UK bond tape runs live as the EU finishes picking providers

UK bond tape runs live as the EU…

The European Union completed its consolidated tape lineup on July 6, 2026, when the European Securities and Markets Authority (ESMA) selected Etrading Software (Netherlands) B.V. for over-the-counter (OTC) derivatives — but none of the three…

USD/CHF to 0.7950 by Q3 2026: the SNB reaction-function case

USD/CHF to 0.7950 by Q3 2026: the SNB…

USD/CHF reaches 0.7950 by September 30, 2026 in the base case, 0.8300 in the dollar-bull case, and 0.7650 in the franc-bull case, with the Swiss National Bank's stated intervention reaction function — not the 362-basis-point…

Visa, Mastercard and Amex join x402 body for agentic payments

Visa, Mastercard and Amex join x402 body for…

The three companies that spent 60 years building closed, proprietary card rails have just signed up to help govern an open one. Visa, Mastercard and American Express are premier members of the x402 Foundation, the…