Day: 23 October 2020

BoE Signs Up to ISDA’s IBOR Fallbacks Protocol

The Bank of England (BoE), has signed up to the International Swaps and Derivatives Association’s (ISDA) ‘IBOR Fallbacks Protocol’ ahead of the transition away from LIBOR by the end of 2021. ISDA launched the Protocol today and confirmation that the Bank has signed up is available on ISDA’s website. This will apply both to transactions BoE undertakes on […]

GDP Will Rebound for Q3, But Not Nearly Enough

After the 31.4% plunge in second quarter GDP, there is no doubt that economic growth partially rebounded in the third quarter, data to be released Thursday will show. Consumption, home building and business activity all improved drastically from the lockdown-period of the previous quarter. But it will be a while until the economy completely gets […]

Hedge Funds, CTAs, Suffer in September, Currency Traders Up: BarclayHedge

After a good run of results, hedge funds and CTAs turned in negative performances in September according to BarclayHedge indices published this week. The Barclay CTA Index was down 0.85% for the month, but remains in positive territory for the year at +1.9%. Currency traders were a rare beacon of positivity in the sub-indices, producing […]

SteelEye Adds Refinitiv Market Data

Compliance technology and data analytics firm SteelEye has announced the incorporation of Refinitiv market data on to its platform. The increased volume of high quality, multi-asset and global market data enables clients to enhance their compliance and analytics, the firm says. The deal more than doubles the amount of reference sources used to enhance SteelEye’s […]

CaixaBank Launches FX Platform

Spain’s CaixaBank has launched FX Now, its new online platform that the bank says “lets customers trade currencies in real time, 24 hours a day, in an agile and secure way, and with no intermediaries”. It adds that the new platform is available to all customers of company banking, corporate banking, entrepreneurs, and international customers […]

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