February 19, 2015 BY Andrew Saks-McLeod

ICAP adds price displays for CHF single currency swaps to 2006 ISDA definitions

“The 2006 ISDA definitions are regarded as the primary source of third party reference data for the derivatives market. With a robust and compliant framework in place, we’re pleased to provide our market leading IRS data to the market. It will give market participants an insight into accurate trading flow and prices to inform their decision making and risk profile.” - Frits Vogels, Head of EMEA, Global Broking, ICAP

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February 19, 2015 BY Andrew Saks-McLeod

Guest Editorial: Pro-HSBC media a 'fraud on readers'

Paul Orford takes a look at the media coverage of the allegations against HSBC, in that Peter Oborne claimed that the Daily Telegraph's management had deliberately supressed stories in order to retain a valuable advertising account. Mr. Oborne outlined that one former Telegraph executive told him HSBC was “the advertiser you literally cannot afford to offend.”

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February 19, 2015 BY Andrew Saks-McLeod

Court hears Crown Currency bosses fled to France with gold bars prior to £20 million firm failure

After 5 years of legal wrangling, former owners of collapsed FX firm Crown Currency attended Southwark Crown Court yesterday. The prosecution has added theft of gold bars to the initial charges of fraud, as the company continued to accept deposits of £2 million in the advent of its demise, whilst co-owner Peter Benstead left for France with 11 KG of gold

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