Euro currency traders panic as crunch time for Greece approaches - Guest Editorial
"Investors are not convinced by the current situation and we have seen euro weaken across the board; overnight during the Asia session, EUR/USD was in free-fall from 1.13s to the 1.12s and further momentum, as the EU market opened, pushed the pair lower. EUR/USD now trades at 1.1160" - Zoe Fiddes, Head of Sales, ORE
Read moreTradeNext reduces spread on dollar rupee pair
“Our decision to reduce our USD/Rupee rate is as a result of increased volumes and greater volatility we have seen over recent weeks in the emerging markets, especially in India as the nation's economy continues to swing like a pendulum" - Mohsin Jameel, CEO, Tradenext
Read morePayment system advancements continue as Feedzai and Azul Systems deploy real time fraud detection solution
“Fraud Prevention That Learns, combined with Azul Zing can handle peak load demands of up to 50,000 transactions per second, which guarantees that we can deliver the best that artificially intelligent machines can offer" Nuno Sebastiao, CEO, Feedzai
Read moreCME Clearing Europe promotes Tina Hasenpusch to CEO
As Lee Betsill prepares to return to Chicago as Managing Director of Global Clearing Operations, CME promotes COO Tina Hasenpusch to CEO at the group's European clearing operations
Read moreGMO Click share sale leads to extraordinary profit for GMO Internet
GMO Internet completes an off-exchange sale of a 4.5% stake in its securities subsidiary, generating a consolidated gain of JPY 4.7 billion ($38 million).
Read moreNFA gives The Barbashop a $50,000 haircut
The US National Futures Association has accepted a $50,000 settlement from The Barbashop LLC and its principal, Ronald T. Barba, along with certain registration conditions, following a complaint made in June relating to the firm's order allocation procedures, and use of promotional material which contained misleading information
Read moreJapan's FSA blacklists binary options broker TRAOP
Japan's Financial Services Agency says TRAOP is not registered to provide investment services to Japanese clients.
Read moreSaxo Payments partners with Allied Wallet to drive plans for global expansion
The digital payments business sector has begun to grow further with many firms looking to expand their services internationally. Saxo Payments initiative to partner with Allied Wallet intends to provide access to the worldwide markets in multiple currencies to fulfil their plans for rapid expansion
Read moreCME Group delays closure of open outcry futures trading in Chicago and New York
Due to a technical revision to its filing with the CFTC, CME Group Inc (NASDAQ:CME) today announced that it will delay the closing of its futures pits in Chicago and New York. Previously scheduled to take place on Thursday, July 2, the last day for most open outcry futures trading is now expected to take place on…
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