Trading
Bahamas governor says exchange controls here to stay
“Difficult financial reforms” necessary before liberalisation, says Rolle
FX now a $5.3 trillion per day market, says BIS
The latest BIS triennial survey shows the UK has strengthened its grip on the FX market, while USD/JPY has seen a strong increase in trading activity
Basel Committee seeks to eliminate principal risk from FX trades
New guidance encourages banks to use payment-versus-payment systems to smooth the settlement of foreign exchange transactions