Tag: Regulation

Regulation

In the FICC of It

New technologies and old issues are on the agenda for this week’s podcast as Colin Lambert and Galen Stops take a look at the likely impact of blockchain on FX swaps. Stops makes the point that this would be a radical step for what is often seen as an archaic segment of the market, but […]

In the FICC of It

P&L’s managing editor Colin Lambert and editor Galen Stops are joined by guest podcasters John Crouch and Brandon Primack to discuss the hot topics from the first day at Forex Network Chicago for this In the FICC of It special. The podcast looks at how platforms seek to build a better liquidity landscape through the […]

The 20 for 20 Countdown – Part One

It’s been a busy 20 years since Profit & Loss launched. Colin Lambert and Galen Stops have picked out 20 key events or trends during that time and asked senior industry figures for their perspective on them – here’s numbers 20-16. 20. A New Currency for a New Era While the big event of 1999 […]

Himino New Head of FSB Regs Committee

The Financial Stability Board (FSB) has appointed Ryozo Himino, vice minister for international affairs at the Japanese Financial Services Agency, as chair of the its standing committee on supervisory and regulatory cooperation (SRC), for a two-year term. He started on 1 September 2019 and succeeds Norman Chan, chief executive of the Hong Kong Monetary Authority, […]

And Finally…

Forex Network Chicago takes place later this month, from September 23-25, you can register here, and in our efforts to keep the events fresh we have introduced two “Ask the Experts” sessions where audience members – and P&L readers – can ask questions of a panel of specialists in their field. This year’s conference has […]

In the FICC of It

There is one item – and a lot of questions – on the run sheet for this week’s In the FICC of It podcast as Colin Lambert and Galen Stops take a long hard look at the London Stock Exchange Group’s $27 billion for Refinitiv. Not least, Stops wants to know, is this the trigger […]

The Libra Hearings, Part Deux

So today it was the turn of the US House Committee on Financial Services putting Facebook’s proposed cryptocurrency, libra, under the microscope, and it was a vast improvement on yesterday’s hearing in the Senate. If you haven’t read the key takeaways from that hearing, you can find them here. Full disclosure: I had to run […]

Key Takeaways from Day One of the Libra Hearings

The US Senate Committee on Banking, Housing and Urban Affairs today held a hearing examining Facebook’s proposed cryptocurrency, libra, and I almost filled up a whole notebook taking notes, which I’ll try and distill into something coherent now. It was fairly compelling, although frequently frustrating and sometimes amusing, stuff. Firstly, it’s worth noting that the […]

New CFTC Chair Vows to “Hit the Ground Running”

As he begins his term today as the 14th chairman of the US Commodity Futures Trading Commission (CFTC), Heath Tarbert says that he intends to “hit the ground running”. “America’s futures, swaps, and options markets are the global standard. Their integrity is essential to the economic security of every American, particularly our farmers and ranchers. […]

Seed CX Subsidiaries Granted Virtual Currency Licenses

Two of Seed CX’s subsidiaries, Seed Digital Commodities Market (SDCM) and Zero Hash, have received approval from the New York Department of Financial Services (NYDFS) for a virtual currency license. Seed CX, through its subsidiaries, offers an exchange for institutional trading and settlement of fiat and digital asset products. The firm also plans to offer […]