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Industry groups recommend new U.S. rate benchmark
NEW YORK, May 4 (Reuters) - Two financial industry groupssaid on Wednesday they would like to see the New York FederalReserve's newly created funding rate replace the existing one asa new benchmark.
The New York Fed's overnight bank fund rate,which was launched on March 2, includes more transactions thanthe current one widely used on the federal funds market developed by interbroker dealer ICAP. (Reporting by Richard Leong; Editing by Alan Crosby)
Latest IAP News
- Friday preview: October US non-farm payrolls, Apple in focus
1 Nov 2018 - Monday broker round-up
9 Jan 2017 - Trump victory pushes up spot trading on Thomson Reuters FX platforms
6 Dec 2016 - FX volumes on ICAP's EBS platform jumped after Trump win
2 Dec 2016 - UK Dividends Calendar - Next 7 Days
1 Dec 2016 - PRESS: Tullett Prebon-ICAP Deal Signed Off By German Regulators
29 Nov 2016 - Treasuries, FX trading volumes surged on U.S. election night -ICAP
17 Nov 2016 - Former UK regulator urges Trump not to scrap Wall St reform
16 Nov 2016
Related News
Friday preview: October US non-farm payrolls, Apple in focus
(Sharecast News) - All eyes will be on the US at the end of the week as the government publishes the all-important monthly non-farm payrolls report.
Monday broker round-up
(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. B...
Trump victory pushes up spot trading on Thomson Reuters FX platforms
By Jemima Kelly LONDON, Dec 6 (Reuters) - Average daily spot trading volumes on currency trading platforms run by Thomson Reuters jumped to a five-mo...
IAP.L News
Friday preview: October US non-farm payrolls, Apple in focus
(Sharecast News) - All eyes will be on the US at the end of the week as the government publishes the all-important monthly non-farm payrolls report.
Monday broker round-up
(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. B...
Trump victory pushes up spot trading on Thomson Reuters FX platforms
By Jemima Kelly LONDON, Dec 6 (Reuters) - Average daily spot trading volumes on currency trading platforms run by Thomson Reuters jumped to a five-mo...
FX volumes on ICAP's EBS platform jumped after Trump win
Dec 2 (Reuters) - The big moves on currency markets after Donald Trump's election last month drove a 37 percent rise in average daily trading on ICAP ...
UK Dividends Calendar - Next 7 Days
Treasuries, FX trading volumes surged on U.S. election night -ICAP
LONDON, Nov 17 (Reuters) - Trading platforms run by London-based ICAP saw the second biggest volume of business in U.S. Treasuries on record and a dou...
Former UK regulator urges Trump not to scrap Wall St reform
* Adair Turner one of architects of new banking rules * UBS, Barclays CEOs don't see big rollback in regulation * ICAP CEO says Dodd-Frank repeal woul...
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