Search Results for: Swiss National Bank
Alpari issued a press release regarding Global Expansion of its Business
February 6th, 2015
Alpari’s chairman of the board of directors, Andrey Dashin has completed a deal to acquire Alpari (UK)’s intellectual property. This, amongst other things, includes the Alpari trade marks and domain names and encompasses more than 60 countries. These countries ...
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 ...
Commodity currencies feel heat; dollar, yen, euro stable
January 30th, 2015
Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/2 year lows as they bet on the Australian central bank reducing interest rates when it meets next week. While currencies from energy and resource producing countries, such ...
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, ...
Liquid Markets issued Important Notice
January 28th, 2015
Following the decision by the Swiss National Bank to remove the informal peg between the Swiss franc and the euro, which prompted volatility across the foreign exchange markets LQD Markets (UK) Limited (“LQD”) has experienced trading difficulties and has ...
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 ...
FXCM Provides Business Update
January 26th, 2015
FXCM Inc. (NYSE:FXCM), released on January 23 an update on its business as well as a statement from Chief Executive Officer, Drew Niv, on FXCM’s month-to-date metrics along with the firm’s current plans to pay down its debt. Richard Handler, Chief Executive Officer, and Brian ...
Exness released: Compensation for negative account balances
January 23rd, 2015
Exness issued a press release responding to numerous appeals from traders in the aftermath of the Swiss franc’s “lift-off” on January 15: Remember that as a consequence of the abrupt increase the Swiss franc’s exchange rate relative to the ...
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 ...
