The globally minded Financial Services Board, the G20's consultative go-to for all things financial, which is chaired by Mark Carney, Governor of the Bank of England released final recommendations and conclusions on cleaning up FX benchmarks and rate fixes. The way it stands in its current form has embroiled in scandal many investment banks and…
Read moreAustralia's MXT Global's latest senior executive appointment brings significant experience at senior level within financial institutions in Japan Australian financial services provider, MXT Global, has announced today the appointment of currency and commodities expert Reiji Onizawa to its Board of Directors. His official title will be as Managing Director with responsibilities in capital investments effective…
Read moreA timely exercise by global exchange services & trading technology firm in the light of regulatory push for greater transparency Market participants in the institutional FX sector's most populous regions have experienced comprehensive regulatory overhauls during the last year, spearheaded by the implementation of the Dodd-Frank Act which stipulated that over the counter derivatives including…
Read moreCFTC gives Yieldbroker until November 1 to finalize its SEF application. While US financial regulators promised that they were going to be completely rigid and strict with the planned implementation of Dodd-Frank Act requirements such as that of SEFs, the exceptions keep coming. First, we learned that the CFTC is delaying enforcement of many of…
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