For Canada, total turnover of FX transactions rose by 27.6% since 2016
Banks settle allegations over FX traders sharing confidential info
The regulator has filed a civil enforcement action in federal court against several Florida-based firms
The card will hold balances in multiple currencies making it useful for business travellers, snowbirds and expats
Barclays ordered to pay $342-million penalty
The traders, along with unnamed co-conspirators, are alleged to have conspired to fix prices and rig bids for the euro–U.S. dollar currency pair
French banking giant cited for “unsafe and unsound” practices in FX markets
Central banks are calling on FX industry firms to bring their trading practices in line with the principles of the code and to support its adoption
The bank was fined US$136.9 million for deficiencies in its oversight of FX traders and US$19.7-million fine for “gaps” in its compliance program for the Volcker Rule
Although FX trading activity generally declined from April to October, it was up compared with the corresponding period in 2015