Bloomberg has gained an edge over Thomson Reuters in the business of providing transaction data for the rates markets.
CONTINUE READINGThe production of palm oil, the most popular vegetable oil on the planet, comes with some serious problems. In Malaysia, Indonesia and other parts of Asia, rainforests have been destroyed to create palm oil plantations, displacing endangered species and causing irreparable harm to the environment.
CONTINUE READINGOn Oct. 30, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a rulemaking proposal seeking comment on an alternative approach to calculating capital requirements for derivatives. The proposal, if adopted, would permit banks to use the "standardized approach for measuring counterparty credit risk", also known as SA-CCR, as an alternative to the current CEM methodology for calculating derivatives exposure under U.S. regulatory capital rules.
CONTINUE READINGCan one school change a country? Trevor Gile thinks so. He is one of the co-founders of the Liger Leadership Academy, a secondary school in Cambodia with an innovative and ambitious approach to education.
CONTINUE READINGMarketVoice spotlights 20 companies that typify the current wave of financial technology innovation. All 20 were selected for the Innovators Pavilion at this year's FIA Expo.
CONTINUE READINGThe Futures Industry Association, a Washington-based trade group, today released its annual report on global trading volume. The report, which measures volume based on the number of contracts traded on derivatives exchanges worldwide, indicates that more than 15 billion futures and options contracts changed hands during 2007, an increase of 28% from the previous year.
CONTINUE READINGWashington, D.C.-July 17, 2008-The Futures Industry Association today released the following statement expressing its opposition to S. 3268, the bill titled "Stop Excessive Energy Speculation Act" that is now pending in the U.S. Senate.
CONTINUE READINGMr. Chairman and Members of the Commission, my name is Mark Young. I am appearing today on behalf of the Futures Industry Association. One good thing about being on the last panel at the last hearing is that you know how the time limits will be enforced and how active the questioning will be. I have been watching. I will try to be brief.
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