Can FX trading in Russian currency be spurred by broad economic factors in Russia, especially bearing in mind the circumstance that surrounds one of Russia's main commodities and the industry that produces and refines it: oil. Paul Orford reports.
Read moreThe voice from within: LeapRate investigates as a series of FX brokers begin to review the leverage offered on ruble pairs. What is the industry's perspective?
Read moreThe new Cyprus Alternative Investment Fund license opened new opportunities. Advocate and Notary Tal Itzhak Ron, Chairman of Tal Ron, Drihem & Co. Law Firm, and Offshore Specialist Kovi Skier detail the finer points of the new regulatory structure
Read moreThe long arm of Australian law... Australia's financial regulator ASIC has settled with US-based online trading firm Interactive Brokers (NASDAQ:IBKR) on an agreement which will see IBKR refund $1.5 million in fees and commissions to its Australian clients which were granted margin lending facilities between 2010 and 2013. IBKR made margin loans to Australian clients…
Read moreThe 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
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