Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has managed to end 2015 on a positive note – at least, this is suggested by the robust FX trading numbers that the company has just reported for December 2015. Average daily volumes for FX&Credit exchange-traded contracts amounted to 47,000 contracts in December…
Read moreThe following article is provided by Kathy Lien, Managing Director of FX Strategy for BK Asset Management -- During the North American trading session yesterday, the U.S. dollar and Japanese Yen held onto their gains, reflecting the continued anxiety felt by many forex traders. Although Chinese stocks stabilized overnight and the Dow Jones Industrial Average…
Read moreToday The Financial Times (FT) made note that the gap between the Chinese renminbi’s two exchange rates (offshore RMB and onshore RMB) has widened to a record spread. This has fueled speculation that China intends to allow its currency to fall at a faster rate than has previously been seen. Since August, the People's Bank of China (PBoC) said…
Read moreFidessa Group plc (LON:FDSA), a provider of trading, investment and information solutions for financial companies, is making another step towards boosting its Asian business network via a partnership with Maybank Kim Eng, which has been active in Asia for more than 40 years. The company today announced that Maybank Kim Eng, which provides services in…
Read moreMulti-asset trading and investment services provide Saxo Bank has just posted its key operating metrics for the last month of 2015, with the month showing a slight month-on-month rise in overall Forex volumes and a slight month-on-month drop in average daily volumes. Saxo Bank reported monthly Forex volumes of $226 billion for December 2015, a reading…
Read moreRetail oriented Forex broker OctaFX notified clients today regarding their release of an MT4 web-platform that allows a client to trade from any browser on any operating system with the well-known interface of any desktop Metatrader 4 platform. All major tools are available including one-click trading and chart trading. Through the Metatrader 4 web-platform a user doesn’t…
Read moreJapanese Forex giant GMO Click Securities, part of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for December 2015, with the data revealing robust increases in both OTC and on-exchange Forex trading volumes when compared with November 2015 levels. Let's take a look at the particular metrics for December 2015: GMO…
Read moreThe following guest post is courtesy of eToro, a leading social trading and investment network. [divide] Social trading is looking more and more like the future of online trading and investment. It is definitely transforming the way that millions of ordinary people are managing their money and investing for the future. Investors are attracted by…
Read moreFinally, some good news from FXCM Inc (NYSE:FXCM). The global forex broker, which has spent most of the past year selling assets and dealing with the fallout of last January's Swiss Franc spike and the $275 million loss it caused at FXCM, has announced what it calls a new partnership with German Forex and CFD broker…
Read moreThe Futures Industry Association of Japan (FIA Japan) has released the January 2016 edition of its bimonthly newsletter, offering interesting insights into the Japanese online trading sector. The report includes an announcement regarding the launch of a new on-exchange Forex margin trading service - Click 365 LARGE. On November 30, 2015, Tokyo Financial Exchange Inc.…
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