January 28, 2014 BY Gerald Segal

Leading Nordic forex bank rejects Bitcoin business on moral grounds

The news comes only a day after already ex-vice chairman of the Bitcoin Foundation was charged for money laundering conspiracy We have become accustomed to the speed at which action is shifting in the world of cryptocurrencies and specifically Bitcoin. It may come to you as no surprise that Bloomberg BusinessWeek has reported today that…

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January 28, 2014 BY Gerald Segal

FxPro SuperTrader limiting FX trading risks through automation

The company is stress testing each strategy through Monte Carlo Simulations to verify potential profitability We have already reported on FxPro’s copy trading platform SuperTrader performance since the company has started releasing monthly data compiling useful metrics into a detailed infographic. In a recent interview with Investors Chronicle, FxPro’s head of PR Angus Campbell has…

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January 28, 2014 BY Gerald Segal

New Zealand based Exness to launch web trading platform

Clients of the company will be able to place trades directly through their browser on Exness’ MT4 servers Starting today, clients of New Zealand registered rapidly growing forex brokerage Exness will have access to the new exclusive platform developed internally by the company itself. The new product offering will still be executing trades through Exness’…

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January 28, 2014 BY Gerald Segal

AvaTrade raises leverage allowed in Bitcoin trading as volatility wanes

Leverage on Bitcoin raised to 20x as Bitcoin trading risk is perceived lower. LeapRate Exclusive.... Very quietly, retail forex brokers have become more comfortable adding Bitcoin trading, while at the same time relaxing the conditions of trading for their customers. These changes are coming as Bitcoin volatility has subsided somewhat, and as traders become more…

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January 27, 2014 BY Gerald Segal

Emerging markets turmoil may lead to higher FX volumes in January

Forex volatility and volumes are rising across the board with the Japanese yen charging sharply higher We have observed one of the most tumultuous weeks in forex and equity markets in a while and rapidly depreciating emerging markets FX was on the forefront of the news wires. Carry trades have been unwinding and the Japanese…

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January 26, 2014 BY Gerald Segal

Brokerage ConvergEx says Bitcoin prices are stabilizing

JPMorgan's CEO Jamie Dimon trash talks the digital currency citing rather old media stories It almost seems as if the days when we saw gargantuan moves in Bitcoin prices are long gone now. The market has settled down after the Chinese Bitcoin downfall in December and it has also recovered rather steadily from that too.…

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