Russia
FX Trading Volumes at Alpari Russia Lower by 5% in June to $88.5 bln
- 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.
Monday, 14/07/2014 | 14:44 GMT by
Victor Golovtchenko
Payment Picks: Xapo’s BTC Card Delayed, AmEx Confronts Justice Department
- 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.
Friday, 11/07/2014 | 10:09 GMT by
Victor Golovtchenko
Bank of Russia changes stance, says it's OK to use Bitcoin
Thursday, 03/07/2014 | 08:57 GMT by
Leon Pick
Yandex.Money now offered as a payment option on AliExpress
Tuesday, 01/07/2014 | 12:50 GMT by
Adil Siddiqui
Much like in World Cup, the Emerging Ones May Be FX’s Next Sensation
- 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?
Saturday, 28/06/2014 | 14:47 GMT by
Adil Siddiqui
Officials aim to ease regulations to insure MasterCard and Visa stay in Russia
Tuesday, 24/06/2014 | 14:13 GMT by
FMAdmin Someone
Another Month of Double Digits Decline in Volumes for Alpari Russia
- After a 18% decline the previous month, Alpari suffered a 13.4% drop in May trading volumes in Russia and the Commonwealth of Independent States to below a figure the $100 billion mark. GBP/USD volume down.
Tuesday, 24/06/2014 | 06:40 GMT by
Avi Mizrahi
MasterCard is looking for local payment solutions in order to comply with new Russian regulations
Wednesday, 18/06/2014 | 09:56 GMT by
FMAdmin Someone
PR: GlobalCollect is helping merchants enter the Russian market with QIWI support
Tuesday, 17/06/2014 | 11:24 GMT by
FMAdmin Someone
Russia releases jailed payment exec to help build new national payment scheme
Thursday, 05/06/2014 | 07:36 GMT by
FMAdmin Someone
MOEX Q1 Net Profit up 11% QoQ, FX Volumes Totaled $1.57 Billion (RUB 53.8 Trillion)
- Moscow Exchange results for the first quarter show FX trading volumes rose 95.4% YoY to RUB 53.8 trillion, Spot trading volumes grew 60.8% YoY, and Derivatives on FX grew by 72% YoY, following RUB volatility.
Tuesday, 27/05/2014 | 07:17 GMT by
Steven Hatzakis
Russia comes to agreement with Visa and MasterCard
Sunday, 25/05/2014 | 08:40 GMT by
FMAdmin Someone
April Volume Numbers at Alpari Russia Slump by 18% on a Monthly Basis
- The Russian arm of the brokerage is reporting its volumes have fallen back to just below February levels of $107.7 billion following a rebound in March which concluded a very volatile quarter for the company.
Thursday, 22/05/2014 | 14:23 GMT by
Victor Golovtchenko
Russia to implement China UnionPay as own national payment scheme.
Monday, 19/05/2014 | 08:53 GMT by
FMAdmin Someone
Digital River to provide European payment solutions for Morinda.com
Sunday, 11/05/2014 | 10:13 GMT by
FMAdmin Someone
Major FX Stuck in Ranges, Low Volatility Spells Dismal FX Volumes Numbers for April
- For the past two weeks the most traded currency pair has been stuck in a 100 pips range, with other major FX pairs not doing much better, what are the potential triggers to unlock volatility going forward?
Wednesday, 30/04/2014 | 16:37 GMT by
Victor Golovtchenko
Russian Government: Forex Regulation Bill Needs More Work
- A vote on the second reading of the forex bill has not materialised as scheduled as the Economic Ministry views the bill to be lacking a clearly defined regulation subject, Finance Ministry says more work necessary.
Friday, 25/04/2014 | 12:13 GMT by
Victor Golovtchenko
FX Trading At Times Of Economic and Political Turmoil - Lessons From Turkey
- As the situation in the Ukraine is still unfolding and with more crises expected in 2014, Forex Magnates examined what occurred in the Turkish FX industry during the political predicament in the country.
Saturday, 19/04/2014 | 08:46 GMT by
Avi Mizrahi
BCS Appoints Ex-BofA Merrill Lynch MD Max Hayden as Head of Business Development
- The latest person to head BCS Financial Group's new business development efforts brings a nearly 30 year career holding senior roles in financial services including in Foreign Exchange related positions.
Tuesday, 15/04/2014 | 11:20 GMT by
Steven Hatzakis
New Russian Forex Bill: Offshore Regulation To Be Banned
- The Russian Duma will vote on a second reading the FX regulation bill on the 23rd of April, meanwhile the Parliament’s financial markets committee will ponder banning brokers based in offshore financial centres.
Monday, 07/04/2014 | 19:47 GMT by
Victor Golovtchenko
Russia: Ecommerce on the rise with only 15% card usage
Sunday, 06/04/2014 | 13:15 GMT by
FMAdmin Someone
Orc Group Partners With BCS Financial Group, Eyes Russian Markets And FX Deal
- BCS Financial Group, a leading financial group in Russia, announced a partnership with Orc Group in an initiative to trade Russian financial instruments on the Moscow Exchange and the London Stock Exchange.
Thursday, 03/04/2014 | 17:30 GMT by
Jeff Patterson
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