Latest
ICE to Administer New LBMA Gold Price Benchmark Starting from March 2015
- The Intercontinental Exchange takes charge of the new gold price benchmark replacing the London Gold Fix which got mired in controversy following manipulation allegations against a number of banks.
Monday, 02/02/2015 | 14:36 GMT by
Victor Golovtchenko
How Can Interdealer Brokers Help in Stabilizing the Market?
- While everyone looks to the regulators to resolve and prevent financial crises, recent history shows that the industry itself has its fair share to contribute in reducing risk. Tradition's Dan Marcus weighs in.
Monday, 02/02/2015 | 13:41 GMT by
Guest Contributors
Fidessa's Trading Platform Adopted by China Merchants Securities
- CMS is now using Fidessa as its strategic platform for the Hong Kong market, which it chose for its integrated global FIX network, algorithmic trading engine and post-trade allocations and commission calculation capabilities.
Monday, 02/02/2015 | 11:31 GMT by
Avi Mizrahi
Singapore Charges Ex-Forex Traders for Unlawful Gains
- In unrelated cases, charges have been filed against Ivan Chng and Toh Hway Khuan, two ex-foreign exchange traders for alleged unlawful gains. The traders allegedly transacted around $1.1 billion US dollars in false trades using preferential rates.
Sunday, 01/02/2015 | 14:13 GMT by
Kenny Mariasin
Is the “Super FOMO rally” for Gold coming to an end?
- Gold's Super FOMO rally may peak soon as markets await key US economic data.
Tuesday, 21/10/2025 | 09:24 GMT by
Exness
The Inevitable GREXIT: a Saga about Canaries, Dead Horses and PIIGS
- Europe's name has its origins in a Greek goddess but, ironically enough, Athens may be the first to ditch the joint currency. Find out what our weekly guest blogger Ron de Luca has to say.
Sunday, 01/02/2015 | 12:43 GMT by
Guest Contributors
CHF Crisis Is Unfolding with New Developments at FXCM, Alpari and BT Prime
- Forex Magnates spotlights the industry’s top news from the past week. From the $10M loss at Boston Technologies to Alpari UK going after clients with negative balances, the aftermath of Black Thursday is here.
Sunday, 01/02/2015 | 12:24 GMT by
Avi Mizrahi
JPMorgan Settles Foreign Exchange Benchmark Related Litigation for $99.5 Mln
- The major US bank has reached a settlement to prevent a class action lawsuit, while agreeing to cooperate in providing information to assist in the prosecution of the claims against the other institutions.
Saturday, 31/01/2015 | 09:19 GMT by
Victor Golovtchenko
Race to the Bottom: India’s BSE, NSE Reduce Fees for FX Derivatives
Friday, 30/01/2015 | 21:06 GMT by
Jeff Patterson
ISDA Conducts OTC Derivatives Analysis, Clearing & Compression in Focus
- The International Swaps and Derivatives Association, Inc. (ISDA) has conducted an OTC derivatives analysis for the greater industry, concluding that a duality of policy goals is being accomplished.
Thursday, 29/01/2015 | 18:02 GMT by
Jeff Patterson
Investment Technology Group Reports Fourth Quarter Net Income Growing 34% YoY
- Rising profitability in North America, Europe, Canada and to a lesser extent from Asia- Pacific have been driving ITG’s results higher as the firm reports $559.8 million revenues for the full 2014.
Thursday, 29/01/2015 | 15:29 GMT by
Victor Golovtchenko
Chinese Renminbi Breaks into Top 5 of World's Most Popular Payment Currencies
- After a monthly growth rate of 20% in December the Chinese currency has steamed past the Australian and Canadian dollars which have been affected by falling commodity prices in the past six months.
Wednesday, 28/01/2015 | 12:58 GMT by
Victor Golovtchenko
Monetary Authority of Singapore Cuts Inflation Outlook, Depreciates Singapore Dollar
- The fourth central bank surprise action this month comes from Singapore, where the central bank decided to pursue an accelerated depreciation of the Singapore dollar due to a deteriorating inflationary outlook.
Wednesday, 28/01/2015 | 12:09 GMT by
Victor Golovtchenko
Will the SNB Volatility Entice New Forex Traders?
- Taking a contrarian view, Addison Churchill's Head Keith Sazer envisions the post-crisis industry: increased volumes, enhanced risk management tools and a surge of interest in STP models, despite the losses of giants like FXCM and InteractiveBrokers.
Wednesday, 28/01/2015 | 09:54 GMT by
Guest Contributors
North American October Foreign Exchange Volume Survey Hits $1 Trillion Mark
- The Foreign Exchange Committee with the New York Fed has just released the details of its half-year survey of the forex market in North America, showing spot trading volumes rising 62% since the April poll.
Tuesday, 27/01/2015 | 21:44 GMT by
Victor Golovtchenko
What Fallout? JPMorgan Reaps $250-300 Million in Profits during Swiss Volatility
- While many other banks and corporate entities are reeling after the SNB-induced volatility of the CHF, JPMorgan Chase (NYSE:JPM) appears to have earned a nice profit of $250-300 million.
Tuesday, 27/01/2015 | 18:37 GMT by
Jeff Patterson
Moscow Exchange to Boost Liquidity by Doubling Tick Size on Ruble Crosses
Tuesday, 27/01/2015 | 10:02 GMT by
Victor Golovtchenko
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