August 10, 2014 BY Mike Fox
CFTC - Commitment of Traders (COT) Report: Bears continue driving EUR lower
Data in this report cover up to Tuesday August 5 & were released Friday August 8.
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August 08, 2014 BY Mike Fox
FCA Warning: Stay away from "Leveltrade Ltd" (leveltrade.com)
The FCA in an official press release, believes a firm calling itself LevelTrade has been providing financial services or products in the UK without authorisation. They state to be especially wary of dealing with this unauthorised firm and protect yourself from scammers. Any forex firms and individuals offering, promoting or selling financial services or products…
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August 08, 2014 BY Mike Fox
USA Forex Fraud Watch: Indiana man settles SEC FX trading fraud charges
The Securities and Exchange Commission issued the following litigation release...
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August 08, 2014 BY Mike Fox
August 8th Weekly Westpac Foreign Exchange Video News
Sean Callow talks about the Australian unemployment report which drove the AUD to two month lows and created the prospect of another rate cut. He goes on to talk about factors balancing the AUD at levels above 92 cents. Pushing the AUD up are the expected positive business and consumer sentiment results and rise in…
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August 08, 2014 BY Mike Fox
MSE to use Bloomberg Terminal electronic trading system
Angar Davaasuren, CEO of the Mongolian Stock Exchange (MSE) based in Ulan Bator, had a meeting with Asian financial market representatives from Bloomberg on August 4th. The meeting covered carrying out government securities trade using the Bloomberg Terminal electronic trading platform. The Minister of Finance directed the MSE to implement 2013 Parliament Resolution No. 41…
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August 07, 2014 BY Mike Fox
Saxo Bank July FX volumes slide 5.7% MoM - second lowest activity since 2012
Monthly volume is down at Saxo Bank for July to $215bn from $228bn in June, a 5.7% drop. Average daily volume also fell to $9.8bn per day, from $10.8bn in June. This has been the second weakest month in terms of volume this year for many brokerages and exchanges across the FX industry, besides April's…
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August 07, 2014 BY Mike Fox
CLS July avg daily volume down 9.8%; average daily value down 13.7%
CLS, which operates the largest multi-currency cash settlement system to mitigate settlement risk for the FX transactions of its members and their customers saw a fall back in volume activity for July. Alexander Filshie, Chief Financial Officer, CLS: ”The average daily volume submitted to CLS in July 2014, combining the settlement and aggregation services, was…
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August 07, 2014 BY Mike Fox
Suite's ALibV3.0 powers Orchestrade Financial Systems front-to-back at large hedge fund
Suite LLC, provider of the ALib™ financial analytic library for pricing and risk management of credit and rates derivatives, has partnered with Orchestrade Financial Systems to offer an integrated cross-asset platform addressing today’s front, middle and back-office challenges. The combined Orchestrade/ALibV3.0 solution is now in production at a growing NY-based macro/fixed-income fund with approximate AUM…
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August 07, 2014 BY Mike Fox
Lombard Odier chooses automated expense budgeting solution from Confluence
Fund management industry increasingly adopting data automation for greater transparency, control and efficiency
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August 07, 2014 BY Mike Fox
SWISSQUOTE Daily Technical Report: USD/JPY bearish breakout at 102.36
In SWISSQUOTE’S Thursday short term technical trading report, they're research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and USD/JPY. Download the full report by clicking here. EUR/USD: Intraday bullish reversal near the key support at 1.3296 • EUR/USD made a bullish intraday reversal yesterday…
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