Sentence examples for benchmark exchange from inspiring English sources

The news from Nortel helped pull the Canadian benchmark exchange to a two-month low, but major United States stock indexes fell only slightly.

Australia's benchmark exchange rose 0.9 percent after the central bank raised its benchmark interest rate by a quarter percentage point, to 4.25 percent.

Britain's Financial Conduct Authority said that traders at the banks had colluded to rig important benchmark exchange rates between 2008 and 2013.

The allegations involve collusion among the banks' traders to fix benchmark exchange rates in their favor, resulting in higher costs for pension funds, mutual funds, multinational corporations and other bank clients that routinely buy and sell currencies.

"Various regulatory and enforcement authorities have indicated they are investigating foreign-exchange trading, including possible attempts to manipulate certain benchmark currency exchange rates or engage in other activities that would benefit their trading positions," the bank said.

In a statement released alongside its quarterly results on Wednesday, Barclays said: "Various regulatory and enforcement authorities have indicated they are investigating foreign-exchange trading, including possible attempts to manipulate certain benchmark currency exchange rates or engage in other activities that would benefit their trading positions.

Benchmark foreign exchange rates, known as the WM/Reuters benchmark, were set every day at 4pm in London.

Benchmark foreign exchange rates are used to price $5.3trn £3.3trnn) a day worth of investments and deals across the global financial markets.

Regulators have been looking into accusations that traders rigged the so-called WM/Reuters rates and other benchmark foreign exchange rates used by fund managers to calculate the value of their holdings and by index providers like the FTSE Group.

The morphology of the benchmark proton exchange membrane (PEM) material, Nafion®, has been most widely investigated; however, there has been a recent surge in the development of novel alternative materials with widely varying chemistries, polymer architectures, and morphologies.

FINANCIAL TIMES Rigging Currency Rates for Profit  |  Bloomberg News reports: "Traders at some of the world's biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the practice".