fx – Lawyers Write the Bets. Bankers Sell the Bets.

August 14, 2025

Federal Court Orders New York Man to Pay Over $3.4 Million For Forex Fraud Scheme Following Summary Judgment Ruling

Federal Court Also Sanctioned the Defendant for His Misconduct in Filing Defamatory and False Allegations Against the CFTC and Threatening CFTC Counsel August 12, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Eastern District of New York entered final judgment against Daniel Winston LaMarco of New York City, imposing … Continue reading Federal Court Orders New York Man to Pay Over $3.4 Million For Forex Fraud Scheme Following Summary Judgment Ruling

February 8, 2024February 8, 2024

At 8:39 am, are EUR/USD FX options out of the money?

As of 8:39 am, at a strike price of 1.0875, the monthly call options for the EUR/USD were out of the money given the market price of 1.074. Call options on the underlying EUR/USD futures were also out of the money with futures on the currency pair quoted at 1.07655. The opposite holds for owners of … Continue reading At 8:39 am, are EUR/USD FX options out of the money?

August 11, 2023

PRESS RELEASE

The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter August 10, 2023 NEW YORK—The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2023 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the … Continue reading PRESS RELEASE