The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost and complexity to FCM compliance.
A new investment strategy is shaking up the sports world, and could change the future of investing if the trend accelerates. It’s called Fantex, an online brokerage that allows investors the chance to profit directly from the multi-million dollar contract of today’s biggest NFL stars. This month, we break down the profit potential and the risk management issues in this new phenomenon.
The Swiss National Bank and the People’s Bank of China agreed to establish a bilateral currency swap line, bolstering access to trade finance in the Swiss franc and strengthening the international use of the yuan.