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Home › News

July 01, 2015 BY Andrew Saks-McLeod

The world is shrinking: Forex Industry Talk Show

The FX industry, despite its global nature, has remained concentrated in specific regions which are now overtly competitive. What about penetrating entirely new areas which are full of opportunity but require development? Four industry executives take a close look

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July 01, 2015 BY Andrew Saks-McLeod

Moscow Exchange Committee held meeting regarding IT, support and operational reliability

Moscow Exchange's Committee drew attention to aspects relating to technological reliability, including backup techniques employed by brokers which would allow firms to continue working should an emergency halt in trading occur

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July 01, 2015 BY Maria Nikolova

OANDA Japan terminates offer of USD/CNY, USD/TWD

All clients of the broker who have open positions with USD/CNY and USD/TWD are asked to close these before July 17, 2015.

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July 01, 2015 BY Andrew Saks-McLeod

European officials reject Greek bailout appeal

Dutch Finance Minister Jeroen Dijsselbloem said it would be "crazy" to extend the Greek bailout beyond its midnight expiration as Athens was refusing accept the European proposals on the table

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July 01, 2015 BY Andrew Saks-McLeod

Tokyo Exchange Click365 FX volume up 38.3% in June

The total trading volume of Click365 exchange-traded FX Margin contracts in June was 3,822,266 compared with 2,764,360 contracts in May this year, a figure which was 0.9% lower than in April 2015

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July 01, 2015 BY Maria Nikolova

BGC Partners provides update on its Q2 2015 forecast

The company expects its earnings to be in the mid-point of the earlier stated guidance for the quarter to June 30, 2015.

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July 01, 2015 BY Andrew Saks-McLeod

Mobile currency specialist Monitise partners with Spain's Santander in £20 million Fintech joint venture

Each of Monitise and Santander will commit £10 million to a 50:50 joint venture to develop new Fintech and currency technologies

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July 01, 2015 BY Andrew Saks-McLeod

Hotspot FX average daily volumes at $25.7 billion in June, down 4% from May

Hotspot FX completed June with average daily volumes slightly lower than those achieved in May, itself a month with a 10% decline in daily trading activity compared with April this year

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July 01, 2015 BY Andrew Saks-McLeod

Indonesia bans all foreign currencies for domestic transactions

Bank Indonesia says the prohibition against foreign currency in domestic transactions is intended to reduce reliance on the dollar and other foreign currencies and mitigate against capital outflows

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July 01, 2015 BY Andrew Saks-McLeod

Rickshaw driver discovers bag of cash, uncovers Indian FX scam

A rickshaw driver in Bangalore, India discovered a bag left behind by a customer When the customer exited the rickshaw containing 4,100 Euros, 10,000 Malaysian Ringgits, 2.99 lakh Sri Lankan Rupees, 45,805 UAE Dirham and Rs. 11,000 in cash which an employee of an FX company in Chennai was to hand to a colleague

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