Search Results for: foreign exchange
CME Group Reached Average Daily Volume of 15 Million Contracts per Day in September 2016
October 5th, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that September 2016 average daily volume (ADV) reached 15 million contracts per day, up 6 percent from September 2015. CME Group September 2016 options volume averaged 2.9 million contracts per day, up 9 ...
Saxo Bank is launching a new order execution model for FX and CFD Indices
October 4th, 2016
Saxo Bank, the trading and investment specialist, announces today that it is launching a new order driven execution model for FX Spot, FX Forwards and CFDs on Indices and Commodities, aligning its practices with those in other asset classes ...
Is Forex Trading Gambling? The Short Answer Is No
October 3rd, 2016
To the uninitiated, there appears to be little difference between forex trading and gambling. The same can be said of any form of financial trading. There are many layers to the question, is forex trading the same as ...
America is on a slippery slope
September 30th, 2016
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for the G-20 summit in early September, the CIA security men ...
OPEC Agrees to First Oil Output Cut in Eight Years
September 29th, 2016
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of a deal that will cut production for the first time ...
CBOE Holdings Agrees to Acquire Bats Global Markets in a $3.2 billion deal
September 26th, 2016
CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) today announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by unanimous votes of the ...
FXPA Welcomes HC Technologies as Supporting Member
September 16th, 2016
The Foreign Exchange Professionals Association (FXPA) announced the addition of HC Technologies as the newest Supporting Member of the FX trade group, bringing the total number of institutional members of FXPA to 24. “HC Technologies is pleased to support ...
Swiss National Bank leaves expansionary monetary policy unchanged
September 15th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At ...
FXCM reports trading metrics for August 2016; Retail customer trading volume 4% lower than July 2016
September 13th, 2016
FXCM (NYSE:FXCM) has issued a press release to announce certain key customer trading metrics for August 2016 for its retail and institutional foreign exchange business. August 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail ...
IMF tranche will allow more Ukraine FX liberalisation
September 9th, 2016
The expected release of an IMF loan tranche next week will allow Ukraine to continue liberalising its foreign exchange regime, including dividend repatriation by investors, the chief economic adviser to the prime minister said on Friday. Kiev will hear ...
