Forex Rates Might Come Under Global Regulator Scrutiny

14JunJune 14, 2013

Forex Rates Might Come Under Global Regulator Scrutiny

Forex rates might be brought under a global regulator’s purview, amid concerns over the recent benchmark-rate setting scandal, reports Bloomberg.

Traders at some of the world’s leading banks have reportedly engaged in manipulative practices to rig forex rates. The banks’ employees have been accused of rigging WM/Reuters rates before and during . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.

Author

Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

27JunJune 27, 2013

Hedge Funds Event Driven Strategies Outstrip In May 2013

By VW Staff

Event driven hedge funds have outperformed other strategies in May 2013, posting net returns of 2.10 percent, bringing the year to date performance to 7.60 percent, according to research... read more

16JunJune 16, 2014

NQ Mobile Inc (NQ) CEO: ‘Toughest 8 Months’ [Internal Memo]

NQ Mobile Inc (ADR) (NYSE:NQ) has had a brutally difficult year, going from a market favorite with a stock price of $25 and rising in October, to the target... read more

31MarMarch 31, 2016

Saudi Arabia’s FX Reserves Drop To Four-Year Low Amid Oil Price Collapse

By Rupert Hargreaves

Saudi Arabia's FX Reserves Drop To Four-Year Low Saudi Arabia’s FX reserves dropped for the 13th consecutive month during February as below oil prices continue to weigh on the Kingdom’s... read more

15JulJuly 15, 2015

HFT Firms Aren't 'Fair Weather Liquidity Suppliers': Study

A major part of the high frequency trading (HFT) debate is whether the liquidity that HFT firms provide will evaporate when there is a crisis. Market makers have never... read more

25JulJuly 25, 2013

Hershey Co (HSY) Earnings Beat Estimates By A Penny

By VW Staff

Hershey Co (NYSE:HSY) released its earnings report for the three months through June 30 this morning before the market opened on Wall Street. The company showed that it earned... read more

29AugAugust 29, 2014

Europe One Reason For US Corporate Revenue Growth

By Mark Melin

US Stocks, as measured by the major indices, are headed for their biggest monthly gains since February – and Europe could be a reason, cites research from FactSet. Never mind... read more

27OctOctober 27, 2014

Could the Taylor Rule Have Prevented The Housing Bubble?

By Guest Post

Mateusz Machaj, PhD in economics, is a founder of the Polish Ludwig von Mises Institute [This is a transcript from the September 22, 2014 episode of the Tom Woods Show,... read more

16JulJuly 16, 2012

In memory of Barton Biggs

By VW Staff

A legend has passed. Money manager Barton Biggs, recently of Traxis Partners, and formerly of Morgan Stanley, passed away on July 14 at age 79. Biggs co-founded one of the first... read more

19AugAugust 19, 2013

U.S. Sees Flat M&A Market Growth In First Half

By Mani

The U.S. posted flat growth in its M&A activities during the first half of 2013, despite seeing a few blockbuster deals during the first quarter. According to ‘Deal Drivers America’... read more

16DecDecember 16, 2017

Get Ready Wall Street, Google And Amazon Are Coming

By Mark Melin

Hiromichi Mizuno, now in his third year as chief investment officer of Japan’s Government Pension Investment Fund, the world’s biggest manager of retirement savings, thinks dramatic changes are ahead for... read more