November 06, 2014 BY Mike Fox

OANDA opens doors in Silicon Valley

OANDA, a global provider of forex trading services and investment products, is pleased to announce that it has opened an office in San Francisco, California. New to Silicon Valley geographically, OANDA's start-up mindset and computer engineering pedigree was introduced nearly 20 years ago. "When OANDA opened its first office in Toronto, our focus was to…

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November 05, 2014 BY Mike Fox

Russia may ban circulation of US dollar

The State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’…

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November 05, 2014 BY Mike Fox

Intercontenintal Exchange completes transition of Liffe’s European interest rates to Ice Futures Europe

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that it has successfully completed the transition of the Liffe European interest rate derivatives complex to ICE Futures Europe. Following the migration, European interest rate futures and options are now listed on the widely distributed ICE trading platform, which also lists…

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November 05, 2014 BY Mike Fox

ADS Securities sponsorship of racing champion Louis Delétraz

United Arab Emirates based FX brokerage ADS Securities announced per their company blog the coverage of their sponsorship of Louis Delétraz.  One of the top young racing drivers in the world, from a young age he has shown exceptional talent coming up through from carting, where he won two Swiss national titles, to the world of single-seaters.…

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November 05, 2014 BY Mike Fox

USA: Dollar rallies as Republicans take control of congress

The American people have put their trust in the Republican Party, sending a GOP majority to the U.S. Senate. Voters delivered a strong conservative message rebuking the policies and direction of the country at a time when Barack Obama's approval ratings are sitting at all-time lows. So in the immediate term, what does that mean to the currency markets…

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November 05, 2014 BY Mike Fox

Yen volatility sends GMO Click October FX volumes over $1 trillion

GMO Click Securities, Inc. Japan’s major margin Forex trading broker announced volumes today with results booming for the month rising over $1 trillion. In October, volumes for spot platform FX Neo were ¥114.92 trillion for the month, or $1.01 trillion USD -- 27.7% higher than September's ¥90 trillion. On exchange FX margin contracts for Click365 came…

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November 05, 2014 BY Mike Fox

CQG launches proprietary automated trading platform

Colorado headquartered execution software company for the financial trading industry CQG, Inc. (Commodity Quote Graphics) today announced the launch of CQG AutoTrader at the FIA Chicago Expo. CQG AutoTrader is a proprietary trading execution engine that allows customers to execute numerous trading strategies simultaneously with equal precision and discipline. CQG AutoTrader offers traders greater capacity…

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