May 25, 2015 BY Maria Nikolova
eToro opens Russian office – sources
The investment network plans to spend $3-4 million for marketing its business in Russia this year.
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January 30, 2015 BY Maria Nikolova
Alpari remains Russia's retail Forex market leader in 2014
Alpari has emerged as the leader in the Russian retail Forex market in 2014, according to the latest comprehensive study provided by Interfax-CEA. The broker has managed to win the first place amid all retail Forex companies active in the Russian market both in terms of clients and in terms of volumes. According to the…
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December 05, 2014 BY Andrew Saks-McLeod
Moscow Exchange opens up to overseas FX clearing members
From December 1, appropriately regulated FX Market brokers are able to become General Clearing Members on Moscow Exchange's FX market.
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April 28, 2014 BY Gerald Segal
Moscow Exchange announces changes to FX and precious metals markets risk management system
Aims to unify the FX and precious metals markets risk management system with those of other exchange markets Moscow Exchange news room announced today that their Forex and precious metals markets risk management system will be modified from April, 28 2014. Two concentration limit levels and several levels of the market risk limit rate will…
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April 07, 2014 BY Gerald Segal
Russia's Duma Financial Committee signs amended forex bill, ready for second reading
Unclear if and when bill will actually be brought to the Duma An amended bill in Russia effecting FX brokers and dealers, as constituted, would ban all foreign forex brokers from doing business with Russian clients. Only properly regulated Russian brokers will be allowed to operate legally, if and when the bill is actually passed…
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March 14, 2014 BY Andrew Saks-McLeod
Moscow Exchange Releases Annual Results For 2013
FX trading volume for 2013 increased 33% as Moscow Exchange aspires to perform well on the world stage 2013 was an interesting year for those with a vested interest in Russia's financial markets, particularly when considering electronic trading of the nation's sovereign currency, the ruble. Russia has high aspirations for the ruble, with some market…
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January 21, 2014 BY Gerald Segal
More Russian banks to launch forex trading solutions
Vice-president of Russian bank brokerage Alfa Forex reveals the keys to success in the retail business Only a day after we covered the record rise of Russian retail forex volumes, LeapRate has spotted a detailed interview with the vice-president of one of the fastest growing retail brokerages in Russia run by a commercial bank. We…
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January 20, 2014 BY Gerald Segal
Russian FX trading volumes doubled in 2013
Total number of traders rises by one-third, retail banks businesses expand swiftly Russian newspaper Vedomosti has put out an article providing data from a report on the retail forex industry by the Center for Economic Analysis of Russian non-governmental news agency Interfax. According to the article in 2013 there was a total of 400 000…
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December 23, 2013 BY Gerald Segal
Russian ruble gets new symbol, getting closer to a free floating FX rate
The new symbol that was announced by Moscow last week part of the effort to internationalize its currency Russian authorities have selected a new symbol for their currency and it happened in a rather unique way. The usual RUB will be substituted by the Cyrillic letter P (which sounds like R) with a small bar…
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March 27, 2012 BY Gerald Segal
Forex Club hires new U.S. head from E*Trade
Apparently Forex Club has not given up on the U.S. market.
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