Tag: market conditions

And Finally…

There was an interesting development from the Royal Bank of Canada last week when it announced that it had launched a new AI-based trading platform for its equities business, and I, for one, am very interested to see how – if at all – the trading style offers something different. I do believe that when […]

Settlement Risk Remains High on GFXC Agenda

Following its latest teleconference meeting, the Global Foreign Exchange Committee (GFXC) has reiterated its focus on settlement risk gaps in the FX market and says it will strengthen its guidance on settlement risk as part of its ongoing review of the FX Global Code. Highlighting recent incidents in the Turkish lira, where borrowing rates of […]

Fix, Settlement Risk on GFXC Radar

The Global Foreign Exchange Committee (GFXC) held a teleconference meeting on June 22 to discuss conditions in FX markets, part of which saw the committee focus in on activity around the London WM/R 4pm Fix and issues highlighted by last year’s Bank for International Settlements (BIS) Triennial Survey which revealed an increase in the proportion […]

And Finally…

There’s nothing like a crisis to bring out the best and worst in people and the Covid-19 calamity is right up there with the best of them. Overall though, in terms of markets, I am not that surprised by how things have gone, indeed I am a little bemused at the amount of people who […]

Profit & Loss is no longer publishing

Thank you for 21 great years of support