Standard Chartered Bank has issued a bold statement saying that by the year 2020, roughly 5 1/2 years from now, 28% of China's cross-border trade will be settled in renminbi. They have issued a glowing graphic to illustrate their prediction (see below): To note, just today China’s yuan strengthened and rose beyond the central bank’s…
Read moreActiv Financial, a global provider of real-time, multi-asset financial market data and solutions is building out new feed handlers for Lynx ATS, Omega ATS's new Canadian alternative trading system, and CX2, Chi-X Canada's second ATS, to provide domestic and US customers with complete coverage of venues in the region. Activ is in production with a…
Read moreICAP Information Services (IIS), the information division of ICAP, and MTS, a leading fixed income electronic trading venue in Europe, announced today that they are expanding the RepoFunds Rate indices to include RepoFunds Rate Euro (RFR Euro), a daily repo index for Eurozone sovereign bonds. The new index, RFR Euro, is derived from eligible repo…
Read moreThe report aims to provide its professional audience a round-up of the main regulatory and legislative developments in the European and Cypriot financial services sector.
Read moreIn SWISSQUOTE’S Wednesday short term technical trading report, their research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for the EUR/USD and USD/JPY. Download the full report by clicking here. EUR/USD: Making new lows • EUR/USD has failed to break the hourly resistance at 1.3444 (28/07/2014 high).…
Read moreCorrespondent banks, corporates, asset managers and hedge funds can now access a secure portal to share identity documents, accelerate on-boarding, and streamline the KYC process
Read moreEBS, the electronic brokerage division of ICAP, has announced its trading volumes for July 2014, which depict a 8% fall back to $70.6B from June's encouraging bump of $77B and breaks the short term two month trend of volume gains from April's YTD and all time lows. This figure coming in represents the 2nd lowest…
Read moreLeading Binary Options Platform Provider, SpotOption, expands into China's most dynamic and prosperous industrial hub. SpotOption currently has 50 Asian clients, and this number is predicted to double by next year.
Read moreIn SWISSQUOTE’S Tuesday technical trading report, their research team outlines the major technical levels of popular currency instruments for the short term trader, below is the outline for the GBP/USD (very active in the last couple of months) and USD/CAD. You can download the full report by clicking here. GBP/USD: Trying to bounce... • GBP/USD…
Read moreTokyo, Japan based retail FX giant MONEX Group (TYO:8698) has today announced its FX monthly metrics for July 2014. The summer trading slump is still lingering here with Total FX volumes hitting lows not seen for a year. MONEX Group’s $29 billion dollar FX trading volume for July represents a further decrease compared with June’s…
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