Chancellor of the Exchequer confirms government will extend legislation put in place to regulate LIBOR to cover seven further financial benchmarks, including the main foreign exchange benchmark, with those found guilty of manipulating these benchmarks facing up to seven years in prison.
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New York’s banking regulator to seek Forex monitors at Deutsche, Barclays…
What is meant by ‘monitor’ and how exactly they will provide oversight or uncover unethical practices is not quite clear yet.
Read MoreElectronic dealing fast replacing ‘faulty’ forex dealers at major banks
Regulatory action risks to squeeze big banks’ profit margins from FX, but bringing increased transparency and likely more volumes A…
Read MoreFX Transparency launches FX trade analysis tool
Did you get the best execution price on your trade? FXT Analytics can help you We have a new player…
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