Russia
Embracing the Russian Bear
- Finance Magnates set out to explore the feasibility of a structured regulation with brokers that need to get to grips with risk management.
Wednesday, 22/04/2015 | 07:11 GMT by
Sasha Gefen
Russian Finance Minister: Bitcoin Ban to Take Effect This Year
Tuesday, 24/03/2015 | 12:56 GMT by
Leon Pick
Exclusive: Former Yukos CEO Buys 12.5% Stake in Leverate
- Forex Magnates discovered that the high-ranking Russian-American oil man has been appointed as a director, amid a share reshuffle in Leverate starting when Saxo Bank relinquished its 25% ownership.
Wednesday, 18/03/2015 | 19:20 GMT by
Avi Mizrahi
Kaspersky Report: Hackers Steal Up to $1 Billion from Banks In Likely the Most Sophisticated Attack Ever
Tuesday, 17/02/2015 | 14:44 GMT by
Leon Pick
Russia's Interior Ministry Says Bitcoin Risky, Will Act Based on Central Bank Decisions
Tuesday, 10/02/2015 | 12:53 GMT by
Leon Pick
Interfax Survey: 3 Brokers Control 60% of Russian FX Market, 66% of Traders Lose
- A report by Interfax-CEA reveals some telling findings about the local market in 2014, including an extensive brokers' ranking by trading volumes and an assessment of traders' number and average deposits.
Tuesday, 03/02/2015 | 15:42 GMT by
Jeff Patterson
Russia-Focused Panteon Finance Loses Substantial Amount of Client Funds
- The head of the financial department of the company has been transferring client funds to binary options trading accounts at an Asian brokerage, prompting founders to look how to keep the brokerage solvent.
Tuesday, 03/02/2015 | 10:09 GMT by
Victor Golovtchenko
Volatility Warning: Russian Credit Rating Cut to Junk by S&P, Ruble Tanks 6%
- The Russian ruble is back in the headlines as the oil dependent currency is trading over 6% lower on the over-the-counter foreign exchange market, following a sovereign downgrade by Standard & Poor's.
Monday, 26/01/2015 | 18:53 GMT by
Victor Golovtchenko
George Soros Urges US & EU to “Wake Up” to Russian Threat
- A $50 billion support program for Ukraine by the IMF and the EU, and a wake up call about a Russian attack on the European Union should prompt a decisive and timely reaction according to the man who broke the BoE.
Thursday, 08/01/2015 | 18:57 GMT by
Victor Golovtchenko
Would CLS Bank Support Help the Ruble as Trading Faces MOEX Holiday Closure?
- The Russian ruble's decline in available liquidity this month occurred as the currency had been slated to be added by the CLS Bank. Would its admittance have mitigated current liquidity problems of the ruble?
Wednesday, 31/12/2014 | 07:59 GMT by
Ron Finberg
Russian Economic Development Ministry Reportedly Opposes Bitcoin Ban
Sunday, 28/12/2014 | 13:28 GMT by
Leon Pick
Russian Currency Implosion Dominates Financial News, Fintech's Trading-Startups Space Heating Up
- Forex Magnates spotlights this week's top news from around the world, starting with the massive Ruble liquidity squeeze all the way to the brand new trading innovations from Silicon Valley and beyond.
Sunday, 21/12/2014 | 09:49 GMT by
Avi Mizrahi
Will Russians Turn to Bitcoin as Ruble Crumbles? Volumes Increase but Ban Looms
Friday, 19/12/2014 | 10:00 GMT by
Leon Pick
Ruble Desks Closed, Is Russia Headed for a Repeat of 1998?
- As withering liquidity and surging volatility have made the talk of a repeating Ruble Crisis louder, analysts discuss similarities and differentiators in Russia's current financial and geopolitical standing.
Thursday, 18/12/2014 | 22:01 GMT by
Ron Finberg
China Keeping an Eye on Ruble, Might be Called Upon to Help Russia Deal with Liquidity Crisis
- The ¥150 billion ($24 billion) swap might not be enough for Russia even if it is used in its entirety considering its current state. It will be used as a way of showing China's growing financial clout in the world.
Thursday, 18/12/2014 | 13:25 GMT by
Avi Mizrahi
How Low Can It Go?! Already below $60 a Barrel, the Price of Oil Just Keeps Going Down
- As Saudi Arabia continues to play tough by refusing to cut oil production, Russia and Iran find that they are too weak to resist selling at ever lower prices and crude just fell to its lowest point in five years.
Wednesday, 17/12/2014 | 14:23 GMT by
Avi Mizrahi
Ruble Liquidity Dead as Interbank Market Dries, LMAX next to Suspend Trading
- Trading in the ruble has 'quieted' down a bit today, but liquidity remains a problem as trading of the currency on several major platforms remains suspended or limited today.
Wednesday, 17/12/2014 | 13:54 GMT by
Ron Finberg
Actually, Bitcoin Rallied Yesterday... against the Ruble, Hits Four-Month High
Wednesday, 17/12/2014 | 09:30 GMT by
Leon Pick
Ruble Carnage Continues as Brokers Halt Trading, Cut Margin
- Despite customers reporting problems at several brokers, traders on the whole are benefitting from the spike in prices. Some brokers have indicated to Forex Magnates that their clients are overwhelmingly long.
Tuesday, 16/12/2014 | 17:29 GMT by
Ron Finberg
Alpari Suspends Ruble Trading as Extreme Volatility Forces More Brokers to Limit Leverage
- The moves by TeleTrade, Alpari and Dukascopy come now after last month some brokers such as XM and the Russian Forex Club have already took similar proactive measures to limit traders' exposure and their own risk.
Tuesday, 16/12/2014 | 11:31 GMT by
Avi Mizrahi
Forex Consolidation Trend Continues with Two Acquisitions, Russian Parliament Setting Limits
- Forex Magnates spotlights this week's news from around the world, from an unlikely American IPO to a harsh new legislation in Russia and the outrageous predictions from Saxo Bank for the market in 2015.
Sunday, 14/12/2014 | 10:41 GMT by
Avi Mizrahi
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