Foreign exchange (fx)
New rule 538 squashes certain off-exchange contracts
Analysts extrapolate from £1.8bn FCA fine
Onshore mandates give Asian economies the edge in developing forex clearing
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More Foreign exchange (fx) articles
RBI considers further action to encourage overseas firms to use India's OTC and listed markets
Isolating traders to prevent manipulation
Range accrual and Tarf variants too complex for UK SMEs, critics say
Spread option pricing: importance of forex risk factors illustrated
Sponsored video: Societe Generale
CFD activity on the increase but banks keep their distance
Correlation of currency and underlying asset militates against hedging
Clearer is talking to banks about possible service
Total bill from penalties and lawsuits could reach “tens of billions,” some estimate
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.