September 01, 2014 BY Andrew Saks-McLeod
September 01, 2014 BY Andrew Saks-McLeod
Former Integral Development Corporation executive Noel Singh joins ABN AMRO Clearing Bank
In his career in FX which spans over 20 years, Noel Singh joins ABN AMRO this week as Product Consultant
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September 01, 2014 BY Mike Fox
Swissquote Daily Technical Report: GBP/USD - Challenging its declining trendline
In Swissquote’s Monday 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 GBP/USD. To view and download the entire report, click here (PDF). EUR/USD: Approaching the key support at 1.3105 • EUR/USD continues to move lower and is now close to…
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September 01, 2014 BY Andrew Saks-McLeod
Russia looks toward European and American alignment as IXcellerate datacenter prepares for expansion
Russia gained a step forward in bringing ruble liquidity and trading on its venues to an international audience last year when point to point connectivity took Moscow closer to the financial centers of the world. With a new datacenter expansion, Russia continues to pull forward
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September 01, 2014 BY Andrew Saks-McLeod
ASIC goes soft on Goldman Sachs with minuscule penalty for incorrect entry of orders
Whilst well renowned for maintaining keen jurisdiction over non-bank electronic trading firms, ASIC has issued a $35,000 penalty to Goldman Sachs for an erroneous trade execution, contrasting from the far more punitive penalties issued to banks by US authorities
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September 01, 2014 BY Mike Fox
Tokyo Financial Exchange Click365 FX up 15% from July, but still well (40%) below last year
Tokyo Financial Exchange (TFX) reported Click 365 FX August metrics today, and the results are even better than July with 1,968,579 (+15.1% MoM) total volume with a daily average of 93,741 (25.7% increase MoM). The total trading volume of Exchange FX Margin contracts (Click 365) last month (July) was 1,710,892 and its average daily trading…
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September 01, 2014 BY Mike Fox
KCG Hotspot reports 20% MoM increase in August FX volume to $28.9 billion ADV
August trading is done and in the books for KCG Holdings (NYSE: KCG), which brings us to volumes. KCG Hotspot is reporting totals of $28.9B ADV, this is a 20% gain over July's $23.9 ADV; and eerily close to August 2013's $28B, but an increase nonetheless of 3.2% YoY. Together, August was a great month…
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September 01, 2014 BY Mike Fox
CFTC charges California resident Ralph Metters with Forex fraud
Federal court issues emergency order freezing assets and protecting books and records of Metters
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September 01, 2014 BY Mike Fox
Forex Weekly Look Back
ETX Capital management on Ariel acquisition | https://www.leaprate.com/Qg8wB Interest in CIF licenses grows whilst FX brokers shun Cyprus | https://www.leaprate.com/P5OIb AxiTrader introduces MT4 NexGen | https://www.leaprate.com/6RZiy 10 ways to improve broker marketing ROI | https://www.leaprate.com/Rz4ml London Capital Group H1 2014 revenues drop below £10 million | https://www.leaprate.com/u5mha Russian FX regulatory organisation recommends max leverage of…
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August 31, 2014 BY Andrew Saks-McLeod
Breaking News: Traders Trust acquires clients of Cypriot Forex broker JFX
Following a transaction which took place earlier this month, Traders Trust has officially announced that it has taken over the client base of JFX markets in Cyprus
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