Foreign exchange (fx)
Latest Financial Stability Report stresses importance of long transition to new rules, and concerns over central counterparty clearing
Pilot comes at a time when news reports suggest a group of 10 banks plan to launch a bank-only FX trading platform
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Foreign exchange (fx) articles
Currency ETCs have reached all-time highs as Ireland's impact on the eurozone sees the US dollar rebound.
Potential liquidity mirage in foreign exchange markets must be addressed, says Michael Cross
Push for global convergence in over-the-counter derivatives regulations means any US exemption is likely to be followed in other jurisdictions, says the EC’s Pearson
Expert paper calls on HMT to ensure EU legislation on clearing and reporting doesn't damage London's dominance or inhibit market activity in particular asset classes.
Primed for portfolios
Shake up designed to meet clients' needs ahead of implementation of Dodd-Frank reforms
Credit Suisse has added to its Asia foreign exchange risk advisory in line with the bank's strategy to expand forex business in Asia
But market may begin testing the Bank of Japan's resolve if more measures are not taken
Confusion, then clarity
New US Commodity and Futures Trading Commission rules will hasten flow of retail foreign exchange business abroad
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.