Russia
eToro Confirms $27 Million Funding Round with Ping An Ventures and SBT Venture Capital
- Chinese Ping An Ventures and Russian SBT Venture Capital come aboard as new equity shareholders for eToro as the broker announces a new $27 million founding round to accelerate its global expansion.
Wednesday, 10/12/2014 | 08:17 GMT by
Ron Finberg
Breaking: Russian Forex Regulation Law Passes Second Reading in Parliament
- The latest version of the Russian forex regulation bill was passed in the Russian Duma on its second reading officially making the bill into a law, pending final due diligence in a formal read in the Federal council.
Tuesday, 09/12/2014 | 14:28 GMT by
Victor Golovtchenko
US Regulator Delivers a Blow to Retail Forex, Kiwis Are Better Off
- Forex Magnates spotlights this week's news from around the world, with credit card ban in the US, license exemptions in New Zealand and a first Chinese brokerage allowed to trade on the spot FX market.
Sunday, 07/12/2014 | 11:46 GMT by
Avi Mizrahi
TOCOM Sees Rapid Rise in November as Gold Trading Volumes Rise 49%
- Tokyo’s leading commodity bourse stood out from its peers with a sharp rise in November metrics. The recent rush in commodity trading pushes volumes up to their highest since April 2013.
Tuesday, 02/12/2014 | 20:59 GMT by
Adil Siddiqui
Forex Regulation Law in Russia Close to Another Debate in Parliament
- After the debacle of MMCIS, Russian lawmakers are likely to have another go at forex regulation before the end of the year, according to sources cited by Russian forex industry self-regulatory body CRFIN.
Friday, 14/11/2014 | 11:42 GMT by
Victor Golovtchenko
Will Geopolitical Crises and Rapidly Changing Environment Force Brokers to Limit Leverage?
- FXCM Japan, XM and the Russian Forex Club had all recently changed the trading conditions of certain instruments. As the Ruble and Yen crash, we could be seeing a start of an overall risk management revamping.
Wednesday, 12/11/2014 | 12:24 GMT by
Avi Mizrahi
Central Bank of Russia Tries to Squeeze Cash and Dry FX Liquidity to Fight off Speculators
- The Russian central bank is taking alternative methods to boost the weakening Ruble after it stopped selling USD to sustain the previous trading band. Explanation given is "to prevent games on the currency market."
Tuesday, 11/11/2014 | 17:18 GMT by
Avi Mizrahi
Russia reduces proposed fines for bitcoin usage, community unimpressed
Tuesday, 11/11/2014 | 09:57 GMT by
Leon Pick
Putin Tries to Reassure APEC Investors Amid Ruble Record Lows
- Speaking in front of the Asia Pacific Economic Co-operation summit in Beijing, Mr. Putin asserted that the Rouble’s drop was “absolutely not related to fundamental economic reasons”, promising an equilibrium "soon.”
Monday, 10/11/2014 | 14:25 GMT by
Avi Mizrahi
Boston Technologies Bolsters Offering with Dual RUB Currency Pairs
Thursday, 06/11/2014 | 16:10 GMT by
Jeff Patterson
Yet Another Pyramid Scheme? The ForexInn House of Cards Has Fallen
- As first published by Forex Magnates Russia the broker’s website is no longer operational, amid growing complaints by clients regarding "payment issues" reported both on social media and self regulatory body KROUFR.
Tuesday, 21/10/2014 | 08:41 GMT by
FMAdmin Someone
Bank of China Takes New Leaps to Enhance China-Russia Co-operation
- Two leading players from the BRICS have extended their business co-operation. Bank of China and the Moscow Exchange have signed a memorandum of understanding as they strengthen their financial markets partnership.
Monday, 13/10/2014 | 17:15 GMT by
Adil Siddiqui
Monolith-Invest, Personal-Trader.RU Blacklisted by CRFIN
- The Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) has blacklisted a fraudulent organization under the alias Monolith-Invest, citing unrealistic expectations and misleading guarantees.
Friday, 10/10/2014 | 17:08 GMT by
Jeff Patterson
Exclusive: BCS Integrates Binarystation’s Platform, Launches New Binary Options Offering
- BCS has launched a new binary options trading offering, integrating the Binarystation platform and helping cement the relationship between the Russian financial institution and Binaryware LLC.
Wednesday, 08/10/2014 | 14:51 GMT by
Jeff Patterson
Russia Bitcoin ban draft outlines repercussions, stiffer penalties for officials and companies
Sunday, 05/10/2014 | 12:45 GMT by
Leon Pick
CFH Systems Appoints Two New Regional Directors in Eastern Europe
- CFH Systems has named Alexander Stanovoy and Lukasz Paszkiewicz as its newest Regional Directors in a bid to help develop and foster its growth initiatives in Eastern Europe, namely Russia and Poland.
Thursday, 02/10/2014 | 07:06 GMT by
Jeff Patterson
Nearly 5 million Gmail accounts and passwords dumped on Russian Bitcoin Security forum
Thursday, 11/09/2014 | 11:59 GMT by
Leon Pick
Russia Tries to Draw China into Its Plan to Create an Alternative to SWIFT
- A week after the British Prime Minister David Cameron suggested cutting Russia off the international payment system the Russians announce they are in talks with China for a "SWIFT" response to the threat.
Thursday, 11/09/2014 | 10:22 GMT by
Avi Mizrahi
A New Cold War? Will Russian Sanctions Affect the USD?
- Long before the Russia Ukraine conflict, the United States dollar was being questioned as the reserve currency.
Monday, 08/09/2014 | 00:01 GMT by
Paul Towne
Posing as anti-Western attack software, Kelihos trojan infects your computer, steals bitcoins
Thursday, 28/08/2014 | 14:01 GMT by
Leon Pick
MOEX Reports Strong Q2 Results: Net Profit up 5.2%, FX Volumes Rise 28% to $1.46 Trillion
- Russia's largest exchange has announced its best quarterly results since its inception in 2011. Higher trading volumes and fees despite tough markets suggests MOEX is a resilient venue on par with the world's best.
Tuesday, 26/08/2014 | 08:13 GMT by
George Tchetvertakov
Payment Picks: Chinese UnionPay Enters Russian Market, Amazon Lands in Shanghai FTZ
- After prices for using VISA and Mastercard have risen following Western sanctions against the country, Chinese card provider UnionPay will enter the local market, just as Amazon is setting up shop in Shanghai.
Friday, 22/08/2014 | 05:32 GMT by
Victor Golovtchenko
Alpari Group's Global Trading Volume Exceeds $177 Billion in July
- Last year, the total trading volume for the month of July reached $270 billion for the worldwide Alpari group of companies, meaning that the group suffered almost $100 billion drop, a 34.5% decrease year-over-year.
Thursday, 21/08/2014 | 11:13 GMT by
Avi Mizrahi
Quadro Capital Partners Teams up with Forex Club, Targeting European FX Investment
- Quadro Capital Partners (QCP) and Forex Club have announced their intention team up and seek out investment projects, targeting foreign exchange and CFD opportunities in Eastern Europe and Russia.
Tuesday, 19/08/2014 | 20:06 GMT by
Jeff Patterson
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