Swap

CORRECTED-CEE MARKETS-Stocks rise in upbeat global mood, Hungary cenbank FX swap tender on Tuesday in focus

By Tanya J. Montague 2 years ago 
 (Corrects headline and 4th paragraph to clarify the Hungarian
central bank will hold an fx swap tender on Tuesday not on
Monday)
    By Anita Komuves
    BUDAPEST, Dec 28 (Reuters) - Stocks firmed and currencies
held stable on Monday in Central Europe as market sentiment was
lifted by the Brexit deal struck over the holidays and the
launch of coronavirus vaccinations across the European Union
over the weekend. 
    Investors' mood was also lifted as U.S. President Donald
Trump on Sunday signed into law a long-awaited $2.3 trillion
pandemic aid and spending package.
    The Hungarian forint slid 0.17% to 363.50 per
euro, adding to its losses from last week.
    Investors were eyeing the foreign exchange swap tender of
the National Bank of Hungary providing euro liquidity, due on
Tuesday, a Budapest-based trader said. 
    "The implied rate of the dollar is up, as always at the end
of the year. This moved markets
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PSG and Juventus weighing summer swap of Icardi, Dybala

By Tanya J. Montague 2 years ago

The coronavirus pandemic made the summer transfer market unlike any before it, but there were still plenty of deals done, and you can check out the major ones here. The window might be closed across the top leagues in Europe, but here are the best rumours from around the globe.

TOP STORY: Icardi and Dybala swap on the cards

Calciomercato is reporting that Paris Saint-Germain and Juventus could look to swap forwards Mauro Icardi and Paulo Dybala.

This is not likely to happen as soon as January, but is something the two clubs are considering for the summer transfer window.

Icardi has been linked with Juventus many times in the past, before eventually agreeing to head to Paris from Internazionale for €50m in May, but a move back to Italy could seemingly now come to fruition.

The report also says the likelihood of this exchange will

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NFA Proposes New Promoting Prerequisite For Swap Dealers – Finance and Banking

By Tanya J. Montague 2 years ago

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United States: &#13
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NFA Proposes New Advertising and marketing Necessity For Swap Dealers &#13

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08 December 2020

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Cadwalader, Wickersham & Taft LLP&#13

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To print this posting, all you will need is to be registered or login on Mondaq.com.&#13

NFA proposed a new interpretive recognize to NFA&#13
Compliance Rule 2-9(d) (“Supervision”) that&#13
would call for swap dealers (“SDs”) and important swap&#13
participant members (“SD Users”) to build a&#13
supervisory program for the use of internet marketing components. NFA defines&#13
“promoting substance” as a standardized doc utilised to&#13
solicit a counterparty to enter into swap transactions with the SD&#13
Member.

NFA stated that an “satisfactory” supervisory technique have to&#13
include things like prepared policies and strategies for (i) examining and&#13
approving promoting materials, (ii) training workers on&#13
suitable marketing elements, and (iii) recordkeeping.&#13
In addition, NFA mentioned that such application must be “made&#13
to fairly be

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