The Last Look…
September 21, 2021
We are going to learn a lot about how seriously FX market participants take the FX Global Code over the… Read More »
We are going to learn a lot about how seriously FX market participants take the FX Global Code over the… Read More »
With ESG investing high on the public agenda, the Global Foreign Exchange Division (GFXD), part of the Global Financial Markets… Read More »
The Global Foreign Exchange Committee’s Three-Year Review of the FX Global Code more or less formally came to an end… Read More »
The FX Global Code, as its founders were keen to stress, is a living, breathing document and the most recent… 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 »
Along with pre-hedging, last look has been one of the perennial challenges for the Global FX Committee as it seeks… Read More »
Just a week after the Global Foreign Exchange Committee updated the FX Global Code, including changes to recommended best practice… Read More »
“Intent is a difficult concept to demonstrate…the benefits arising from pre-hedging can be very difficult to show”. Therein lies the… Read More »
CLS has welcomed the changes to the FX Global Code, specifically those which place greater emphasis on the use of… 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 »
The results of a new survey conducted by XTX Markets finds that not only are market participants unhappy with the… Read More »
I am genuinely sorry to do this to you, but given events in the market yesterday and ongoing legal arguments,… Read More »
OK. Tin hat on? Check. Flak jacket? Check. Let’s dive back in to pre-hedging! I have been asked by quite… Read More »
There is nothing like last look to get people fired up in the FX industry – as my mailbag for… Read More »
The last week has provided no little insight into how the FX market views the still tricky subject of last… Read More »
A new paper from XTX Markets, Last Look Myths Debunked, argues that additional hold times within last look windows and… Read More »
The Global Foreign Exchange Committee has released two draft “guidance papers” on pre-hedging and last look and is seeking feedback… Read More »
The FICC Markets Standards Board (FMSB) has published a final Standard for the execution of large trades in FICC markets… Read More »
The Australian Securities and Investments Commission (ASIC) says it has commenced proceedings against Westpac for insider trading, unconscionable conduct and… Read More »
One of the areas in which I have always felt certain regulators have been misguided is in their drive for… Read More »
Plenty of questions with a changing world is very much on the agenda this week. Along with the suggestion that… Read More »
For those of you that follow the English Premier League, I am a West Ham fan – a team that… Read More »
The Global Foreign Exchange Committee (GFXC) is seeking industry feedback on proposals arising from its latest three‐year review of the… Read More »
Having poked the hornet’s nest earlier in the week with a column and a feature on the WMR London 4pm… Read More »
It has cost banks billions of dollars in fines, dozens of people their jobs and remains the subject of ongoing… Read More »
To kick off the Currency Matters podcast series, Colin Lambert is joined by Guy Debelle, chair of the Global Foreign… Read More »
