Search Results for: forex
Forex Probes Caused by Isolated Traders’ Misbehavior, Task Force Chief Says
May 14th, 2015
A few individuals are responsible for a scandal that is costing banks billions A few traders are responsible for the foreign-exchange scandal that is costing banks billions in fines, said the central banker assigned to help restore confidence in ...
FOREX: Dollar strengthens as Greek debt crisis weighs on euro
May 12th, 2015
* Pressure remains on kiwi from rate-cut expectations * Sterling holds most post-election gains after BOE stands pat The dollar firmed against major counterparts on Tuesday, as ongoing anxiety over Greece‘s debt crisis helped push the euro toward a one-week ...
Forex Trend’s director confirmed to FMA that plans to appoint liquidator
May 11th, 2015
One week ago, FMA, New Zeralands Financial Regulator announced that Forex Trend cannot meet its obligations to clients and will soon appoint liquidator. Many of its clients complained for not being able to withdraw their money. Today, the website ...
ACPR and AMF warn the public against unauthorized websites and entities proposing Forex investments
May 7th, 2015
The Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) are publishing a new updated list of websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without ...
JPMorgan in advanced talks to settle forex investigation
May 6th, 2015
JPMorgan Chase & Co (JPM.N) said on Tuesday it is in “advanced stages” of settlement talks with the U.S. Department of Justice and Federal Reserve over previously disclosed investigations into its foreign exchange trading. The company gave the description ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Bank of Russia Opposes Forex Restrictions
April 28th, 2015
The Bank of Russia said late Monday that it opposes any restrictions on using foreign currencies in Russia, addressing earlier calls from the country’s security council. The inter-agencies commission of the Security Council of Russia had told the central ...
BofA Investors Say Settlement Reached in Forex Class Action
April 17th, 2015
Bank of America Corp. investors say they’ve settled a lawsuit accusing the company of rigging prices in the foreign-exchange market. The investors, several pension and hedge funds, didn’t reveal how much the bank would pay in a statement Thursday ...
Alpari’s Launch of a New ECN Set to be a Groundbreaking Moment for the Forex Market
April 15th, 2015
Together with AMTS Solutions, headed by Dmitriy Rannev, Alpari is preparing to launch a large scale project. The company’s trading servers are being transferred onto a revolutionary new ECN which encompasses the height of latest technologies and solutions in ...
NinjaTrader Launches Forex Brokerage Services
April 7th, 2015
NinjaTrader Group, LLC has announced the addition of forex trading to the services available through NinjaTrader Brokerage. Users of the awardwinning NinjaTrader platform can now access the world’s largest and most liquid market directly through a NinjaTrader Brokerage trading ...
