Spot FX shies away from regulatory yoke

As Europe weighs Aussie-style rules for spot trading, some see benefits – but many fear the burden

The $2 trillion-a-day foreign exchange spot market underpins a huge array of basic economic activity, from going on holiday, to cross-border trade and investment. This vast market has also given rise to more than $10 billion in fines for banks that had rigged it against their customers – and it has largely escaped direct oversight.

In Europe, that may be about to change. Regulators in the European Union are now weighing whether to bring spot FX into the scope of Mifid II, the bloc’s far

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here