Search Results for: foreign exchange
Pound to Euro Rate: Beware a Capitulation Lower
December 15th, 2016
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR could be destined to fall as low as 1.11 again. ...
FXCM Reports Retail customer trading volume of $353 billion in November
December 14th, 2016
FXCM Inc. (NASDAQ:FXCM) announced certain key customer trading metrics for November 2016 for its retail and institutional foreign exchange business. November 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail customer trading volume (2) of ...
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
December 14th, 2016
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut. U.S. West Texas Intermediate (WTI) ...
CME Group Announces New Senior Management Positions
December 12th, 2016
CME Group today announced that it has appointed Julie Winkler and Kim Taylor to new roles on its management team. Winkler, a 20-year veteran of CME Group, will serve as the company’s Chief Commercial Officer, overseeing sales, product marketing, ...
FCA is proposing stricter rules for firms selling ‘contract for difference’ (CFD) products to retail customers
December 6th, 2016
The Financial Conduct Authority (FCA) is today proposing stricter rules for firms selling ‘contract for difference’ (CFD) products to retail customers to improve standards across the sector and ensure consumers are appropriately protected. Contracts for differences, such as spread ...
The Asia-Pacific FinTech landscape is witnessing unprecedented growth
December 5th, 2016
The Asia-Pacific Financial Technology (Fintech) landscape is witnessing unprecedented growth with Fintech solutions and services expected to gross more than US$70 billion in revenue by 2020, with a CAGR of 72.5 percent. Singapore, Hong Kong, and Sydney are innovation ...
FXCM US and QuantConnect Announce Live Trading Integration
December 5th, 2016
Forex Capital Markets LLC, (“FXCM US” or “FXCM” ) the US entity of FXCM Inc. (NASDAQ:FXCM), a global online provider of foreign exchange (FX) trading and related services, announced today Live Trading Integration with QuantConnect, a leading cloud-based algorithmic ...
IC Markets Reports Record Month of Volumes in November
December 1st, 2016
International Capital Markets Pty Ltd (IC Markets), Australia’s largest True ECN Foreign Exchange provider reports record trading volumes of 188 billion USD for the month of November, including 16.5 billion USD on the day of the US election. The ...
Societe Generale: The euro is likely to trade even against the US dollar by time France elects president
November 23rd, 2016
The euro is likely to trade even against the US dollar ahead of French presidential elections in April, according to the Paris-based bank Societe Generale. The dollar strengthened more than six percent against the euro after Donald Trump won ...
Goldman Sachs Drops Out of R3 Blockchain Group
November 22nd, 2016
Goldman Sachs Group Inc. has dropped out of the R3 CEV LLC blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure. ...
