February 08, 2016 BY Mike Fox

Thomson Reuters spot FX volumes up 35% in January to $123B

Thomson Reuters released January Forex volume data showing daily spot trading volumes on currency trading platforms run by Thomson Reuters rebounding sharply in January from the previous month. Spot currency trading volume on Reuters platforms totaled $123 billion last month, up 35% from $91 billion in December - traditionally the lightest month of the year - and…

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February 08, 2016 BY Mike Fox

Bank of Russia says banks will need more capital for FX lending

In a bid to protect the banking sector from possible further ruble declines, The Bank of Russia officially suggested over the weekend setting increased risk ratios on FX loans and debt investments to ensure additional capital coverage of currency risks of the banking sector. In particular, an increased risk ratio equal to 1:1 is envisaged to be imposed on…

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February 08, 2016 BY Maria Nikolova

TradingView upgrades notification system

Financial visualization platform TradingView today announces that it has upgraded its notification system. After the upgrade, there are two icons on the right panel: Ideas Stream; Notifications. All updates related to ideas and people that a user follows are shown in Ideas Stream, while all likes and comments for one's ideas and new followers are…

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February 08, 2016 BY Maria Nikolova

S&P's financial data unit renamed S&P Global Market Intelligence

Effective February 7, 2016, S&P Capital IQ and SNL has rebranded as S&P Global Market Intelligence. The new name of S&P's financial data unit forms part of the integration of the two previously separate businesses, S&P Capital IQ and SNL Financial, under parent company McGraw Hill Financial Inc (NYSE:MHFI). The businesses initially combined after the…

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February 08, 2016 BY Maria Nikolova

Interactive Brokers launches “Adaptive” trading algorithm

Provider of online trading services Interactive Brokers Group, Inc. (NASDAQ:IBKR) continues to add capabilities to its Trader Workstation (TWS) platform, with the latest enhancement concerning the broker's lineup of advanced trading algorithms. A new IBalgo, "Adaptive", has been added to Interactive Brokers' growing suite of algos. This algo can be used with a limit or…

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February 08, 2016 BY Maria Nikolova

Spanish regulator CNMV warns against FXMarker, Imperial Options

Spain's financial markets watchdog CNMV earlier today added two more companies to its list of unauthorized entities targeting Spanish investors. The latest additions to the warning list are Forex broker Green Investment House Corp. (also known as FXMARKER) and binary options broker LandMark Trade Ltd. (also known as IMPERIAL OPTIONS). The regulator warns that FXMarker,…

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February 08, 2016 BY Maria Nikolova

Forex trade body FXPA names new Chair, Vice Chair

The Foreign Exchange Professionals Association (FXPA), a Forex trade body that started its operations in September 2014, has named a new Chair and Vice Chair and has announced new additions to its Board of Directors. The FXPA announces the election of Chip Lowry, Senior Managing Director of State Street Global Markets, as Chair, and Jill…

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