The Last Look…
September 19, 2023
I have noted through various channels over the past few months, how the FX swaps market structure appears to be… Read More »
I have noted through various channels over the past few months, how the FX swaps market structure appears to be… Read More »
Three traditional finance financial market infrastructures (FMIs); Clearstream, DTCC and Euroclear, have published a paper on the state of the… Read More »
The International Swaps and Derivatives Association (ISDA) says it is working towards recalibrating its Standard Initial Margin Model (SIMM) on… Read More »
The Monetary Authority of Singapore (MAS) is facing a change of leadership for the first time in 12 years with… Read More »
Digital assets trading firm B2C2 has completed what it terms a “strategic move” in finalising the acquisition of European crypto… Read More »
The Monetary Authority of Singapore (MAS) has published the features of a new regulatory framework that seeks to ensure a… Read More »
With The Full FX View A new study from Coalition Greenwich says that while OTC derivatives clearing has been with… 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 International Swaps and Derivatives Association (ISDA) has published a new survey that explores the development of capital and derivatives… Read More »
The Financial Stability Board (FSB) has published two sets of high-level recommendations for the regulation, supervision and oversight of cryptoasset… Read More »
With The Full FX View The issue of pre-hedging continues to split opinion in financial markets, and in its latest… Read More »
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its first consultation package under the… Read More »
The podcast is back and in this edition Colin Lambert and Sam Horowitz, head of FX distribution and liquidity management… Read More »
Historically, there has always been an imbalance in fortunes in FX markets between market makers and takers, and the pendulum… Read More »
Capitolis says it has gained “significant momentum” in its portfolio optimisation business in the first half of 2023, with its… Read More »
The US Commodity Futures Trading Commission (CFTC) has published a Staff Advisory on the risks associated with clearing organisations expanding… Read More »
The UK’s Financial Conduct Authority (FCA) has issued a final message to market participants one month ahead of the cessation… Read More »
My antenna was tweaked a week or so ago by a report that at least two HFT-type firms were supposedly… Read More »
A survey of 24 Asia-Pacific based financial institutions finds the majority believe the fundamental review of the trading book (FRTB)… Read More »
Following a long consultation process, the European Securities and Markets Authority (ESMA) has published a final Opinion on market outages,… Read More »
When phase 6 of the uncleared margin rules (UMR) came into force at the start of September 2022, there was… Read More »
Proprietary trading firms in Europe are considering giving up their Mifid II licenses and/or moving operations outside the continent in… Read More »
Following a consultation process, the Monetary Authority of Singapore (MAS) has adopted what it terms a “close to final” set… Read More »
SEC chair Gary Gensler is attracting a lot of “heat” as they say in the US, especially from the crypto… Read More »
The European Parliament has overwhelmingly passed Markets in Crypto Assets (MiCA) legislation, potentially giving the Eurozone an advantage as criticism… Read More »
A study published by Liberty Street Economics, which features insights and analysis from economists working at the Federal Reserve Bank… Read More »
The latest AIMA Hedge Fund Confidence Index, which is produced alongside Simmons + Simmons and Seward & Kissel, finds that… Read More »
The European Securities and Markets Authority has published a supervisory briefing for National Competent Authorities (NCAs) on firms offering copy… Read More »
The Commodity Futures Trading Commission has filed a civil enforcement action against Binance CEO Changpeng Zhao and three entities that… Read More »
The Basel Committee on Banking Supervision has added a study of risks and vulnerabilities in the banking system to its… Read More »
The UK’s Financial Conduct Authority (FCA) has appointed Therese Chambers and Steve Smart as joint executive directors of enforcement and… 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 »
After the success of last year’s event, The Full FX is returning to Scandinavia for our first event of 2023… Read More »
The Commodity Futures Trading Commission (CFTC) has unveiled its new director of enforcement, the unit of the regulator that heads… Read More »
The International Monetary Fund (IMF) has become the latest body to sound the alarm on crypto assets, observing in a… Read More »
US crypto lobby group, The Chamber of Digital Commerce, has submitted an Amicus Brief calling for the insider dealer charges… Read More »
A new Working Paper published by the Bank for International Settlements (BIS) finds that dealer constraints in FX spot markets… Read More »
Deutsche Börse and Google Cloud have unveiled a strategic partnership to leverage Google Cloud’s infrastructure and data and analytics capabilities… Read More »
With The Full FX View A long-standing point of contention, or ambiguity, in FX markets has been what some in… Read More »
The European Securities and Markets Authority (ESMA) and the UK Financial Conduct Authority (FCA) have agreed a new Memorandum of Understanding… Read More »
The latest BIS Bulletin from the Bank for International Settlements carries a paper that addresses the risks in crypto, and… Read More »
An extra dimension has been introduced to the dispute between Gemini’s founders, Tyler and Cameron Winklevoss, and Barry Silbert of… Read More »
A sub-plot to the recent scandals and failures in the cryptoverse has been competition between US regulators to win control… Read More »
For a second year in succession co-founder of The Full FX, Colin Lambert was invited on the 360T podcast to… Read More »
To the irritation of most of my regular readers (you’re a rough lot) I am determined to end the year… Read More »
The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking… Read More »
The Basel Committee has published its first holistic evaluation of the impact and efficacy of the Basel III reforms, and… Read More »
The UK’s Financial Conduct Authority (FCA) has fined BGC and related entities over £4.77 million for oversight failures across its… Read More »
The latest offering from the European Central Bank’s blog – which, as is standard, reflects the individual writers’ views rather… Read More »
Is it time to reassess the post-GFC regulatory world and consider nuancing many of the rules that were imposed more… Read More »
