August 08, 2014 BY Mike Fox
USA Forex Fraud Watch: Indiana man settles SEC FX trading fraud charges
The Securities and Exchange Commission issued the following litigation release...
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August 08, 2014 BY Mike Fox
August 8th Weekly Westpac Foreign Exchange Video News
Sean Callow talks about the Australian unemployment report which drove the AUD to two month lows and created the prospect of another rate cut. He goes on to talk about factors balancing the AUD at levels above 92 cents. Pushing the AUD up are the expected positive business and consumer sentiment results and rise in…
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August 08, 2014 BY Mike Fox
MSE to use Bloomberg Terminal electronic trading system
Angar Davaasuren, CEO of the Mongolian Stock Exchange (MSE) based in Ulan Bator, had a meeting with Asian financial market representatives from Bloomberg on August 4th. The meeting covered carrying out government securities trade using the Bloomberg Terminal electronic trading platform. The Minister of Finance directed the MSE to implement 2013 Parliament Resolution No. 41…
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August 08, 2014 BY Andrew Saks-McLeod
LeapRate Interview: TopFX's Paul Orford details the important factors of Prime Brokerage
In today's LeapRate Interview, TopFX Vice President of Business Development Paul Orford looks at the important aspects to consider when operating a retail brokerage from the prime brokerage perspective
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August 08, 2014 BY Andrew Saks-McLeod
Chapdelaine FX Partners with Gold-i to Offer Liquidity to Retail Brokers
The arrangement is part of a new strategy for Chapdelaine FX to offer its institutional liquidity providers access to international retail brokers
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August 08, 2014 BY Andrew Saks-McLeod
Op Ed: Viewing a very different global FX landscape as 2014 passes halfway point
LeapRate Managing Editor Andrew Saks-McLeod takes a look at the correlation between investing in the future and corporate performance in a fluctuating year-to-year business
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August 08, 2014 BY Gerald Segal
AxiTrader hires Hans Von der Recke to head Institutional Sales
Von der Recke was previously Chief FX Dealer at Commerzbank, currency manager for the State Pension fund of New South Wales, and an IB for UBS Switzerland and DRKW Germany.
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August 08, 2014 BY Gerald Segal
FXCM sees record Institutional FX volumes in July, Retail up too
However FXCM sees Q2 Revenues drop 15% from Q1 and 30% YoY, leading to a net loss of $1.5 million for the usually-profitable broker.
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August 07, 2014 BY Mike Fox
Saxo Bank July FX volumes slide 5.7% MoM - second lowest activity since 2012
Monthly volume is down at Saxo Bank for July to $215bn from $228bn in June, a 5.7% drop. Average daily volume also fell to $9.8bn per day, from $10.8bn in June. This has been the second weakest month in terms of volume this year for many brokerages and exchanges across the FX industry, besides April's…
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August 07, 2014 BY Andrew Saks-McLeod
KVB Kunlun releases H1 results for 2014, HK$1.2M profit in Q2 versus a HK$5.8M loss in Q1
FX volumes at KVB Kunlun continue to produce lackluster results, however the company gained some ground in the second quarter of this year.
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