August 19, 2014 BY Mike Fox

ParFX named Technology Project of the Year in The Banker magazine

ParFX, the wholesale electronic trading platform delivering renewed transparency and equality in global spot FX, has been named Technology Project of the Year in the Dealing/Trading category by The Banker magazine, in recognition of its success in introducing fairness and equality into the world’s largest financial market – Forex. Created by the market, for the…

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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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