Foreign Exchange Market Archives - CFO

Barclays Fined $150M Over ‘Last Look’ System

Risk & Compliance

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.

By Matthew Heller | November 19, 2015

Currency Trader Faces Onerous Loan Terms

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?

By Katie Kuehner-Hebert | January 20, 2015

Banks Clamping Down on Unethical Currency Traders

Risk Management

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.

By Iris Dorbian | September 16, 2014

Are Bankers Overcharging for FX Transactions?

Global Business

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.

By Vincent Ryan | June 23, 2014

Only Half of Companies Hedging Currency and Other Risks

Risk Management

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.

By Vincent Ryan | October 17, 2013

Much Ado About the Euro

Banking & Capital Markets

Much Ado About the Euro

Today it's Europe's problem -- Tomorrow, it's the world's.

By John Xenakis | April 1, 1998