FOREX TRADING

The regulator states that Zeus Tech & Trading Group Ltd is an unknown entity.

The Danish broker did, however, report solid volumes for its fixed-income and commodities sectors.

The broker has added three different baskets - the Dollar Index, the Yen Index, and the Emerging Markets Index.

Overall, the securities broker reported weak business metrics during the month.

Overall, the combined trading volume for all TFX products fell by 27.6 percent month-on-month.

Over the past few years, trading volumes have been declining, which was only aided by ESMA’s measures.

The fixed income, currencies and commodities units will be combined under one business unit.

The mobile app gives clients of INTL access to the same functionality available online.

After a lacklustre performance in April, May has reported solid trading results.

The company believes the industry needs to overcome certain obstacles in order to operate more efficiently.

The broker noted a 36.4 percent month-on-month growth in transaction volumes in May.

Trading volumes for spot FX was the only segment to report a month-on-month uptick.

The fine was distributed amongst five banks - Barclays, Citigroup, JPMorgan, RBS and MUFG.

With brokers looking outside of the EU, more are choosing to set up in Africa.

Akshay Aiyer had his dismissal request denied for charges of bid-rigging and price-fixing conspiracy in the FX markets.

Ferri-Ricchi has left the German lender to join JB Drax Honor.

After months of low volatility weighing on volumes, May is starting to show signs of life again.

Despite lower volatility and client activity, ESMA’s recent regulations have given traders confidence in the Spanish market.

UBS, Royal Bank of Scotland, JPMorgan, Citibank, and Barclays were named in the class action.

Over-the-counter trading volume fell by more than 18 percent in April.

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