Search Results for: Forex
China central bank orders banks to tighten supervision of clients’ forex deals: sources
September 18th, 2015
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter told Reuters on Friday. China’s yuan is not freely convertible ...
UK Forex Awards Winners
September 18th, 2015
The 2015 UK Forex Awards event was hosted at The Crypt, St Etheldreda’s Church, London, on Wednesday 16th September 2015. The winners of the 16 categories are: – Best Forex Introducing Broker Scheme City Credit Capital – Best Value ...
China to conduct checks on firms’ forex buying to prevent speculation
September 17th, 2015
China will conduct checks on firms’ foreign exchange buying to prevent speculation, an official at the country’s foreign exchange regulator said on Thursday. Wang Yungui, head of policy and regulation department at the State Administration of Foreign Exhange (SAFE), ...
Forex Investors See Regulation as a Top Issue
September 17th, 2015
Tightening rules could make currency trading more difficult, expensive Global regulators are tightening rules around trading in financial markets after a series of scandals, which could make currency trading more difficult and expensive, said industry participants at a foreign-exchange ...
What Is The Difference Between Bitcoin, FOREX & Gold? ‘A Tripod Theory’
September 10th, 2015
As Bitcoin and it’s counterparties known as “altcoins” enter the mainstream many investors are seeking information on the mechanics of trading these revolutionary peer-to-peer niche oriented decentralized global cryptocurrencies. Bitcoin, forex and gold have many similar yet distinct differences that make each a unique and viableinvestment vehicle. Bitcoin is a ...
Millenium Capital Exchange CEO Sentenced to Federal Prison for Running Forex Ponzi Scheme
September 3rd, 2015
Stafford S. Maxwell, the former owner and Chief Executive Officer of Millennium Capital Exchange, Inc., was sentenced to three years, nine months years in prison for orchestrating a multi-million dollar foreign exchange market Ponzi scheme. “With false promises of ...
China tightens trading rules on forex, stock markets
September 3rd, 2015
China has announced tougher rules on trading stock index futures and foreign exchange derivatives as it seeks to steady jittery markets whose weakness has raised concern over the health of the world’s second-largest economy. Facing slowing economic growth and ...
NFA: Effective date of new Forex Dealer Member Requirements
September 2nd, 2015
Effective date of new Forex Dealer Member Requirements The Commodity Futures Trading Commission (CFTC) recently approved NFA‘s amendments to NFA Financial Requirements Section 11, NFA Financial Requirements Section 12, and NFA Compliance Rule 2-36 and a related interpretive notice ...
CFTC Approves National Futures Association Rules Enhancing Protections for Retail Forex Customers
August 28th, 2015
The U.S. Commodity Futures Trading Commission (Commission) today approved rule amendments and a new interpretive notice filed by the National Futures Association (NFA). NFA is a registered futures association under section 17 of the Commodity Exchange Act (Act), and ...
Swiss issuers to weather forex storm
August 26th, 2015
The ‘Swiss Credit Handbook 2015’ published today by Credit Suisse contains the credit profiles of the most important Swiss issuers and participants in the Swiss franc capital market. Assessments of the creditworthiness of the different entities covered by Credit Suisse credit ...