April 26, 2016 BY Maria Nikolova

UK becomes second largest offshore RMB clearing centre – SWIFT

According to SWIFT’s latest RMB tracker, the United Kingdom has become the second largest offshore RMB clearing centre, as the UK's RMB payments value rose by 21% between March 2014 and March 2016. The United Kingdom lags behind Hong Kong in the ranking. Singapore overtook the United Kingdom in February 2014, but the trend began…

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April 26, 2016 BY Maria Nikolova

LCH announces two senior appointments to FX team

International clearing house LCH, majority owned by London Stock Exchange Group Plc (LON:LSE), today announces two senior executive appointments, beefing up its Forex team. Effective May 1, 2016, Daniel Maguire will become Global Head of Rates & FX Derivatives. In his expanded role, Mr Maguire will be in charge of the global product and business…

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April 26, 2016 BY Maria Nikolova

Moscow Exchange to launch new FX instruments, services in July

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading Forex, stocks and derivatives, today announces a set of pending enhancements to its Forex offering. From July 4, 2016, MOEX will offer new opportunities and services to FX Market participants. The Exchange will expand its FX product offering, introduce new services…

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April 26, 2016 BY Maria Nikolova

Interactive Brokers updates IB TWS application for Android devices

Less than a month after one of the major international providers of online trading services, Interactive Brokers Group, Inc. (NASDAQ:IBKR), rolled out an update to its IB TWS application for Android gadgets, the company is ready with another enhanced version of the solution. The latest version of the application, released on April 25, 2016, enables traders…

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April 26, 2016 BY Maria Nikolova

Swissquote releases updated version of Advanced Trader mobile app

Leading Swiss online trading, banking and investment services provider Swissquote Group Holding SA (SWX:SQN) has released an update to its mobile application Advanced Trader, with the enhancements covering both the iOS and Android version of the solution. The latest enhancements include the addition of new instruments and some minor improvements. Users of the Android app are…

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April 26, 2016 BY Maria Nikolova

Italy's Consob issues warning against FX firm Venice Forex Investment

Italy's financial markets watchdog Consob has earlier today issued a couple of more warnings at investment firms targeting Italian residents without having the necessary authorization to do so. The latest number of companies to get such warnings includes FX firm Venice Forex Investment. Consob notes that Venice Forex Investment Doo is not authorized to provide…

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April 26, 2016 BY Maria Nikolova

Zhongrong International becomes SGX derivatives trading member

A month after Singapore Exchange Limited (SGX:S68) welcomed Taiwan-based JihSun Futures Co., Ltd to its list of derivatives market trading members, it announces a new derivatives trading member. The latest addition is Hong Kong-based Zhongrong International Futures Company Limited. The admission of Zhongrong International Futures Company Limited takes the total number of Trading Members in SGX’s…

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