Korea's number one state owned bank, Korea Development Bank (KDB) made some history as announced first by the Korea Times. The bank became the first Korean lender qualified to raise yuan offshore to invest in onshore capital markets in China, the policy bank said Sunday. KDB per the Korea Times says it wants to invest…
Read moreBitcoin exchange operator and service provider Coinbase just announced that they have formed a strategic partnership with Bank of Tokyo-Mitsubishi UFJ (BTMU) to support Coinbase's long-term international expansion efforts. BTMU is the largest bank in Japan and a subsidiary of the Mitsubishi UFJ Financial Group (MUFG). Additionally, BTMU, Mitsubishi UFJ Capital (MUCAP), and Sozo Ventures have jointly made a strategic investment…
Read moreSingapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for June 2016. Total FX Futures volume was 642,002, up 27% month on month and up 112% year on year. The strong figures continue the trend across the trading industry which saw "Brexit" induced volatility carry trading volumes to one of the best performing months of the…
Read moreIt was announced today that CySEC and globally regulated brokerage HotForex has launched the 24/5 market news service from FXStreet, one of the leading online news portal for Forex traders. FXStreet, who just last quarter launched a massive redesign of their website made known in an exclusive interview with LeapRate that the company was looking forward to focusing…
Read moreMyfxbook, the online automated analytical tool for forex traders is happy to announce that registration for the next contest will be sponsored by Abu Dhabi-based ADS Securities. Registration has officially opened today and will remain open until the 21st of July on which the contest will begin and will continue until the 20th of August. Traders will be competing with…
Read moreAlgoDynamix today announced acquisition of a major Silicon Valley customer under a Global production SaaS license. London and Cambridge based AlgoDynamix is an innovative risk analytics company that detects disruptive events in global financial markets and anticipates price movements hours or days in advance of the event. The software is used by investment banks and asset…
Read moreiSignthis Ltd (ASX: ISX) is announcing today that it has signed into an agreement with online forex and CFD brokerage XM.com. iSignthis will integrate with XM.com to deliver its new enhanced digital KYC service. The iSignthis service will provide XM.com with user friendly and automated customer onboarding. The service will enable XM.com to meet the…
Read moreToday Swiss based FINMA and EU regulated brokerage house Dukascopy has amended certains CFD contract trading conditions. The amendments include index and Binary options CFDs. Firstly, maximum exposure limits on GBP and EUR based indices were increased today at 15:00 GMT, 06 July 2016 as follows: GBP/IDX - 30 contracts DEU.IDX/EUR -50 contracts ESP.IDX/EUR -50 contracts EUS.IDX/EUR…
Read moreCME Group (CME) is set to use the official Moscow Exchange (MOEX) reference rate for Russian ruble contracts come Sunday July 17th. Since 1998 after spot auction currency trading at the Moscow Interbank Currency Exchange (MICEX) was suspended, the Chicago Mercantile Exchange and EMTA (Emerging Market Traders Association) began publishing a Ruble/Dollar exchange rate. CME and EMTA established…
Read moreThe use of leverage is often an underrated topic amongst traders managing the risk that comes with trading a forex account. As a new month begins, it's a good idea to look at how you can use just the right amount of leverage to ensure longevity and long term growth in your trading account. Just because the massive…
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