Russia
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
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
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