A CFTC commissioner wants the regulatory agency to reach out and compromise with overseas regulators on regulating foreign risk. In a probably unrelated turn of events, EU member states reached a milestone agreement on certain bank transactions and competition between...
currency rate manipulation
John Lothian Newsletter: Traders Said to Rig Currency Rates to Profit Off Clients; Singapore seeks to roll out market circuit breakers; EOX Exchange files with CFTC for contract market designation
As if interest rate manipulation weren’t enough, now regulators are investigating claims that foreign-exchange traders at major banks manipulated currency rates via collusion in last-minute market trading. Singapore Exchange wants to add volatility circuit breakers to...
John Lothian Newsletter: Bank probes find manipulation in Singapore's offshore FX market; Goldman finds a way past Volcker with new credit fund; Swap-to-Future Conversion Has Regulators Studying Rules
Banks in Singapore, performing internal reviews, find evidence that traders there have colluded to manipulate offshore currency rates. Goldman Sachs figures out how to create a new fund that sidesteps the Volcker Rule. With many energy swaps shifting to futures...
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‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game
First Read $27,651/$300,000 (9.2%) ++++ FIA 2020 Volume Review Shows Global Growth, Geographic Evolution of Industry Suzanne Cosgrove - John Lothian News While activity in futures and options was undeterred by the pandemic in 2020, logging record volume for a third...
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JLN Options Newsletter
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‘Weaponised’ options trading turbocharges GameStop’s dizzying rally; Reddit-Fueled Traders Trigger Volatility Halts Across Market
‘Weaponised’ options trading turbocharges GameStop’s dizzying rally; Reddit-Fueled Traders Trigger Volatility Halts Across Market
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