Kristoffer John Watts was sentenced to a two year jail term, with 21 months suspended for manipulation of CFDs.
Read moreOn a side note today, the AP is reporting that Greenpeace, an international NGO environmental group has acknowledged losing 3.8 million euros ($5.2 million) on a bet the euro would not strengthen against other currencies in 2013— but it did. The environmental group said the money was lost by an employee who acted beyond the…
Read moreThe CLS settlement service has seen May FX volumes drop a tad. The average daily volume submitted to CLS, combining the settlement and aggregation services, was 977,460 down 0.7% from 983,850 in April. Further, average daily value dropped roughly 0.6% from April with the average daily value of matched trading instructions submitted during last month coming out at $4.82 trillion which is also down…
Read moreThe DGCX will launch new FX derivatives in addition to a spot gold contract between now and the end of the year, said Gary Anderson, CEO of DGCX, in an interview with Gulf News.
Read moreDukascopy Bank will welcome top FX traders to its Geneva Forex Event on June 20.
Read moreFlexTrade deploys MaxxTrader STP platform at Singaporean firm, putting the western company firmly among the giants of Asia's largest institutional FX center.
Read moreTradency continues to increase its presence worldwide as Mirror Trader's popularity among FX brokers with custom and in-house platforms increases
Read moreAfter several months of lackluster FX trading volumes on the heels of low volatility in the currency markets, finally a ray of hope. The CME Group (NASDAQ:CME), the world's largest derivatives marketplace, has reported that it saw record trading volumes for British pound (GBPUSD) futures contracts this past Thursday June 12. British pound futures volume reached…
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