This last Friday, November 16, The Treasury issued a final determination signed by Timothy Geithner that foreign exchange swaps and forwards are exempt from the central clearing and exchange trading provisions of the Dodd-Frank Act amendment of the CEA (The Commodity Exchange Act). I would encourage everyone who has an interest to read the determination as the […]
I noticed today that Saxo Bank announced it was launching a Trading Keypad. I am kind of surprised that it didn’t already have one given how long they have been in the market. Reflecting on this reminded me of the day we announced our own keypad in 2008 which is so far back it is no longer […]
No real Insight here but appropriate on election day to reflect on its potential impact on the FX market. Dodd-Frank tops this list, as it did when I discussed FX forwards and swaps with many Liquidity Providers last week. Good luck to the candidates!