November 15, 2015 BY Mike Fox

Emerging markets Forex platform R5FX adds Indian Rupee

India is a rapidly growing major financial market and the launch of Indian Rupee on R5FX follows in-depth discussions with the Reserve Bank of India. R5FX, the emerging marketplace for local market Forex trading just announced the launch of Indian Rupee trading on its platform. Live trading is now available in Indian Rupee (INR), Brazilian…

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November 15, 2015 BY Mike Fox

Barclays Bank Tanzania launches BARX Africa FX trading platform

This week The Daily News, Tanzania's leading English newspaper reported that British multinational bank powerhouse Barclays has brought its institutional trading platform BARX Africa to Tanzania's forex market. BARX, the multi-asset class e-trading solution from Barclays provides access to FX liquidity through its own proprietary platform, via several ECNs, via FIX and DMA. BARX Africa sales is…

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November 13, 2015 BY Maria Nikolova

EU confirms Switzerland's supervision of central counterparties as equivalent

The European Commission has recognized the Swiss supervisory regime of central counterparties as equivalent to the relevant provisions applicable within the European Union (EU). The decision, which was announced today, enables Swiss central counterparties to access cross-border markets in the EU. In order for central counterparties to offer cross-border services from Switzerland within the EU,…

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November 13, 2015 BY Maria Nikolova

Alpari to hike leverage for USD/RUB, EUR/RUB pairs

Retail Forex broker Alpari today provided a nice piece of news to fans of trading in the Russian ruble (RUB). The company is introducing a set of improvements to trading conditions for the USD/RUB (US dollar vs Russian ruble) and EUR/RUB (euro vs Russian ruble) pairs, with the changes effective November 16, 2015. The maximum…

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November 13, 2015 BY Maria Nikolova

KCG sees no change in market making volumes in October

Earlier today KCG Holdings, Inc. Class A (NYSE:KCG) posted its operating metrics for October 2015, with market making volumes seeing virtually no change when compared to September 2015 levels. This is barely a piece of good news, as September saw a 15% month-on-month drop in market making volumes. In Market Making, KCG averaged $30.3 billion…

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