18 November 2014

FX Fixing Window Set for Widening to Reduce Propensity for Market Manipulation

As various proposals are implemented to reduce the propensity for FX manipulation, WM Company takes the simple step of widening the fixing window to 5 minutes. Does a wider window reduce the chance of collusion?


17 November 2014

Another Bout of US Dollar Strength KO's Commodities

Ongoing macroeconomic and geopolitical themes are pushing several asset classes to multi-year highs (lows) and causing significant angst amongst investors.


12 November 2014

Despite the Regulatory Rigmarole, It’s All Just Business For the FX Riggers and the Market Triggers

The 'Trifecta' of regulatory agencies has missed one thing: front-office bankers are working in a savagely competitive environment founded on a hierarchy that breeds the desire to cheat. 



5 November 2014

Tax Evasion Crackdown Hits the Buffers as Smoking-Gun-Wielding Banker Is Found Innocent

In a blow to attempts to restrain rampant tax evasion, a Senior ex-UBS banker is acquitted of defrauding the US government by helping UBS conceal $20 Billion. The difference between tax avoidance and tax evasion is the thickness of a prison wall.