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A tumultuous week in Turkish currency markets ended with the lira hitting new lows against the dollar and the Central Bank of the Republic of Turkey finally taking action to try and calm volatility. Amid such swings, a sovereign bond issue looks unlikely.
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Financial firms’ relentless push to boost their data offerings received a check this week with the release of an industry survey that indicates a decline in market data spending for 2021.
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Some of the world’s top-tier financial institutions want changes in how central counterparty clearing house (CCP) resolutions are executed.
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Turkey continued to teeter on the brink of a currency crisis this week, as the lira went on another rollercoaster ride and touched a record low.
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Investors appeared positive on Natixis's prospects after Nicolas Namias replaced François Riahi as chief executive. Meanwhile, the bank has said it will reposition its equities division after it endured another tough quarter.
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The Ukrainian Exchange is reviving its FX futures market, two years after authorities shut down its trading software system.