Deal will expand FX services offered to the clients of Equity Transfer & Trust Co.
Banks, investment managers increasing presence in global FX markets
In a report published today by the Committee on Payment and Settlement Systems, central bankers highlight the need for further action to reduce foreign exchange settlement risk.The report presents the results of a major survey of how over 100 banks and other institutions active in the FX market manage the risks that can arise when […]
Bank of Canada release survey on foreign currency hedging
Gavsie to lead effort to build new European FX capabilities
Turnover in traditional foreign exchange instruments increased by 71%
Industry has made significant progress in dealing with foreign exchange settlement risk, but more can be done
Interest-rate derivatives trading volume recovers
The Commodity Futures Trading Commission and the North American Securities Administrators Association issued a joint investor alert to warn of the dangers facing retail investors who are lured into foreign currency trading frauds.The regulators cautioned investors that off-exchange forex trading by retail investors is at best extremely risky, and at worst, plagued by outright fraud. […]
Less than one quarter of FX users in Canada trade currency electronically