Archive for forex SmartBlogs

ICAP has announced the successful completion of a proof-of-technology test of a distributed ledger using blockchain. The technology could potentially be a game-changer for trading operations while maintaining the capability of meeting current, stringent regulatory standards, according to the company. The test was completed on Feb. 26 by ICAP’s Post Trade Risk and Information unit, but the news was announced on the first day of the 41st Annual International Futures Industry Conference in Boca Raton, Fla..[…] Continue Reading »

Financial derivatives are sometimes a savior, but in other times, a curse. Although their earliest documented use was in the form of rice futures in the 1700s, they have grown in popularity in recent times for hedging known risks, but have also drawn criticism as a tool of speculation. American International Group, for example, lost $18 billion on credit default swaps during the financial crisis.[…] Continue Reading »