The Last Look…
July 16, 2024
It’s a cliché that the foreign exchange industry is a fast-evolving world, but nonetheless true, and the pace of evolution… Read More »
It’s a cliché that the foreign exchange industry is a fast-evolving world, but nonetheless true, and the pace of evolution… Read More »
While it continues its work to build adherence, buy side adoption and reducing settlement risk, the Global Foreign Exchange Committee… 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 »
How worried, or otherwise, should we be about buy-side adoption of the FX Global Code and how much more effort… Read More »
The Global Foreign Exchange Committee (GFXC) has published the results of its 2023 survey of the FX Global Code, including,… Read More »
The Global Foreign Exchange Committee (GFXC) has reported “significant” advances in adherence to the FX Global Code at its virtual… 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 »
Reading the ESMA review on pre-hedging a couple of thoughts came to me on two of my favourite subjects –… Read More »
Although I don’t think the lack of buy side adoption of the FX Global Code is as serious as some… Read More »
The Global Foreign Exchange Committee (GFXC) has launched a proportionality self-assessment tool on its website, aimed at building buy side… Read More »
The Board of Directors of the Bank for International Settlements (BIS) has announced the appointment of Andréa Maechler as its… Read More »
CME Group’s EBS has announced a reduction in its last look threshold to 30 milliseconds from 200ms and that it… Read More »
Simon Manwaring, global head of trading and sales at NatWest Markets, has been named as the new co-vice chair of… Read More »
CboeFX says that from 1 August, only liquidity providers that have a signed Statement of Commitment to 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 »
Very quietly, the FX Global Code turned five last week. I remember being in New York for a Profit &… Read More »
The Reserve Bank of Australia has announced that deputy governor Guy Debelle is leaving the central bank after 25 years… Read More »
This is not the first changing of the guard we have seen at the Global Foreign Exchange Committee (GFXC), but… Read More »
When GFXC chair Guy Debelle stated clearly what many of us already thought – that the FX Global Code update… Read More »
The UK regulator, the Financial Conduct Authority (FCA) has formally recognised the updated FX Global Code and Global Precious Metals… Read More »
We are going to learn a lot about how seriously FX market participants take the FX Global Code over the… Read More »
CLS says a working group of 12 settlement members with global operations is participating in a pilot to evaluate potential… 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 »
There comes a time in every walk of life where delivering required change takes leadership. I believe the FX industry… 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 »
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 »
OK. Tin hat on? Check. Flak jacket? Check. Let’s dive back in to pre-hedging! I have been asked by quite… Read More »
Dear Colin We would like to make a few points in response to your recent post on pre-hedging and the Global Code.… 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 »
The Global Foreign Exchange Committee has released two draft “guidance papers” on pre-hedging and last look and is seeking feedback… 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 »
It is perhaps, a sign that use of algos is increasing amongst investment managers, that the Investment Association (IA) has… Read More »
