Search Results for: Swiss National Bank
Computer-Driven, Automatic Trading Strategies Score Big
February 6th, 2015
So-Called Quant Traders Take Advantage of Volatility ‘These are the best conditions we’ve seen since 2008,’ says Roy Niederhoffer Recent market volatility caught many investors flat-footed. Among the few winners were traders who let a computer be their guide. ...
‘Currency war’ to be ‘lose-lose’ game: Strategist (video)
February 4th, 2015
With each fresh headline of a central bank cutting interest rates comes rising concerns over the global race to the bottom. As the U.S. contemplates coming off policies that suppressed the dollar’s value, its counterparts are heading in the ...
FXCM announcement on Negative Balances
January 28th, 2015
FXCM issued a press release informing that: Forgives Majority of Clients Who Incurred Negative Balances FXCM Inc. (NYSE:FXCM), announced today its decision to forgive approximately 90% of its clients who incurred negative balances in certain jurisdictions, on January 15, ...
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 ...
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 ...
Gold is the New Cash: Weak Currencies Cause Gold Prices to Soar
January 20th, 2015
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading ...
Alpari (UK) Ltd is under administration
January 19th, 2015
Upon the application of the directors of Alpari (UK) Ltd, on Monday 19 January 2015, the High Court appointed Richard Heis, Samantha Bewick and Mark Firmin of KPMG LLP as joint special administrators of Alpari (UK) Ltd, under the ...
FXTM announced Normal Trading Resumes in fully Tradable Mode Again
January 19th, 2015
After switched trading on CHF-based instruments to “Close-only” mode, FXTM announced today Normal Trading Resumes with CHF-based Instruments in Fully Tradable Mode Again. Markets are gradually stabilizing in the aftermath of last week’s surprise events, which shocked the global ...
Investors fear global economy slowdown
January 16th, 2015
US stocks were traded lower on Thursday for the fifth consecutive time. Investors are concerned over global economy slowdown, which indicates a plunge in world crude oil prices, and fear that the results of American earnings reports wouldn’t meet ...
Euro pinned near 11-year low as SNB move beefs up bets on ECB stimulus
January 16th, 2015
The euro languished just above an 11-year trough on Friday as investors wagered that the Swiss move to abandon its currency cap meant it was almost certain the European Central Bank would launch large-scale bond buying next week. The ...
