actions has come to an end (perhaps) with his… Read More »
The Global FX Committee meets next week and one of the topics on the agenda will probably be pre-hedging, specifically… Read More »
The Financial Markets Standards Board (FMSB) has published its final Statement of Good Practice for the application of a model risk… Read More »
The Financial Markets Standards Board (FMSB) has published its latest transparency draft, looking at best practices for processes around client… Read More »
The Global Foreign Exchange Committee (GFXC) has published the results of its 2023 survey of the FX Global Code, including,… Read More »
A new report from post-trade infrastructure provider DTCC submits that trade confirmation and affirmation in US securities markets needs to… Read More »
The Global Foreign Exchange Committee (GFXC) has reported “significant” advances in adherence to the FX Global Code at its virtual… Read More »
UK-based Financial Markets Standards Board (FMSB), has signed a consultation agreement with The New Zealand Financial Markets Authority (FMA), a… Read More »
USS Investment Management Limited (USSIM) has joined the Financial Markets Standards Board (FMSB) as a full member. Universities Superannuation Scheme… Read More »
The Global Foreign Exchange Committee (GFXC) has released the 2023 FX Global Code Survey aimed at measuring the effectiveness of… Read More »
It is time, again, to talk about LP behaviour on platforms and those platforms’ apparent inability, or refusal, to act… Read More »
With The Full FX View The Global Foreign Exchange Division’s Market Architecture Group (MAG) has published a third study… Read More »
The Financial Markets Standards Board has published a transparency draft State of Good Practice looking at the application of a… Read More »
The Financial Markets Standards Board (FMSB), a UK body that seeks to establish standards in global financial markets, has published… Read More »
Historically, there has always been an imbalance in fortunes in FX markets between market makers and takers, and the pendulum… Read More »
A new report from Clifford Chance, in association with digital asset custody provider Komainu, seeks to establish a set of… Read More »
The Financial Markets Standards Board (FMSB) has published a Spotlight Review and a Risk Register for the “3 Lines Model”… Read More »
Following a long consultation process, the European Securities and Markets Authority (ESMA) has published a final Opinion on market outages,… Read More »
The European Central Bank has joined a long list of central banks and regulators to warn over the potential cost… Read More »
ACI – The Financial Markets Association has reinforced one of the core values of the organisation, conduct, by releasing the… Read More »
The Global Foreign Exchange Division (GFXD), which represents many of the largest FX banks globally, has issued new guidance relating… Read More »
UK investment manager Abrdn has joined the Financial Markets Standards Board (FMSB), which seeks to promote market-led best practices in… Read More »
I don’t know whether I was happy or irritated to find that last look exists in the car hire industry… Read More »
Sustainable Trading, the non-profit organisation seeking to transform environmental, social and governance (ESG) practices in the trading industry, has unveiled seven new… Read More »
The Financial Markets Standards Board (FMSB) has published a spotlight review of Voluntary Carbon Markets (VCMs) to assist “the steep learning… Read More »
Deutsche Börse’s 360TGTX has announced that effective 1 October 2022, only signatories to the latest version of the FX Global… Read More »
The Global Foreign Exchange Committee met in person for the first time since the pandemic hit on June 27-28 and… Read More »
As the one-year anniversary of the updated FX Global Code approaches, two senior members of the Federal Reserve Bank of… Read More »
The FICC Markets Standards Board (FMSB) has published the final Standard for the Conduct of Participants in LBMA Precious Metal… Read More »
A new non-profit membership network, Sustainable Trading, has launched today (February 22), with 30 founding members from the asset management,… Read More »
With the Global Foreign Exchange Committee updating its Global Index to accommodate links to FX market participant Disclosure Cover Sheets,… Read More »
A key element of the recent three-year review of the FX Global Code by the Global Foreign Exchange Committee was… Read More »
The FICC Markets Standards Board (FMSB) has published a draft standard looking at conduct 0f participants in LBMA precious metal… Read More »
The FICC Markets Standards Board (FMSB) has published its latest Spotlight Review, examining hybrid working in FICC markets. FMSB says… Read More »
The International Swaps and Derivatives Association (ISDA) has published two white papers that examine key aspects of the market for… Read More »
Standard Chartered has become the first bank to join the Global Digital Finance (GDF) patron board, an international alliance dedicated… Read More »
The final piece of the puzzle from the Global Foreign Exchange Committee’s three-year review has been slotted into place with… 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 »
In all, 11 Principles have been changed for the latest iteration of the FX Global Code, several of which have… Read More »
The Global Foreign Exchange Committee (GFXC) says it has completed the latest three-year review of the FX Global Code, and… Read More »
Three banks are facing complaints from Spanish corporations over the alleged mis-selling of FX derivatives. In this blog post, regulatory… Read More »
The FICC Markets Standards Board (FMSB) has named Myles McGuinness as its new chief executive officer – he replaces Martin… Read More »
The Bank of England has unveiled an updated UK Money Market Code – the document, first published in 2017, sets… Read More »
It has cost banks billions of dollars in fines, dozens of people their jobs and remains the subject of ongoing… Read More »