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Russia
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Expert Insights
A New Cold War? Will Russian Sanctions Affect the USD?
2014-09-08T02:01:54.000+02:00
Long before the Russia Ukraine conflict, the United States dollar was being questioned as the reserve currency.
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Posing as anti-Western attack software, Kelihos trojan infects your computer, steals bitcoins
2014-08-28T16:01:03.000+02:00
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MOEX Reports Strong Q2 Results: Net Profit up 5.2%, FX Volumes Rise 28% to $1.46 Trillion
2014-08-26T10:13:30.000+02:00
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.
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George Tchetvertakov
Analysis
Payment Picks: Chinese UnionPay Enters Russian Market, Amazon Lands in Shanghai FTZ
2014-08-22T07:32:04.000+02:00
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.
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Brokers
Alpari Group's Global Trading Volume Exceeds $177 Billion in July
2014-08-21T13:13:42.000+02:00
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.
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Brokers
Quadro Capital Partners Teams up with Forex Club, Targeting European FX Investment
2014-08-19T22:06:51.000+02:00
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.
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Payments
China UnionPay is officialy launched in Russia
2014-08-17T11:11:57.000+02:00
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Adil Siddiqui
Analysis
Moscow Exchange to Launch Cash-Settled USD/RUB FX Futures Trading on August 20th
2014-08-14T17:10:18.000+02:00
Starting from next Monday, the Moscow Exchange will offer a convenient hedge for financial and operational risks for investors and companies with exposure to the USD/RUB exchange rate through cash settled FX futures.
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Analysis
Analysis: Ukrainian Currency at All-Time Low, FX Volatility Rising with Geopolitics
2014-08-13T18:54:46.000+02:00
As the Ukrainian currency hits a new all time low and the Russian ruble is hovering close to its own bottom set earlier this year, we are seeing activity on the foreign exchange market slowly picking up.
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Analysis
FX Trading Volumes at Alpari Russia Rise by 9% in July
2014-08-13T11:32:35.000+02:00
Trading volumes across Russia and CIS has rebounded closing on on early spring levels, after a second quarter which marked three months of consecutive declines in activity across the local foreign exchange markets.
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Analysis
Russia Pushes for More Chinese Currency Swaps to Escape U.S Dollar Dependency
2014-08-11T15:22:54.000+02:00
The Russian and Chinese agree on having more direct Yuan/Ruble currency swaps in the future, seen as a part of a Russian drive to bypass and weaken the USD in retaliation for recent Western economic sanctions.
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Reports: Russia plans on banning Bitcoin, again reversing stance
2014-08-03T16:28:14.000+02:00
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Executive Moves
Paweł Tamborski Named CEO of WSE Following Successful Electoral Bid
2014-07-25T22:17:10.000+02:00
The Warsaw Stock Exchange (WSE) has elected former investment banker Paweł Tamborski as its newest Chief Executive Officer (CEO), following a receipt of approval from Poland’s Financial Supervisory Authority.
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Analysis
Payment Picks: New Chargeback Fees from Visa, US Card Operators Struggle in Russia
2014-07-25T16:05:39.000+02:00
During the past week we got new fees from Visa, the possibility that both Visa and MasterCard may cease operations in Russia and Amazon entering the mPOS market with a new wallet application for iOS and Android.
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Regulation
CRFIN Blacklists Global Trust Investment, Unrealistic Returns from Forex
2014-07-25T11:09:43.000+02:00
The Russian over-the-counter FX self-regulatory organisation has announced on its website that the entity named Global Trust Investment has been blacklisted due to promising unrealistic returns from forex trading.
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Victor Golovtchenko
Payments
MasterCard and Visa need to find a Russian payment provider or pay $2.9 billion deposit
2014-07-24T14:14:40.000+02:00
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Expert Insights
Is it Ethical to Make Profits from Violence Around the World?
2014-07-24T02:10:06.000+02:00
Yes, it’s fine. Right now, we’re facing renewed tensions in the Middle East, and a new Cold War sits out there like a pending order...
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Rob Booker
Brokers
Exclusive: Russian Forex Regulatory Discussion Leaks as Voting Postponed for Autumn
2014-07-18T09:58:57.000+02:00
Sources close to ongoing discussions claim two types of regulatory licenses for the Russian market - for prime brokerages and for retail brokerages which can only be sourcing liquidity from regulated prime brokerages.
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Brokers
FX Trading Volumes at Alpari Russia Lower by 5% in June to $88.5 bln
2014-07-14T16:44:49.000+02:00
During the second quarter of 2014 the Russian brokerage has reported FX trading volumes lower by 23.5% than in the first quarter, with activity on the local market not picking up materially after slumping in April.
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Analysis
Payment Picks: Xapo’s BTC Card Delayed, AmEx Confronts Justice Department
2014-07-11T12:09:51.000+02:00
This past week witnessed several noteworthy developments in the payment industry space. Our colleagues at Payment Magnates have provided us with this week’s top stories in the payment industry.
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Payments
Bank of Russia looking to legalize Bitcoin
2014-07-06T17:52:33.000+02:00
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Bank of Russia changes stance, says it's OK to use Bitcoin
2014-07-03T10:57:23.000+02:00
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Payments
Yandex.Money now offered as a payment option on AliExpress
2014-07-01T14:50:06.000+02:00
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Much like in World Cup, the Emerging Ones May Be FX’s Next Sensation
2014-06-28T16:47:44.000+02:00
Declines in volumes and volatility brings to the spotlight some exciting currencies and uncommon pairings. Can the BRIC block’s national coins go all the way to the final stages on the FX trading pitch?
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Payments
Officials aim to ease regulations to insure MasterCard and Visa stay in Russia
2014-06-24T16:13:40.000+02:00
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