As commodities desks within large banks shrink, the use of high technology has driven a trend toward integrating interbank gold trading with FX desks Just how compatible is the long-established world of physical commodities with the highly liquid FX business? According to a report today by Reuters, a necessity has arisen within interbank gold dealing…
Read moreCME Group reports Gold Options and Gold Futures volumes annihilated all previous records on Monday. As we first reported earlier this week, Monday was one of the best-ever days for Retail FX brokers, as Gold's plunge from the $1500s to the $1300s precipitated general volatility in all financial markets. Well, it seems that data from…
Read moreUnprecedented volatility in Gold, increased volatility in everything else traded leads to huge rampup in trading volumes. LeapRate Exclusive.... LeapRate has learned, in discussions with senior management at various FX brokers in different locations worldwide, that the past two trading days (Fri Apr 12 and Mon Apr 15) were in aggregate two of their best-ever…
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