New currency pairs for which rates are provided, including EUR/USD and CNY/RUB Starting today the Moscow Exchange has announced that it is changing the methodology of calculation of Moscow FX fixings, and in addition to the already priced USD/RUB, it introduces fixing prices for EUR/RUB, EUR/USD and CNY/RUB. The move comes at a time when…
Read moreOption Ground, Finopex and EasyXP unite into Regaloptions and choose Tradologic’s platform Three ex-clients of TechFinancial – Option Ground, Finopex and EasyXP will be rebranded under a common name "RegalOptions" and have switched their platform provider to Tradologic. After Tradologic got on board the major binary options label Cedar Finance in July and FXTrade Japan…
Read moreHowever the increase was not as large as expected, given what we knew about GFT's pre-merger volume metrics. As we reported several weeks back, forex broker Gain Capital (NYSE:GCAP) closed its acquisition of rival GFT at the end of September -- meaning that October would be the first full month where we see the volumes…
Read moreShare prices rally 6.25% on dividend announcement Hong Kong listed medium sized brokerage KVB Kunlun (HKG:8077) has announced that during the third quarter of 2013 it has reported a marked decline in revenue numbers from last quarter. While being in line with the trend observed in the rest of the industry, the revenue numbers have declined a whopping 42% from…
Read moreThe newest part of the platform makes risk management look simple The trading performance tracking website Tradeslide has implemented yet another tool into its powerful analyzing environment – the Tradeslide Risk Manager. The tool is aimed at helping traders keep track of their account equity curve, program certain simulations and in the end obtain better…
Read moreWas the 4pm fix mechanism just inviting manipulation by greedy traders and banks? Last week, in an interesting piece called “The forex market is designed to encourage crime” the Financial Times newspaper picked up on an important issue. Written from a forex industry outsider's perspective (the author's first complaint was the 30% spread in buying or…
Read moreVarious media reports are that binary options broker iOption has shut down and laid off its employees, just days after formally receiving its CySEC CIF license. Israel business newspaper Calcalist has reported today that binary options broker iOption has shut down. The report would not be too unusual -- there simply isn't room for every…
Read moreAC Markets and MIG Bank will soon redirect to Swissquote.com/fx. Leading Swiss forex broker Swissquote has sent a note to clients that it will soon eliminate the www.ac-markets.com website, which it has kept live since its acquisition of rival Swiss broker AC Markets three years ago. As most of Swissquote's eForex business was based on its…
Read moreMT4 brokerages are getting an expanded series of platforms that they can use Financial trading software provider Ariel Communications has partnered with Gold-i to offer an integrated solution for MT4 brokers to offer their Ariel ITrade Dealer Suite. This starts an alternative for brokers who now have access to Ariel’s advanced Dealer suite without having…
Read moreShift Forex is hosting the first Latin America forex industry conference in Santiago Chile on December 3. LeapRate Meets is a series of interviews with interesting personalities in the forex world. If you would like to suggest an interviewee or topic, or if you would like to be interviewed, please contact us and provide details.…
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