The following article has been exclusively prepared for LeapRate by AETOS’ analyst Ryan Chen. Part I of the article can be found here. Three Main Triggers Apart from the long-term disagreement between Britain and the Europe, there are more practical causes to the Brexit, namely power, money and people, all very cliché factors. According to…Read more
LeapRate TV interview: A close call for the world's largest financial center - "London's FX industry here to stay!"
A very close run between the Conservative and Labour parties made many large interdealer brokers and banks in London consider leaving the UK. Andrew Saks-McLeod takes the gloves off and explains very openly what lies ahead, and why the Conservative victory is a great relief for London's FX industryRead more
TopFX VP Business Development Paul Orford looks at how a Conservative, Liberal or Labour government, and the political influences that ensue, could affect the FX industry, considers market volatility that lies aheadRead more
FCA wants to regulate more benchmarks including London closing spot rate. What does the industry think?
Following the recent cases in which firms have been censured for LIBOR and FX rate manipulation, the FCA is seeking industry perspective with regard to regulating 7 more benchmarks including WM/Reuters (WMR) London 4pm Closing Spot RateRead more
Britain's financial markets regulator, the FCA, has invoked a series of structural changes in order to meet the demands of the modern financial markets ecosystem, with several executive-level changes within the organizationRead more
In the largest ever fiscal penalty for improper conduct ever administered by British regulatory authorities, five global banks which operate from London have been found liable following a 13 month investigation regarding FX benchmark manipulationRead more
Top FX senior executive Paul Orford dissects and examines the rationale behind UK Chancellor George Osborne's claim that the UK is on the road to recoveryRead more
Legacy of Operation Tabernula: UK law enforcers shift away from insider trading and onto FX manipulation
The ongoing international probe into alleged FX benchmark manipulation is drawing heavily on the resources of regulators and lawmakers. Has the FCA turned a blind eye to insider trading as a result?Read more
In a break from a tradition in which the vast majority of cases brought against firms and individuals by the FCA are settled prior to action, the British authorities follows America's footsteps in confiscating ill gotten gains from a number of jailed insider dealersRead more
With addresses registered in London and Gibraltar, PlusFN is not licensed by the FCA to conduct business in BritainRead more