WASHINGTON, DC--The Oct. 16 surprise cut in interest rates by the Federal Reserve Board tested the mettle of the major financial newswires. With the Fed keeping a level playing field in terms of the timing of the announcement, the news services faced the challenge of how to distinguish themselves.
While the mainstream wires played it safe, one of the niche providers, Market News Service (MNS), which specialises in its coverage of the Fed, got the chance to demonstrate its value.
Tony Mace, man
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails