Tag: FX benchmarks

May 11, 2016 BY Mike Fox

Bloomberg confirms its Forex benchmarks comply with IOSCO principles

Bloomberg announced today the successful completion of an independent assessment confirming the alignment of the BFIX family of benchmarks with the International Organization of Securities Commissions’  (IOSCO) principles for financial benchmarks. The assessment was conducted by Ernst & Young LLP (EY). The BFIX family of benchmarks covers spot, forward and non-deliverable forward rates for a…

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January 29, 2014 BY Gerald Segal

RBS to stop accepting orders for FX fixings

G 20’s Financial Stability Board commits to revamp the way FX benchmarks are calculated According to a fresh Reuters report, the Royal Bank of Scotland has announced that it is suspending to accept orders in relation to several foreign exchange fixings. While the bank has declined to comment on whether it has something to do…

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January 15, 2014 BY Gerald Segal

Integral and Stanford University launch second-by-second FX benchmark

The access to the resource is free and it can be used by brokers and clients to settle transaction disputes Californian forex technology company Integral Development has now officially launched its earlier unveiled product aiming to bring more transparency to the forex market. While we haven’t tried the service yet, it can be a very…

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December 11, 2013 BY Gerald Segal

Integral to launch a second-by-second FX Benchmark

Aiming for transparency, the Benchmark will be free and is developed in tandem with Stanford University researchers Californian company Integral Development corp. has announced the launch of Integral FX Benchmark – the solution to the worries of regulators and in recent light, jokingly, the cure against currency rates manipulators. Integral FX Benchmark (FXB) is a…

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