Today, Commissioner Summer K. Mersinger expressed concerns over the Commodity Futures Trading Commission’s Division of Clearing and Risk’s decision to … More
The retail trader is not an integral component of this information flow. To the extent that she creates a market for a commodity, currency, that otherwise has no intrinsic value so that the transactions he engages in creates profits for a counterparty bank and taxes for the government is about as far as her relevance goes.
CFTC vs Esfand Boragosh: Proprietary trading is for the big boys. In Commodity Futures Trading Commission v. Esfand Baragosh, 278 … More
24 July 2021 Monetary Policy News Markets prepare for Federal Reserve policy decision The Board of Governors of the Federal … More
14 July 2021 Federal Reserve chairman today speaks on state of monetary policy. Federal Reserve Board chairman Jerome Powell today … More
Links you should follow … Interbank. The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China’s … More
The Takeaway … The only revolution of any consequence is a bottom-up revolution. I’m not talking about changing the ass … More
Links you should follow … Interbank, interdealer. Interbank trading activity accounted for more than 80% of the US$3.1trn in interest-rate … More