Asset managers flee Russia as volatility spreads; Liontrust and JP Morgan suspend funds
With the Moscow Stock Exchange shuttered until at least 5 March, fund managers are rapidly attempting to unwind their Russian positions.
With the Moscow Stock Exchange shuttered until at least 5 March, fund managers are rapidly attempting to unwind their Russian positions.
Scott Gold, head of sales for the Americas at BidFX, talks to The TRADE about the urgency of preparations for the final phase of UMR, and what needs to be done to effectively manage risk ahead of the changes.
Verena Ross highlighted the importance of data quality and rigorous reporting in order to mitigate systemic financial risk across markets.
Brian Lynch, President of SteelEye US, talks to The TRADE about the changing landscape for financial regulation in the US: with a rundown of the latest changes and a look at what might yet be to come.
The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand.
The partnership will provide extended native desktop capabilities for FX traders.
The regulator warns that there could be a potential mismatch between asset liquidity and redemption timeframe.
Firm is the latest independent broker to be involved in potential M&A.
The prime crypto brokerage loaned $50 billion to institutional borrowers including hedge funds last quarter, while crypto derivatives trading on the platform also hit record levels.