AI Hub
2 November 2024
What Led to Hedge Fund Cofounder Neil Phillips’ Conviction for Forex Manipulation?
Introduction Overview of Forex Market The foreign exchange (forex) market is the largest financial market in the world, boasting a daily trading volume exceeding $6 trillion. It operates 24 hours a day, five days a week, enabling traders, institutions, and governments to engage in currency exchange. Forex trading involves the buying and selling of currencies to profit from fluctuating exchange rates, driven by various factors including economic data, geopolitical events, and market sentiment. Importance of Regulation in Forex Trading Given the scale and complexity of the forex market, regulation is crucial to maintain market integrity and protect participants. Regulatory bodies such as the Commodity Futures Trading Commission (CFTC) in the U.S. and the Financial Conduct Authority (FCA) in the U.K. oversee market activities to prevent fraud, manipulation, and unethical practices....
Blog
22 March 2024
What Is ESG?
