Foreign Exchange Market
Barclays Fined $150M Over ‘Last Look’ System
Barclays did not seek 'to distinguish toxic order flow from instances in which prices merely happened to move in favor of the customer,' said the NYFDS.
Currency Trader Faces Onerous Loan Terms
FXCM survived the strengthening of the Swiss franc, but will it survive the loan that bailed out the company?
Banks Clamping Down on Unethical Currency Traders
After several probes revealed FX dealers are leaking customer information for profit, some top banks are reacting by introducing restrictive measures.
Are Bankers Overcharging for FX Transactions?
The Justice Department is investigating sales practices of foreign-exchange banks as part of a wider probe into FX market rigging.
Only Half of Companies Hedging Currency and Other Risks
About half of the nonfinancial companies listed on U.S. exchanges did not hedge their exposure to FX, commodity prices or interest rates last year.