LONDON - Bank of England Governor Mark Carney said on Tuesday that currency dealers should face the same tough market-abuse rules that govern share and bond trading, adding to scrutiny of London’s $5 trillion-a-day foreign-exchange market.
The global spot foreign exchange market, dominated by the London, is unregulated, unlike the tighter restrictions placed on those who trade shares and bonds. ESMA flagged difficulties in regulating such a huge market and suggested that a new global code of conduct aimed at cracking down on abuses should be given more time to bed down.
Hedge funds sometimes sell assets like currencies, stocks and bonds that they do not own, hoping they can cover their positions after the price falls, pocketing the difference as a profit.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Smartest Person in the Room.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Wall Street faces a tough earnings season: 'Caution probably makes sense right now'As the season kicks into gear this week, S&P 500 firms are expected to report a 4.6% earnings decline over the same period a year ago Saudi Arabia looking and Search for ARM chemical from Russia to use to killing people on Yemen so do know what rizan 🤔.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Global stocks are dropping on trade war worries after China reportedly wants more talks before signing Trump's deal'Turns out the deal was fake news,' Neil Wilson, chief markets analyst at Markets.com tweeted. If they delay, 30% tariffs on they way. Because they have him over a barrel. He’s desperate for a deal after the disaster in Syria and they know it. They will squeeze him and he’ll fold
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Six Affordable Airlines To Fly In Business ClassThe business class section of the market is incredibly competitive as airlines are pushing harder than ever to take a share of the premium traveler market. I call ur BS on this Forbes. I have flown TAP many times over all through the season and I can't find one flight less then $1300 on business.
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »
Trade war fallout is holding market 'hostage,' top investor saysBryn Mawr's Jeffrey Mills believes the market needs more time to break out of its slump. TradingNation Our mission at is to build the social media platform that ends fake news TradingNation Don't let this distract you from the fact that the SPX completed a Head and Shoulders pattern.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »