The ruble jumped against the dollar after Russia sharply hiked its benchmark interest rate to halt a collapse in its currency. The Russian central bank raised its key interest rate to 17 percent from 10.5 percent, in a move it said was aimed at curbing increased devaluation and inflationary risks.
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) is asking for public comment on related applications submitted by LedgerX, LLC (LedgerX), for registration as a derivatives clearing organization and registration as a swap execution facility. LedgerX plans to list and clear fully collateralized, physically settled options on bitcoin. Comments should be submitted on or before January…
Read moreWith effect from December 16, USD/RUB and EUR/RUB pairs will be subject to new leverage conditions
Read more"There's no relief in sight, the mood on the market is pessimistic," said Igor Akinshin, a trader at Alfa Bank. "Any recovery in the ruble is used to buy into foreign currencies," Mr Akinshin said.
Read moreAs BMFN expands its presence globally, Noam Stiekema joins the company as Marketing Director, and details the road ahead to LeapRate
Read moreEdison Partners, one of GAIN Capital’s original investors invested approximately $3.5 million in 2001, exiting now with a 17x return on original investment.
Read moreCRFIN has added Promethius FX to its growing list of blacklisted companies for promoting high risk services to Russian clients, with promises of unrealistic returns and misleading descriptions of business activities
Read moreThe deal enables Recognia and TRADING CENTRAL to accelerate their new product development, digital & mobile delivery capabilities, and sales & service expansion to better serve their global client base.
Read moreThomson Reuters, today announced the launch of real-time electronic trading of spot and forward Malaysian Ringgit (MYR) and the Philippines Peso (PHP) on its Matching platform. The addition of the new currencies to Matching, means, onshore banks will now have access to an electronic central limit order book, providing them with more reference on pricing…
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