A Kenyan forex trader is petitioning the government to roll out rules governing the forex industry in order to shield participants from extortion by law enforcement officials...
The world's top banks have backed the bulk of recommendations from regulators to reform the setting of the leading global currency benchmark following allegations of market rigging, making changes inevitable. The $5...
The foreign exchange market (FX) is the largest, most liquid market in the world with around US$5.3 billion traded daily according to the latest Bank for International Settlements’ (BIS) triennial survey...
Approval for Foreign Direct Investment (FDI) in India will soon take a hit as the Bharatiya Janata Party (BJP) Government is working on plans to backburner the proposal as the result of an uproar from local traders...
The rise of the renminbi’s prominence to the global economy, along with China’s huge status as creditor nation, has made SAFE an increasingly important player in international forex and financial markets…...
The Securities Exchange Commission (SEC) released a draft of its 2014 Strategic Plan for public comment. The plan is technical, but the motivation is straightforward: increase investor confidence in our markets...
The US Supreme Court ruled that a computerised financial trading system cannot be patented because it is based on an 'abstract' idea...
The U.S. Securities and Exchange Commission plans to vote today on a plan that will define how far its regulations reach into a segment of the $710 trillion global swaps market. Transactions executed by foreign divisions of banks including JPMorgan Chase & Co. and Goldman Sachs Group Inc...