November 06, 2014 BY Andrew Saks-McLeod
November 06, 2014 BY Andrew Saks-McLeod
GAIN Capital releases stellar figures for Q3 2014, recouping its 2nd quarter loss by substantial margin
A giant among giants, GAIN Capital's campaign of acquiring FX firms and specialist trading companies has generated a tremendous economy of scale, with results for the third quarter of this year exponentially higher than those of the third quarter of 2013 and 39% higher than the loss-making Q2
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November 06, 2014 BY Andrew Saks-McLeod
Bitcoin ATM goes live at London's Google Campus
London's "Silicon Roundabout" welcomes a fully functional Bitcoin ATM, with which to buy Bitcoins as well as refreshments at Google Campus
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November 06, 2014 BY Andrew Saks-McLeod
CFTC is so underfunded that it cannot evolve to handle Bitcoin and modern electronic markets says Chairman Massad
With the electronic trading activities at exchanges and clearing houses at the heart of cutting edge technology, and new phenomena such as Bitcoin entering the financial system, CFTC senior officials show concern that the regulators are unable to keep pace with the use, and misuse, of technology
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November 06, 2014 BY Andrew Saks-McLeod
EBS October FX volumes best since early 2013 at $129.9 billion ADV
Building further on a successful September which saw average daily volumes pass the $100 billion mark for the first time in over a year, October's average electronic brokerage volumes at EBS on a daily basis amounted to $129.9 billion
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November 06, 2014 BY Andrew Saks-McLeod
FX volumes at MONEX Group make 18.5% headway in October after strong September
FX trading volumes across MONEX Group's entire global operations for October 2014 amounted to $52.4 billion, which is a remarkable 18.5% increase over September's $43.5 billion
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November 06, 2014 BY Mike Fox
OANDA opens doors in Silicon Valley
OANDA, a global provider of forex trading services and investment products, is pleased to announce that it has opened an office in San Francisco, California. New to Silicon Valley geographically, OANDA's start-up mindset and computer engineering pedigree was introduced nearly 20 years ago. "When OANDA opened its first office in Toronto, our focus was to…
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November 06, 2014 BY Mike Fox
FCA warns against another broker soliciting clients without authorisation
UK's FCA issues a warning over the firm calling themselves Prime Financial Management Services Limited
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November 05, 2014 BY Mike Fox
Russia may ban circulation of US dollar
The State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’…
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November 05, 2014 BY Andrew Saks-McLeod
Moscow Exchange FX average daily volumes increase by 10.4% MoM in October
With Russia's markets gaining prominence across the international FX industry, Moscow Exchange's FX volumes increased significantly over September
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