August 19, 2014 BY Mike Fox

WSJ: Second ex-Rabobank trader pleads guilty over Libor

The Wall Street Journal's Anna Prior is reporting that another former yen trader for Dutch bank Rabobank Group NV has pleaded guilty to charges that he participated in a scheme to manipulate the benchmark London interbank offered rate, or Libor. The trader, U.K. citizen Paul Robson, pleaded guilty Monday in a New York federal court…

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August 19, 2014 BY Mike Fox

Swissquote Daily Technical Report: USD/CHF - Monitor the short-term declining channel

In Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/CHF and USD/CAD. To view and download (PDF) the entire report, click here. USD/CHF: Monitor the short-term declining channel • USD/CHF strengthened yesterday, erasing all the losses made…

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August 18, 2014 BY Mike Fox

BTIG LLC further expands FX trading arm, Chicago-based team opens new FX Desk

BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, announced today that it has opened a new Chicago-based FX desk with the hires of Michael Artim, Brandon Walsh and Chris Karabelas. Since establishing its global FX trading desk in New York in late 2012, BTIG has been…

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