FSB Unveils FX Benchmark Recommendations

The Walkie Talkie building at 20 Fenchurch Street London
Much of the controversy has centered on the London 4 p.m. fix, which is by far the most-used benchmark.

The FSB is an international body comprising the European Commission, Group-of-20 (G20) nations and members of its predecessor, the Financial Stability Forum (FSF), chaired by Mark Carney, governor of the Bank of England. The report analyzes the calculation methodology of benchmarks such as the London 4 p.m. fix, along with increased trading activity around the fix and how this affects market stability, as well as how potentially abusive trading can occur.

Included among its 15 primary

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

This address will be used to create your account

Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here