It used to be that a risk-off trading environment meant a rush to buy US Dollars as the 'safe haven' currency. Not so much any more. For the first time since early November, the Euro is worth more than USD $1.10, as a very jittery market continues to dump commodities (in particular oil) and equities, and…
Read moreOANDA Corporation, a global provider of Forex and CFD trading services, today released an updated version of its fxTrade mobile application for Android devices. The enhancements seek to improve the overall trading experience, with the bulk of them focusing on simplifying navigation and work with charts. The list of enhancements includes: Tap current price arrow…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), an international brokerage company servicing the financial and real estate markets, today announced the appointment of Yann Le Gallais as Managing Director and Head of BGC's Swiss offices. In his new role, Mr. Le Gallais is responsible for further developing BGC's business by offering a variety of products and services to…
Read moreThe Foreign Exchange Professionals Association (FXPA), a Forex body that started operations in September 2014, today announced that it would be offering additional institutional categories of membership effective January 1, 2016. The new Associate level categories will welcome smaller buy side and technology firms, as well as regional and private banks. Associate Member categories are…
Read moreTradermade Systems Ltd., a provider of real-time market data and proprietary analytics software to central banks, leading corporations, financial institutions and individual traders, today announced the release of FX Navigator powered by TraderMade, an institutional-grade analytical tool for Forex traders. FX Navigator powered by TraderMade features a wealth of capabilities, including: Comprehensive charting and technical…
Read moreThe Central Bank of Ireland (CBI) announced today that it had reached a settlement with Lambay Capital Limited aka MKW Futures over the investment firm's violations of the Capital Requirements regulations (CRR) and the MiFID regulations. As a result of the settlement, dated December 1, 2015, the firm, which is authorized by the CBI to…
Read moreDubai Gold & Commodities Exchange (DGCX) has just reported its operating metrics for November 2015, with trading volumes staging a steep rise year on year, fuelled by continued demand for hydrocarbons and Indian Rupee-based products. Overall trading volumes for November 2015 staged a 41% increase from November 2014, offering the Exchange a good piece of…
Read moreGulliver FX Limited, the UK Forex broker owned by Yahoo Japan Corporation (TYO:4689), has just filed its financial report for the full year to March 31, 2015, shedding light on the circumstances that led it to the decision to cease operations. To summarize these reasons: highly competitive environment in the UK, hefty trading losses, lack…
Read moreTaiwan Futures Exchange (TAIFEX) has just reported its operating metrics for November 2015 and although overall trading volumes rose in both monthly and annual terms, RMB futures volumes took a dive after a rather strong October. Overall trading volumes at the Exchange rose 27.2% against October 2015 levels to 25,646,980 contracts. The rise in annual…
Read moreFor followers of bitcoin the name Satoshi Nakamoto is well known as the pseudonym of the mysterious person or group of people who authored the paper, protocol and software that gave rise to bitcoin. Now it looks like according the latest reports coming from Reuters Australian police have raided Sydney home of the possible bitcoin creator. Will this…
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