Today, Commissioner Summer K. Mersinger expressed concerns over the Commodity Futures Trading Commission’s Division of Clearing and Risk’s decision to … More
Category: interdealer
Retail traders fail because they are not necessary to the circulation of currency
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.
Interbank Market News Scan for 22 July 2022 at 2: 13 pm EDT
CFTC vs Esfand Boragosh: Proprietary trading is for the big boys. In Commodity Futures Trading Commission v. Esfand Baragosh, 278 … More
Interbank Market News Scan: Forex market dealers prepare for Fed monetary policy announcement ….
24 July 2021 Monetary Policy News Markets prepare for Federal Reserve policy decision The Board of Governors of the Federal … More
Interbank Market News Scan: Powell to deliver testimony before Congress on monetary policy …
14 July 2021 Federal Reserve chairman today speaks on state of monetary policy. Federal Reserve Board chairman Jerome Powell today … More
Interbank Market News Scan: The Caribbean, foreign exchange, and interdealer …
Links you should follow … Interbank. The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China’s … More
Interbank Market News Scan: Substantive revolution. New currency …
The Takeaway … The only revolution of any consequence is a bottom-up revolution. I’m not talking about changing the ass … More
Interbank Market News Scan at 2:45 pm GMT
Links you should follow … Interbank, interdealer. Interbank trading activity accounted for more than 80% of the US$3.1trn in interest-rate … More
Alton Drew, Consiglieri 