Friday marked a seven-week consecutive rise for the dollar index in comparison with its figures of 99.58 from the same period year-over-year. Industry experts suggest that this favourable standing is set to last, at least for the short-term. Friday also brought about data showing the slowdown of U.S. employment and wage growth which was greater…
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Limitation on Leverage You probably know by now the part that leverage plays in online Forex trading. Offered by Forex brokers as borrowed funds, leverage allows traders to access more money, giving them power to trade in larger volumes. Many brokers provide leverage as high as 1:1000 to attract more clients. With such leverage, a…
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Blockchain is truly revolutionising the world we live in: transforming sectors such as real estate, finance and now, even energy. While the world is fighting to reduce its carbon imprint and reduce the amount of coal used, a Japanese corporation and a US-based energy company are creating the next energy source - one based on…
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Russia: Russia is moving forward with cryptocurrencies and their “legalization”. According to press, digital currencies in Russia will be categorized as “digital rights”. The new term will serve as differentiation to terms like “digital money” and “digital currency”. The whole change in name will be made mainly for tax purposes, as explained by Anatoly Aksakov,…
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After blockchain found numerous applications in industries such as real estate and healthcare, the food and beverage industry is also being disrupted by the technology. Bet365, a company that creates technologies to streamline supply chains in various emerging economies, has just announced that it had lended two programs with three partners in Africa, Europe and North America…
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The latest CFTC data from US retail forex brokers is out for November from reports filed by December 26th. The data is showing a slight rise in assets held by US retail forex traders back to $523 million, a 0.65% rise from October's $520 million (see chart above). Continuing to lead the way was FXCM…
Read moreSome late breaking news into the weekend as we found out that Interactive Brokers Group, Inc (NASDAQ: IBKR) has sent alerts to clients informing them of an update in their service plans for U.S. based Forex traders with the company. It looks like Interactive Brokers will restrict margin FX trading only to "Eligible Contract Participants", meaning those with…
Read moreEurex, one of the world's leading derivatives exchanges with offices stretching from Chicago to Frankfurt to Singapore let it be known today that it had started offering its Trade Entry Services (TES) for customers based in the U.S. as of November 16th. Eurex’s TES enable trading participants to enter off-book transactions into the Eurex system,…
Read moreThe North American Derivatives Exchange (Nadex), the regulated online binary options exchange in the United States, today announced the release of Nadex Pro, an advanced trading platform designed to meet the specific demands for a user-friendly and fast trading application. “Active traders demand tools that provide fast, easy access to our exchange whether connecting through a browser,…
Read moreSascha Szyfman joins Bank of America's Global Technology and Operations team after three years at FXDD in New York
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