As a result of the postponement of the release of a new version of SPECTRA, all quarterly options and USD/RUB and EUR/RUB futures contracts with the expiry date in March 2015, will be exercised according to the standard procedure, i.e. without any changes announced in February
Read moreWhat is really worse? Low trading volumes, or a single black swan event? Andrew Saks-McLeod takes a look at the dichotomy between two scenarios
Read moreAlluding to Switzerland's decision to remove the 1.20 peg on EURCHF last month having been an effort to shore up the nation's vault-like economy, Switzerland's FX reserves have risen by CHF 11 billion in February, an all time high in the first whole month since the dramatic move by the country's central bank
Read moreCFH Systems has invested in dedicated fibres between London and Beijing, bridging the FX liquidity of London with mainland China. Working in conjunction with China Unicom, a Chinese internet provider, CFH’s new connectivity solution will be live by the end of April 2015
Read moreEurope's central bank has lost a court case which would have mandated relocation of firms managing financial trades in euros from London to the Eurozone. With London a strong world financial center, this ruling marks a milestone victory which ensures the continued presence of the electronic trading sector in its de facto home
Read moreRegulatory authorities have continued their disapproving stance with regard to FX schemes which promise very high returns, this time with the NFA banning Texan managed account provider McElhannon Group and its owner, for promising 457% return over a 13 year period
Read moreThe funding initiative, led by The Jenson Seed EIS Fund, will be also be used to expand its reach in key retail markets, invest in sales and marketing resources, further develop its analytics capabilities and expand into new data types, including equities
Read moreMoneycorp has terminated its contract with Heathrow Airport, leaving Travelex as the sole provider of deliverable FX in the world's busiest airport. The firm initially cited inability to honor the financial terms of the contract, but subsequently recinding the statement
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