Month: July 2024

Business Demarcation Liquidity Providers Versus Prime-of-prime Brokers

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Brokers and liquidity suppliers are two key individuals who collaborate to keep the FX market working. Whereas brokers are liable for connecting traders with the market, LPs present the actual foreign money that’s being traded. This article will look closely at how these two important gamers work together to maintain the FX market moving. In …

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How to Account for Gain and Loss Contingencies

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Similarly, the guidance in ASC 460 on accounting for guarantee liabilities, which has existed for two decades, is often difficult to apply because the determination of whether an arrangement constitutes a guarantee is complex. Additionally, the Company has identified potential environmental liabilities at its location(s) facilities, related to specific environmental concerns, e.g., contamination, cleanup. While …

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