Why Institutional P2P FX May Finally Take Off
The FX market has seen a number of peer-to-peer initiatives fall by the wayside over the years. For example, in October 2019 Bloomberg reported that Vanguard was testing peer-to-peer FX via blockchain in an effort to enable asset managers to trade currencies more easily. However, the latest update on this project (when State Street, Vanguard […]
SVG Gives FX Brokers until March 10 to Show License
The Financial Services Authority of the Saint Vincent and the Grenadines (SVG) has asked existing forex brokers registered in the Island country to produce a certified copy of the requisite licenses from the jurisdictions or authorities from which their business activities are conducted. The non-bank financial services regulator also now requires prospective forex brokers that […]