Search Results for: SNB
Boston Prime disabled all trading services
January 27th, 2015
Following the decision of the Swiss National Bank and the volatility of EURCHF on January 15, another firm has disabled all trading services. Boston Prime Ltd., a UK FCA regulated firm, disabled all trading services as a result of ...
Swiss central bank ready to intervene: official
January 27th, 2015
The Swiss franc fell on Tuesday after a senior official at the Swiss National Bank was quoted as saying the central bank was still prepared to intervene to keep the currency relatively weak. The euro jumped to over 1.03 ...
Swiss Franc’s Leap Lifts Some FX Brokers
January 26th, 2015
Even as some foreign-exchange brokers that focus on serving retail customers were getting hammered by the surprise surge in the Swiss franc earlier this month, other firms that deal mostly with big banks, hedge funds and other large clients ...
IronFX says bidding for Alpari after Swiss collapse
January 23rd, 2015
Cyprus-based online forex broker IronFX said on Thursday that it was in talks to buy Alpari UK, which went into administration earlier this week following heavy losses on the Swiss franc. “We are in the process of making a ...
Pepperstone announced that Ceased DKK and HKD Pairs
January 23rd, 2015
With a press release issued today, Pepperstone announced that: Pepperstone’s bank liquidity providers have informed them that they are no longer able to provide liquidity on pegged currency pairs (DKK and HKD). This is due to the volatility from ...
Fresh progress in China-Switzerland financial cooperation
January 22nd, 2015
The Swiss National Bank (SNB) and the People’s Bank of China (PBC) signed, yesterday Jan 21 2015, the Memorandum of Understanding on the establishment of RMB Clearing Arrangements in Switzerland, and the PBC decided to extend the pilot scheme of ...
Malta Financial Services Authority released on Swiss Franc
January 22nd, 2015
MFSA, Malta’s financial Services regulatory authority issued a press release asking for information. On Thursday 15th December 2015, the Swiss National Bank (SNB) announced that it will no longer be enforcing and maintaining the minimum exchange rate for the Swiss ...
IronFX Global announces on negative client balances
January 21st, 2015
IronFX Global has issued an announcement stated that: It has fully covered any negative client balances arising from the recent SNB event. IronFX the Global Leader in Online Trading has announced that it has covered any negative client balances ...
Gold atop $1,300 for the first time since August
January 21st, 2015
Investors are rushing back into gold, so much so that they pushed the price above $1,300 an ounce for the first time since August. In early electronic trading on Wednesday, gold for February delivery GCG5, +0.60% gained $9.10, or 0.7%, to $1,303.20 ...
Swiss banks try to calm scared shareholders
January 21st, 2015
SWISS financial institutions and firms that trade with them yesterday tried to reassure investors who had been walloped by the soaring franc last week, after the central bank removed the currency’s peg with the euro. The Swiss National Bank ...
