Tag: Bank Of England

Bank Of England

UK to be Fourth BIS Innovation Hub

The Bank for International Settlements (BIS) has selected the Bank of England to host its fourth innovation hub and announced plans to open others across the northern hemisphere. Hubs have been already been established in Basle, Hong Kong and most latterly, Singapore after the BIS initiated the programme in July 2019 to help foster collaboration […]

FX Global Code in 2021 and Beyond

How well have the principles of the FX Global Code stood up in face of recent volatility spikes? Panellists Rohan Churm, head of the FX division at the Bank of England; Neill Penney, vice chair of the Glboal FX Committee; Christian Schoeppe, managing director and founder of Schoeppe FX; and Martin Pluves, CEO of the […]

In the FICC of It Special

Due to the level of interest generated by Profit & Loss’ discussion with Rohan Churm, head of the FX division at the Bank of England as part of our first ever Dial-in Day, we are releasing the audio as part of our In the FICC of It podcast series. You can download either by clicking the […]

Central Banks Coordinate on Further US Dollar Liquidity

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to further enhance the provision of liquidity via the standing US dollar liquidity swap line arrangements. To improve the swap lines’ effectiveness in providing US […]

Central Banks Enhance Liquidity Swap Lines

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank have announced a coordinated action to enhance the provision of liquidity via the standing US dollar liquidity swap line arrangements. These central banks have agreed to lower the pricing on the […]

In the FICC of It

Market structure dominates this week’s podcast as Colin Lambert goes to town on the SEC’s refusal to grant Cboe permission to implement a speed bump (and along the way take a few pops at the equity market structure of course), before touching upon news that the LSE-Refinitiv deal may be delayed and what that means […]

Bank of England Seeks to Accelerate Libor Reform

The UK has upped the ante again in driving interest rate benchmark reform away from Libor to risk free rates with the Bank of England unveiling two new initiatives aimed at further supporting the transition. The BoE and the UK regulator the Financial Conduct Authority (FCA) are working closely with market participants to support the […]

In the FICC of It

There is a packed agenda for Galen Stops’ last In the FICC of It podcast as he and Colin Lambert discuss a busy week in FX markets – especially if you’re in the survey business! After Lambert salutes Refinitiv for its gesture in donating brokerage to the Australian bushfire relief effort and Martin Mead on […]

UK to Probe Sterling Move Ahead of BoE Rate Announcement

Security around the Bank of England’s decision making process is once again in the spotlight after sterling jumped 15 seconds before the latest monetary policy announcement was made. Late last year it was revealed that a company was using an audio feed from the Bank’s press conferences post announcement to give traders an advantage over […]

Central Bank Group to Assess the Case for Digital Currencies

Six central banks, along with the Bank for International Settlements (BIS), have created a group to assess the potential use cases for a central bank digital currency (CBDC) in their home jurisdictions. The central banks involved in the group are: the Bank of England (BoE), the Bank of Japan (BoJ), the European Central Bank (ECB), […]