Tag: Bank for International Settlements

July 31, 2013 BY Gerald Segal

Retail forex trading becoming a force in Australia

Not quite Japan, but retail trading is rapidly becoming an important part of the global forex market. An interesting article in The Australian Financial Review highlights the growing importance of retail forex trading in Australia, Japan and elsewhere around the globe. The conclusions of the article should not be surprising to our readers -- our Retail…

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July 15, 2013 BY Gerald Segal

CLS has best ever month settling Forex trades in June

At $5.58 trillion per day in June, CLS volumes were up 15% over May. CLS, which operates the largest multicurrency cash settlement system, announced that in June it cleared $5.58 billion per day of matched forex instructions -- its best ever month and only the fifth time ever that volumes topped $5 trillion. CLS's figures indicate…

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