"The Apex Bank noted that the wide gap between the official and interbank value of the naira had engendered undesirable practices, including round tripping, speculative demand, rent seeking, spurious demand and inefficient use of scarce foreign exchange resources by economic agents" - Ibrahim Mu’Azu, Director of Corporate Communications, Apex Bank
Read moreU.S. Commodity Futures Trading Commission (CFTC) Commissioner Sharon Y. Bowen today announced the members of the CFTC’s Market Risk Advisory Committee (MRAC). Commissioner Bowen is the sponsor of this advisory committee. “I am very pleased with the breadth and depth of talent that will be present on the Committee. Our members bring valuable expertise and…
Read moreBritish regulator to investigate competition in investment and corporate banking services following review of wholesale markets, including a lack of client clearing on OTC derivative markets
Read moreTraders and developers can now utilize the facility to rent applications, which include strategy tools, EAs, robots and ancillary software via MetaTrader Market, with traders able to evaluate apps on a live account without the expense of purchase, and developers able to offer their software for rent, appealing to a wider audience
Read moreComplex trading algorithms can be created by traders without the use of a coding language via FxPro's Quant Strategy Builder.
Read moreChikara FX, a firm which provides provides offshore futures and commodities, is not licensed by the Ontario Securities Commission to carry out business in the Canadian province of Ontario
Read moreAustralia based research firm Investment Trends has published an updated report on FX and CFD trading in its home market. Overall, FX trading has dipped slightly down under (in the 12 months leading up to November 2014), with 49,000 investors placing at least one FX trade through an Australian provider, down from 51,000 in 2013 -…
Read moreFXCM Inc saw a 12% drop in US retail client assets - before the events of January 15.
Read moreFxPulp's license has been suspended by CySec, with a 10 day period having been provided for the firm to comply with irregularities highlighted by the regulator. During this period, the firm must return client funds and profits
Read moreJust officially announced, VISA's European Board of Directors has granted VISA Principal Member status to payment processing company ECommPay. ECommPay creates bespoke payment solutions for e-Commerce merchants, enabling them to make and to accept payments via VISA/MasterCard and China Union Pay bankcards, as well as through popular alternative payment systems. The newly acquired status demonstrates…
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