December 04, 2018 BY Valentina Kirilova

Cürex names Franz Schmidpeter Senior Managing Director, Head of Global Business Development

New York City-based institutional foreign exchange execution services and data analytics company Cürex Group has announced that Franz Schmidpeter has been promoted to Senior Managing Director and Head of Global Business Development. Mr. Schmidpeter has 25 years’ experience in the global FX markets including in proprietary trading, product development and client relations. Jamie Singleton, Cürex Group…

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cme building
December 04, 2018 BY Valentina Kirilova

CME Group's FX volumes remain steady MoM in November

Derivatives marketplace CME Group Inc. (Nasdaq: CME) has just announced its November volumes, releasing a record Energy futures and options monthly average daily volume of 3.1 million contracts, as well as Record Energy options monthly average daily volume of 492,000 contracts. FX volumes remained steady MoM in November with 904,000 contracts per day. The complete report…

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fca fine
December 04, 2018 BY Valentina Kirilova

FCA fines a former CEO of Sonali Bank £76,400

The Financial Conduct Authority (FCA) has just announced that it has fined Mohammad Ataur Rahman Prodhan, the former Chief Executive Officer of Sonali Bank (UK) Limited (SBUK), £76,400 for being knowingly concerned in a breach by SBUK of its obligations to maintain effective anti-money laundering (AML) systems. This is not the first time the regulator takes action…

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Japan
December 04, 2018 BY Valentina Kirilova

Japanese Yen added to MOEX FX offering

Moscow Exchange (MOEX) has announced that it has added Japanese Yen/Russian Rouble (JPY/RUB) currency pair for trading, alongside US Dollar/Swiss Franc (USD/CHF), US Dollar/Chinese Yuan (USD/CNY), US Dollar/Kazakh Tenge (USD/KZT) and US Dollar/Turkish Lira (USD/TRY) currency pairs. JPY/RUB currency pair will be traded from 10:00-17:45 MSK with same day settlement. The rest of the pairs (USD/CHF, USD/CNY,…

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FXCM Group adds three new CFD products for trading
December 04, 2018 BY Valentina Kirilova

FXCM Group adds three new CFD products for trading

Retail forex broker FXCM Group, LLC has just announced that it has added three new CFD products which clients can now begin trading. The new products are: Commodity CFDs - WHEATF and CORNF, which have the Wheat and Corn Futures as their underlying references; the Index CFD US2000, a cash-based CFD of the Russell 2000…

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shopping
December 04, 2018 BY Valentina Kirilova

Holiday Shoppers: Downloadable apps may have Scama-Claus inside

You better watch out, you better not cry, cause Scama-Claus is coming to town! Security professionals across the globe sing this catchy little jingle every holiday season, and for good reason. As shopping for gifts for loved ones increases, both online and off, the propensity for holiday rip-offs also escalates exponentially. Crooks have been preparing…

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Saxo Bank’s 10 Outrageous Predictions for 2019
December 04, 2018 BY Valentina Kirilova

Saxo Bank’s 2019 Outrageous Predictions: Corbyn sends GBPUSD to parity, Germany enters recession, Trump tells Powell “you’re fired”

One of the more interesting traditions in the forex world as we head toward the year-end is Copenhagen based Retail FX broker Saxo Bank’s annual “Outrageous Predictions”. Of course, the company does not give 100% chance that any of this will surely happen the way they predict it, but if you are a trader, it's…

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December 03, 2018 BY Mariela Naydenova

General Motors on automated cars and blockchain

Blockchain has surely entered another phase of its development. According to The Statista, the blockchain market can reach the staggering $2.3 billion by 2021. Other statistics suggest even more brighter future for the technology and its applications. General Motors is now also considering a special blockchain patent for managing its automated car fleet. According to…

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