Search Results for: Trading
Saxo Bank attracting new clients after Swiss currency surprise
January 19th, 2015
Saxo Bank, the Danish based online multi-asset trading and investment specialist, is experiencing a fresh inflow of clients today in the aftermath of significant changes in the Swiss currency crosses. Steen Blaafalk, Global Head of Finance and Risk Operations, ...
Leucadia is investing $300 million in cash into FXCM to Permit FXCM to Continue
January 19th, 2015
Leucadia National Corporation (NYSE: LUK) and FXCM (NYSE: FXCM) announced that Leucadia would be providing $300 million in cash to FXCM and its subsidiaries (collectively “FXCM”) that will permit FXCM to meet its regulatory-capital requirements and continue normal operations ...
GFG Weekly Market Insight – 2015: The Year of Massive Market Volatility? (week 12 Jan 2015)
January 16th, 2015
We continue to believe that one of the big themes to play out in the financial markets in 2015 will be increasing multi-asset class volatility. Reasons to think this may be the case include: (1) the bullish chart technicals ...
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 ...
FXTM Announce on CHF Pairs
January 16th, 2015
Trading on CHF Pairs Switches to “Close-Only” Mode Following SNB Shock Decision The Swiss National Bank’s decision to abandon the franc’s cap against the euro just days after officials stated that this policy is as concrete as ever, sent ...
Goldman Sachs Trade Was Caught Short by Swiss Bank Move
January 16th, 2015
The Swiss move to scrap the floor that kept its currency’s strength in check against the euro caught most people by complete surprise. Among them: Goldman Sachs GS -0.97%. One of its key trading ideas for 2015 has been ...
FxPro Announcement regarding CHF Movement
January 16th, 2015
FxPro Group announces that negative balances resulting from yesterday’s extreme market conditions on CHF crosses have not affected the funds of our clients. All such losses were borne solely by the capital the company places as collateral with its ...
FXCM Comments on Swiss Franc Movement
January 16th, 2015
FXCM (NYSE:FXCM) an online provider of forex trading and related services worldwide, announced today due to unprecedented volatility in EUR/CHF pair after the Swiss National Bank announcement this morning, clients experienced significant losses, generated negative equity balances owed to ...
Statement on Swiss Franc Movement
January 16th, 2015
Following yesterday’s exceptional market events due to the Swiss National Bank’s abandonment of its EURCHF floor, many brokers have experienced major losses in their trading book. IronFX Global Limited was not affected by these events due to our strong ...
Japan stocks plunge as yen surges; Sony down 4.1%
January 16th, 2015
Dramatic moves on the forex market sent Japanese stocks barreling lower out of the Friday open, with the Nikkei Stock AverageNIK, -1.43% down 2.1% (erasing the previous day’s 1.9% rally) and the broader Topix weaker by 1.8% in the early minutes. ...
