Day: 22 October 2020

US Sept Existing Home Sales, Prices Surge

US existing home sales advanced further in September, hitting the highest point since May 2006. National Association of Realtors (NAR) chief economist Lawrence Yun said Thursday that it was “another spectacular month” for sales and prices, but noted again that supply is being depleted rapidly. He said that the housing sector is experiencing better than […]

Steptoe Launches Financial Education Series

Steptoe & Johnson LLP has launched Financial Services University, a video series that illustrates the financial services legal, business, and regulatory issues companies face around the world. “We’re excited to launch our Financial Services University,” says Matt Kulkin, partner and co-chair of the firm’s Financial Services Group (FSG) and former Commodity Futures Trading Commission director. “These short […]

Chilean Bank Goes Live with Edgewater Platform

Edgewater Markets today announces that Banco del Estado de Chile, owned by the Republic of Chile, has gone live with its new trading platform. Edgewater adapted the proprietary technology of its EdgeFXLatam to provide BancoEstado with a customised solution for its internal users, onshore clients, and global offshore market participants. Leveraging the Chilean Electronic Stock […]

CFTC Issues Advisory to FCMs on Virtual Currencies

The Division of Swap Dealer and Intermediary Oversight (DSIO) of the Commodity Futures Trading Commission (CFTC) issued an advisory to futures commission merchants (FCMs) regarding the holding of virtual currency in segregated accounts. The advisory provides guidance to FCMs on how to hold and report certain deposited virtual currency from customers in connection with physically […]

And Another Thing…

Ahead of my normal duties at Profit & Loss Mexico on Thursday evening and Singapore next Wednesday afternoon (both local time), I had the all-too-rare pleasure of being on the other side of the “divide” this week, as a speaker on an excellent ACI UK panel on conduct and the FX Global Code. I was […]

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