August 12, 2014 BY Mike Fox
Thomson Reuters releases “Big Data in Capital Markets” survey results
Most capital markets firms do not have a big data strategy – early days for data management as a business function
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August 12, 2014 BY Mike Fox
Swissquote Daily Technical Report: USD/JPY- Unimpressive bounce thus far
In Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and GBP/USD. Download the full report by clicking here. USD/JPY: Unimpressive bounce thus far USD/JPY has strengthened but bearish pressures remain. Last week, the hourly support at…
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August 12, 2014 BY Mike Fox
Forex Fraud Watch: CFTC orders New York resident and fraudulent fund operator Jacob N. Stein to pay restitution
The U.S. Commodity Futures Trading Commission (CFTC) officially announced today that it entered an Order requiring Jacob N. Stein of Hankins, New York, individually and doing business as TEPdesign, Inc., to pay restitution of $244,400 to defrauded customers and a $100,000 civil monetary penalty, for committing fraud and misappropriation in connection with a commodity pool…
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August 12, 2014 BY Mike Fox
Gain Capital's July total volume slumps 10.52% MoM, but retail shows some life
Like many other firms in the industry, Gain Capital saw it's slowest combined activity YTD in July. This second lull comes after two straight monthly increases from April's volume pit.
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August 11, 2014 BY Mike Fox
INTL FCStone announces that its Board of Directors has appointed Edward J. Grzybowski as new Director
INTL FCStone (NASDAQ:INTL), a leader in the development of specialized financial services in commodities, global payments, foreign exchange, securities and other markets, today announced that its Board of Directors has appointed a new Director, Edward J. Grzybowski. His name will be included on the slate of Directors that will be voted on at INTL FCStone's…
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August 11, 2014 BY Mike Fox
Client demand sees Valutrades switch MT4 servers
Moves from a white-label MT4 server to an in-house solution...
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August 11, 2014 BY Mike Fox
South Korea: RMB deposits hit record high while USD declines
In a telling info-graphic from the Korea Herald, they point to the high interest rates that RMB deposits are paying thus creating a higher demand for holding accounts denominated in renminbi rather than low interest paying currencies such as the dollar. In South Korea, renminbi deposits amounted to $16.2 billion according to the central bank,…
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August 11, 2014 BY Mike Fox
SWISSQUOTE Daily Technical Report: GBP/USD still bearish
In SWISSQUOTE’S Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GBP/USD and EUR/USD. Download the full report by clicking here. GBP/USD: Still bearish • GBP/USD remains weak, as can be seen by the recent new lows (1.6786 intraday) below the…
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August 11, 2014 BY Mike Fox
Dubai Gold and Commodities Exchange (DGCX) volumes grow 18% in July
Trading volumes in the Dubai Gold and Commodities Exchange (DGCX) grew 18% in July from previous month, trading 992,061 contracts, valued at US$ 29.95 billion. DGCX Gold Futures traded 39,536 contracts in July, growing 15% year-on-year and 10% month-on-month. The metals segment grew 24% year-on-year with Silver futures witnessing year on year growth of over…
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August 11, 2014 BY Mike Fox
LeapRate Forex News Weekly Look Back
Some highlights from the week of August 4th - 8th Last Week's Forex Look Back! Interview: TopFX’s Paul Orford details the important factors of Prime Brokerage: https://www.leaprate.com/UBskF FXCM acquisition of FXDD US clients – $4.4 million: https://www.leaprate.com/vqgE4 Op Ed: Viewing a very different global FX landscape as 2014 passes halfway point: https://www.leaprate.com/m8KLb Investment giant BlackRock…
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