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GBP/EUR Consolidates August 2022 Top Lighthouse FX Currency Market Brief / Weekly Round-Up 10/06/2024 Exchange currency, manage FX risk and make large international payments with expert guidance +44 (0) 203 967 8796 #engineering #shipsandshipping #marketing #venturecapital #gettingthingsdone #bestadvice #travel #GBP #UK #Currency #companysecretary #manufacturer #realestateinvesting #repatriation #businessadvisory #accounting #revenue #accountspayable #internationalinvestment #globaleconomy #CrossborderTrade #inflation #retailsector #europeanmarkets #riskmanagementconsulting #markets #propertyinvestments

The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms: 1 Ranger Capital 2 TDFX 3 Inefex 4 YorkerFX 5 Growline 6 Think Markets 7 Smart Prop Trader 8 FundedNext 9 Weltrade 10 FreshForex 11 FX Road 12 DBG Markets 13 Plusonetrade Alert List (Updated as on October 22, 2024) The Alert List contains names of entities which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platform (ETP) for forex transactions under the Electronic Trading Platforms (Reserve Bank) Directions, 2018. The Alert List also contains names of entities/platforms/websites which appear to be promoting unauthorised entities/ETPs, including through advertisements of such unauthorised entities or claiming to be providing training/advisory services. This list is not exhaustive. Now there are 88 entities in this alert list... Remember as an Indian resident dealing with an unathorised person for forex transactions is illigal under Foreign Exchange Management Act ...

🔍 Examining Stablecoins, Traditional Finance, and Monetary Policy 🔍 (Based on BIS Working Papers No 1219) This report explores the complex relationship between stablecoins, money market funds, and monetary policy, revealing key insights about their interaction and potential impact on financial systems. 👉 Access the full report and key takeaways here ➡️ [https://lnkd.in/gqAevfX3] Stay informed about how these findings could shape the future of finance and financial stability. #Stablecoins #MoneyMarketFunds #MonetaryPolicy #CryptoRegulation #Finance #VARA #ADGM #Dubai

GBP Brushes Off Concerning Retail Activity Decline Lighthouse FX Currency Market Brief / Economic Bulletin 19/01/2024 Exchange currency, manage FX risk and make large international payments with expert guidance +44 (0) 203 967 8796 #engineering #shipsandshipping #marketing #venturecapital #gettingthingsdone #bestadvice #travel #GBP #UK #Currency #companysecretary #manufacturer #realestateinvesting #repatriation #businessadvisory #accounting #revenue #accountspayable #internationalinvestment #globaleconomy #CrossborderTrade #inflation #retailsector #europeanmarkets #riskmanagementconsulting #markets #propertyinvestments

Contrary to popular belief, forex trading isn't just for financial pros. With dedication and the right guidance, anyone can dive into this dynamic market. Contact PSFX for the right guidance! . . #TuesdayFacts #MythVsFact #TradingFacts #ForexFacts #ForexTradingTips #Dubai #PSFXInternational

🚀💱 Breaking new ground in Armenia’s financial sector! On June 13, the Armenia Securities Exchange's forex platform conducted its first $1.1 million transaction via the AMXTrader platform, marking a new era of transparency and efficiency in currency exchange.   Read more here 👉 https://bit.ly/3Rpvkso

Have you heard of the Herstatt risk? Let’s understand Risk that one of the parties in a foreign exchange transaction pays the currency it sold but is unable to receive the currency it had purchased. Yes, we may call it a type of settlement risk. A foreign exchange transaction is definitely involved in cross-currency settlement risk where it may be observed that one of the currency pairs is delivered whilst the other is not. Well, the terminology has been coined from the insolvency faced by the German Bank named Bankhaus Herstatt where it had to discontinue its operations in 1974 because of the huge losses it faced. What exactly happened was that the Herstatt Bank had already received Deutsche Mark (DEM); however, owing to lack of capital, the bank had to suspend all its USD payments. Owing to the time zone difference, the bank was unable to deliver USD. Therefore, then onwards, Herstatt risk represents a risk when the transactional partner is unable to settle the currency exchange. In order to deal with such a risk, a real time settlement system is used where continuous settlement of funds happen irrespective of the time difference. Thanks for reading! I’d love to know your thoughts. Stay connected to read more on risk management. 😊 #creditrisk #counterparty #currency #foreignexchange #financialriskmanagement

Today, on June 13, a foreign exchange transaction amounting to 1.1 million US dollars occurred on the AMX | Armenia Securities Exchange and Central Depository's forex platform for the first time in nearly 10 years. It should be noted that the forex platform was launched on May 2 of this year and provides a more transparent and market-based determination of the dram's value against foreign currencies. Transactions on the platform are conducted exclusively on a pre-deposit basis and anonymously, ensuring currency risk management. #FEAS #FEASMember #MemberNews #AMXNews

Understanding Financial Regulators : Full Forms ⬇ ▪ RBI - Reserve Bank of India ▪ SEBI- Securities Exchange Board of India ▪ IOSCO - International Organization of Securities Commissions ▪ BIS - Bank for International Settlements ▪ FSB - Financial Stability Board ▪ CCIL - The Clearing Corporation of India Limited ▪ FIMMDA - Fixed Income Money Market and Derivatives Association of India ▪ FEDAI - Foreign Exchange Dealer's Association of India ▪ IBA - Indian Bank Association #knowledgeexchange #FinancialRegulators

#MMSR stands for Money Market Statistical Reporting, a regulation that asks directed EU Financial Institutions to report their Money Market trade activity daily to calculate euro short-term rate (€STR). Reporting population for MMSR will be expanded by adding 24 new banks who will start reporting on 1 July 2024. The data from these new banks will be included in the €STR at a later stage. For further reading, refer to the following: https://lnkd.in/dZzWQ8bQ #RegulatoryReporting #BusinessAnalysis