Regulation
BarCap still number one for e-FX
Barclays Capital held onto its crown as best bank in electronic trading for the third year running, while also moving up to first place for currency options and post-trade services categories.
FXall shines as professional electronic trading venue
FXall has claimed the top spot for electronic trading venues, ousting FXConnect, which drops to second place this year.
Extra capital needed for institutions deemed too big to fail, FSB warns
FSB sets out broad direction for special treatment, but admits the possible need for national discretion.
Banks could circumvent Volcker rule by gaining hedge fund exposure synthetically
Volcker rule may contain loophole that allows banks to invest in hedge funds
Basel Committee considers capital charges on bank exposures to CCP default funds
A new capital charge on bank exposures to CCP default funds could be introduced in December, says Osfi's White.
EC likely to follow a US clearing exemption for FX swaps and forwards
The European Commission (EC) is likely to exempt foreign exchange swaps and forwards from a mandatory clearing requirement if the US decides to do so, according to Patrick Pearson, head of the financial markets infrastructure unit at the EC.
Homogeneous regulations could contribute to risk, says former Brazil central bank chief
Arminio Fraga warns about the use of globally standardised methodologies for regulatory capital, as well as the dangers of multiple central counterparties
Buy-side targets capital efficiency, says UBS
Findings of UBS analysts stoke fears of race to the bottom among over-the-counter derivatives clearing firms
Retail brokers slammed by NFA
Gain Capital and Ikon Global Markets have been fined by the US National Futures Association (NFA) for practices that put clients at a disadvantage.
Battle of the currencies
Authorities around the globe remain vigilant against hot money
Critics hit back at cross-border bank levy
Critics are hitting back at plans to introduce a bank levy on UK dealers, highlighting the challenges of implementing the cross-border charge.
EU council reaches compromise agreement on AIFM
The European Council has reached agreement on its approach to the alternative investment fund managers (AIFM) directive, paving the way for an end to negotiations and a deal on non-EU managers.
The impact of regulation on the global OTC market - Europe perspective
Three web seminars – in Hong Kong, London and New York – exploring key changes in international OTC derivatives regulation from a regional perspective
The impact of regulation on the global OTC market - Asia perspective
Three web seminars - in Hong Kong, London and New York - exploring key changes in international OTC derivatives regulation from a regional perspective
The impact of regulation on the global OTC market - US perspective
Three web seminars - in Hong Kong, London and New York - exploring key changes in international OTC derivatives regulation from a regional perspective
The impact of regulation on the global OTC market
Three web seminars – in Hong Kong, London and New York – exploring key changes in international OTC derivatives regulation from a regional perspective
ECB's Constâncio: grant CCPs access to central bank liquidity
WASHINGTON, DC – Central counterparties for derivatives trades should have access to central bank liquidity, Vítor Constâncio, the vice-president of the European Central Bank, has said.
CFTC starts SEF regulation discussions
WASHINGTON, DC - The Commodity Futures Trading Commission’s (CFTC’s) Technical Advisory Committee began to lay the groundwork for rules that will eventually govern swap execution facilities (SEFs) last week (October 12) citing concerns over the new…
Cebs issues finalised guidelines on op risk in market activities
LONDON – The Committee of European Banking Supervisors (Cebs) is confident the final versions of its guidelines on op risk in market-related activities will be implemented fully in June-end, 2011.
Gain acquires CMS retail business as new rules come into force
NEW YORK - Capital Market Services (CMS) has sold its retail forex business to Gain Capital, making it the latest online trading company to exit the market in light of rising costs from increased regulation.
Analysts hit back at currency war claims
WASHINGTON, DC - Analysts are hitting back at claims that a currency war is emerging, while exposing risks associated with international co-ordination on exchange rate policy mooted to prevent a drift towards unilateralism.
Kemp named managing director at Afme FX division
The Association for Financial Markets in Europe (AFME) has named James Kemp as managing director of its recently formed global foreign exchange division.
RBC continues Asia-Pacific build and globalises Fic central bank sales
RBC Capital Markets has hired Glenn Anson as a managing director and global co-head of central bank sales, from Nomura in London.
Larger brokers hit by retail regulations
It turns out that the sweeping regulations hitting the retail forex market are singling out not only the smaller shops, but also the larger players, such as Swiss broker Advanced Currency Markets (ACM).