Tag: Finance

June 18, 2014 BY Mike Fox

China to start yuan vs. sterling trading in FX market from Thursday

China's central bank said on Wednesday that the Chinese currency will be traded directly against the British pound in the interbank foreign exchange market, in the latest step to facilitate investment and bilateral trade between China and Britain. This update comes as finally China Construction Bank was named the clearing bank in London for the…

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April 30, 2014 BY Gerald Segal

CMC Markets selects Gresham CTC to reconcile global cash movements

Solution can immediately highlight any discrepancies that occur helping CMC Markets to minimize operational risk and benefit from real-time financial certainty Gresham Computing plc today announced that CMC Markets, one of the leading providers of financial spread betting and CFD trading, is implementing Gresham's Clareti Transaction Control solution (CTC) to automate the reconciliation of cash…

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