Chancellor of the Exchequer confirms government will extend legislation put in place to regulate LIBOR to cover seven further financial benchmarks, including the main foreign exchange benchmark, with those found guilty of manipulating these benchmarks facing up to seven years in prison.
Read moreWhat is meant by 'monitor' and how exactly they will provide oversight or uncover unethical practices is not quite clear yet.
Read moreRegulatory action risks to squeeze big banks' profit margins from FX, but bringing increased transparency and likely more volumes A report in Monday’s edition of the Financial Times outlines an accelerating shift that is occurring within the FX markets industry during the past couple of months. Yes, we are talking about electronic dealing finally arriving…
Read moreDid you get the best execution price on your trade? FXT Analytics can help you We have a new player in forex benchmarking practices that aim to provide proper verification mechanisms to institutional traders and brokerages alike. The company’s name is FX Transparency and it has just introduced its product called FXT Analytics. The application…
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