Fair and Effective Markets Review (FEMR)
Hauser to chair FXJSC at Bank of England
He steps into the role left vacant by Chris Salmon, who left the central bank earlier this year
Gerry Harvey becomes new FMSB chief executive
Harvey becomes the first head of the independent body created to raise standards in Ficc markets
FCA sees 'real improvements' in UK FX industry
Authority says that under its remediation programme, firms have installed appropriate risk mitigation plans
LMAX throws down the gauntlet to UK regulators
Exchange finds clear evidence that the market should be rules-based and move to execution-only venues
Price and perfect execution
Firms are trying to give clients visibility on measuring whether the price they are receiving is a good one, but the cost of execution is variable and hard to pinpoint – and it’s not just about price