August 28, 2014 BY Mike Fox
European financial hubs continue to position for Renminbi future
EU now makes up 10% of global offshore renminbi market
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August 28, 2014 BY Mike Fox
Swissquote Daily Technical Report: EUR/USD – Weak recovery bounce
In Swissquote’s Thursday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and USD/JPY. To view and download the entire report, click here (PDF). EUR/USD: Weak recovery bounce • EUR/USD was able to bounce of 2014 lows at 1.3153 yet buying pressure…
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August 28, 2014 BY Mike Fox
FT: Bank FX trading revenues fall by a third
Banks earnings from Forex trading fell at their fastest rate since the global financial crisis in the first half of 2014, hit even harder than other trading areas by low volatility and volumes.
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August 28, 2014 BY Gerald Segal
CME Group promotes John Pietrowicz from within as new CFO
CME Group Promotes John Pietrowicz to Chief Financial Officer; Announces Retirement of Jamie Parisi
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August 27, 2014 BY Andrew Saks-McLeod
Guest Editorial: 10 ways to improve broker marketing ROI when volatility is down
MediaGroup London’s Bart Burggraaf discusses some of the ways brokers can increase the ROI of their marketing when volatility is down, as is the case right now
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August 27, 2014 BY Mike Fox
TWSE completes rollout of second generation FAST System
The Taiwan Financial Supervisory Commission recently introduced regulatory changes that allow investors to conduct day trading and allow issuers to introduce innovative products such as commodity ETFs, inverse/leverage ETFs, and potentially, multi-currency products to the Taiwan market.
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August 27, 2014 BY Andrew Saks-McLeod
IBFX discontinues Connect social trading platform
Despite continued interest from retail FX firms in social trading platforms to increase lifetime value and reduce retention costs, IBFX quietly cans Connect, leaving clients to choose between Currensee and Zulutrade
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August 27, 2014 BY Andrew Saks-McLeod
Merrill Lynch falls foul of CFTC order for supervision irregularities resulting in $1.2 million fine
US banking giant paid $318 million in exchange and clearing fees to the CME and Chicago Board of Trade, but had unexplained over-accruals of approximately $451,318 from 196 clients
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August 27, 2014 BY Mike Fox
X Open Hub is looking for students or recent grads to break into Forex trading industry
X Open Hub, a fully regulated London-based firm, licensed by the UK Financial Conduct Authority (FCA) which provides open trading technology to financial institutions and retail brokerage firms around the world announced today it is now providing opportunities for university students and recent graduates to undertake an internship placement at it's offices in London in…
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