Western company Horizon Software yesterday became the first vendor to offer an options trading system in China's mainland
Read moreMatomy Media Group has advised investors in London during the past few days that it will raise $75 million at a company value of $350 million, highlighting the success of Israel's network of firms providing service to the FX industry.
Read moreIntercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced Monday that ICE Chairman and CEO Jeffrey Sprecher will appear before the U.S. Senate Banking, Housing and Urban Affairs Committee Tuesday to participate on an equity market structure panel. The hearing is scheduled for 10 am ET on Tuesday, July 8 in room 538 of the Dirksen Senate Office Building and the…
Read moreThe Bank of Korea said the People’s Bank of China has appointed the Bank of Communications Ltd. as a clearing bank for the direct won-yuan trading in Korea, which we reported on last week. Bank of Communications was founded in 1908, and is one of the largest banks in China. Chinese President Xi Jinping and his…
Read moreFrankfurt’s establishment as one of the Eurozone’s first offshore clearing hub for RMB trade settlement along with the city of London will be a huge boost to European corporations trading with China, especially those that are mid-sized, a senior Commerzbank official says. Frank-Oliver Wolf, Global Head of Cash Management and International Business at Commerzbank, comments: “The…
Read moreAfter hitting rock bottom in April with a multi-year low reported in client assets, US retail forex brokers recovered somewhat in May to post a 1% overall increase in assets held to just a shade under $600 million. US forex sector leader FXCM increased its lead over rivals Gain Capital (Forex.com) and Oanda, formally absorbing…
Read moreRussian self-regulatory authority TSRFIN states that if FX is to be regulated, it should be via combined effort between professional market participants and the central bank.
Read moreThe pressure is on to comply with G20 commitments for over-the-counter derivative instruments
Read moreDukascopy furthers its range of technological innovations which are aimed to engage traders as social signal trading becomes available on live accounts
Read moreEurope's financial regulators are following in North America's footsteps one year later, as Keler CCP becomes the ninth central counterparty to be authorized under the new EMIR rulings for OTC derivatives, including FX.
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