Colin Lambert

Basel Committee, IOSCO Agree to One Year Delay on Margin Rules

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have announced a one year delay to the final phase of the implementation of the margin requirements for non-centrally cleared derivatives. The two bodies say they acknowledge the progress that has been made to implement the framework, the final phase of […]

Standard Chartered Joins Digital Vega

Standard Chartered Bank has become a liquidity provider on Digital Vega’s FX options Medusa trading platform, bringing its unique global footprint of actively trading over 100 currencies and pricing an range of emerging markets and G10 currencies. “As more of our clients adopt electronic trading it is important that we serve them via their preferred […]

P&L Talk Series with Guy Debelle

As he assumes the reins of the Global FX Committee, Reserve Bank of Australia deputy governor Guy Debelle talks to Colin Lambert about the impact of the FX Global Code and the importance of maintaining momentum as the GFXC seeks to broaden its reach. Colin Lambert: We are now more than two years on from […]

Caplin Adds Crypto to Trading Platform

Technology provider Caplin has announced the addition of cryptocurrencies to its range of technology components for multi-asset trading. Using its financial markets domain expertise and multi-asset User Experience (UX), Caplin has added a new asset class and further enhanced its platform in response to client requests for a professional and robust crypto trading experience. The […]

And Finally…

There is still so much “spin” around liquidity, for as we have noted in our In the FICC of It podcast, while the platforms and liquidity providers would have us believe there is no problem, the occasional flash move and, more pertinently I would argue, survey results indicating liquidity remains a very high concern for clients […]

TriOptima Runs Inflation Swap Compressions

TriOptima has announced that it has completed the first cleared inflation swap compression run at LCH SwapClear. The run was completed on 19 July with euro cleared inflation swaps being compressed through the TriReduce service and the firm says it will go live with sterling and dollar cleared inflation swaps compression in LCH SwapClear “imminently”. In order to […]

Hedge Fund Manager Fined for Mis-Valuing Swaps

The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Swapnil Rege, a former portfolio manager for Connecticut-based hedge fund Marinus Capital registered with the CFTC as a commodity pool operator (CPO), for fraudulently mismarking swap valuations to artificially inflate the profits of his employer’s trading book in order to obtain […]

New Change FX Links with Lucera Connect

New Change FX’s regulated benchmarks and other data products are now available on the Lucera Connect network, allowing for rapid provisioning to existing Lucera Connect clients and workflow integration to LumeFX deployments. “We are seeing increasing demand for our regulated FX data to enable live performance checking of price formation for both makers and takers,” […]

And Another Thing…

I have often thought that the FX trader dismissals, indeed the entire chatroom related scandal in FX, would make a great case study for business management schools. Over the years I have argued there have been weak, misguided, vindictive, panicky and ill-informed decisions made at management level across a range of organisations that has resulted […]