Commentary

John Turney
Traders Magazine Online News

Foreign Exchange Infrastructure: Yesterday, Today and Tomorrow

In this exclusive to Traders Magazine, John Turney, Global Head of Outsourced FX at Northern Trust, discusses the evolution of the fx infrastructure and what is to come.

Traders Poll

What is your favorite movie about trading?

Wall Street

23%

The Big Short

13%

Margin Call

6%

Equity

0%

Trading Places

38%

The Wolf of Wall Street

8%

Boiler Room

7%

Arbitrage

0%

Too Big to Fail

5%

Free Site Registration

May 31, 2001

FD's Cause Celebre

By Gregory Bresiger

The quantity and quality of financial information provided by public companies has declined because of regulation FD, according to a survey by the Securities Industry Association.

"FD has produced some benefits, but our study shows it has also imposed significant costs well in excess of those presupposed by the SEC," said Frank Fernandez, chief economist and senior vice president of research for the SIA. The trade group also charged that the reg is the cause of the near record levels of market volatility. ART-