The EURUSD took a significant tumble following today's announcement that Germany had rejected Greece's repayment extension proposals, with the European central currency declining a whole cent by 9,00am
Read moreJanuary's FX settlement and aggregation figures show that CLS Group's order flow increased during a month of high volatility
Read morePaul Orford takes a look at the media coverage of the allegations against HSBC, in that Peter Oborne claimed that the Daily Telegraph's management had deliberately supressed stories in order to retain a valuable advertising account. Mr. Oborne outlined that one former Telegraph executive told him HSBC was “the advertiser you literally cannot afford to offend.”
Read moreFingerprint recognition for access to electronic or online accounts offers about as much security as "leaving your house keys under the front doormat" states Professor Mike Jackson, a cybersecurity expert at Birmingham City University
Read moreAfter 5 years of legal wrangling, former owners of collapsed FX firm Crown Currency attended Southwark Crown Court yesterday. The prosecution has added theft of gold bars to the initial charges of fraud, as the company continued to accept deposits of £2 million in the advent of its demise, whilst co-owner Peter Benstead left for France with 11 KG of gold
Read more"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
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