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Montevideo, April 20th 2024 - 05:52 UTC

Tag: Thomson Reuters

  • Wednesday, May 16th 2018 - 08:16 UTC

    Brexit: Thomson Reuters moves part of its trading business to Dublin

    The company said its foreign exchange derivatives trading business would “not be able to continue to access the EU market after the Brexit date”

    Thomson Reuters, which operates trading systems for financial institutions around the world, is moving its foreign exchange derivatives trading business to Dublin from London. The company said it was moving so that post-Brexit it would still be regulated by European Union rules and could continue to sell into the EU.

  • Wednesday, July 10th 2013 - 05:50 UTC

    NYSE takes control of LIBOR setting, following collusion from leading banks

    “This change will play a vital role in restoring the international credibility of Libor,” said Baroness Hogg

    The owner of the New York Stock Exchange is set to take control of a key scandal-hit bank interest rate. NYSE Euronext has won the contract for setting the London Inter-bank Offered Rate (Libor), a government-backed committee announced. Libor is used to set trillions of dollars of financial contracts.