UK considers broader scope for benchmark rules
The UK government has launched a consultation on whether it should extend its regulation of Libor to other key financial benchmarks.
The UK government has launched a consultation on whether it should extend its regulation of Libor to other key financial benchmarks.
New International Swaps and Derivatives Association chief executive Scott O’Malia believes FX clearing mandates in the US have been moved down the pecking order due to concerns over the ramifications of such rules.
Market participants are facing a tough compliance schedule in the coming months as numerous new regulations come into force globally.
Industry bodies are split over how best to class non-equity instruments under MiFID II in order to determine whether they should be subject to transparency rules.
Interdealer broker ICAP believes significant opportunities exist to grow its business in the market data and benchmarking space.
FIX Trading Community today announced it has extended the Trading Enablement Standard Initiative to include foreign exchange client enablement.
Investment bank fixed income revenues have fallen by less than expected in the second quarter of 2014, with a shift towards more liquid products helping to improve their profitability.
As part of its recent push into transaction cost benchmarking, agency brokerage ITG has launched a new index for the FX spot market.
ICAP’s post-trade and risk management arm, TriOptima, has seen double-digit revenue growth over the past three months, where the firm’s other operations have fallen.
Japan Exchange Group has signed a memorandum of understanding with Bank of China Limited, outlining intentions to develop a Renminbi-denominated financial instruments market in Japan.