Search Results for: foreign exchange
Group of Twenty IMF Surveillance Note
February 25th, 2016
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, especially in advanced economies, increasing the likelihood of a further ...
Oanda acquires tradestation forex accounts
February 25th, 2016
OANDA a leading global provider of online foreign exchange (“Forex”, “FX”) and over-the-counter commodities and indices trading services, today announced an agreement to acquire all of the forex accounts of IBFX, Inc. (a/k/a TradeStation Forex), the forex dealer firm subsidiary of ...
China shares drop, with the Shanghai Composite tumbling more than 5%
February 25th, 2016
China markets tumbled Thursday, extending a long rout, but some Asian markets posted gains following Wall Street’s reversal of sharp intraday losses overnight on the back of higher oil prices. Concerns were raised over China this week after the People’s ...
EBS BrokerTec sees further growth in eFix Matching
February 23rd, 2016
EBS BrokerTec, ICAP’s market-leading electronic foreign exchange (FX) and fixed income business, announces today that it has launched 12 new daily WMR fixes through the eFix Matching solution, with plans to provide electronic execution for all 24 hourly WMR ...
Why the Chinese Yuan Will Lose 30% of its Value
February 19th, 2016
The stark truth is nobody wants yuan any more. The U.S. dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the yuan (renminbi) to the USD for many years. Until mid-2005, ...
Gold outlook improves
February 12th, 2016
There is a conflation of three related events that materially alter the prospects in favour of a higher gold price. The change in the outlook for US interest rates has probably put an end to the dollar’s four-year bull ...
RiksBank:Repo rate cut to –0.50 per cent
February 11th, 2016
The economy continues to strengthen but inflation is expected to be lower during 2016 than previously forecast. The period of low inflation will therefore be longer. This increases the risk of weakening confidence in the inflation target and of ...
BATS Global Markets reports Year-onYear Market Share Gains
February 10th, 2016
Becomes #1 Listing Venue for January with 85% of U.S ETF Listings Market Share Rises for U.S. and Europe Equities, U.S. Options; Hotspot ADV Up 27% from December BATS Global Markets (BATS) reported January data. Highlights include market ...
GAIN Capital to Launch International Money Transfer Business
February 10th, 2016
Pioneer in online foreign exchange trading set to launch service in the second quarter Will operate as ForeignExchange.com Offers alternative to high bank fees and will serve retail and business customers GAIN Capital Holdings, Inc. a global provider of ...
FXCM Reports Monthly Metrics
February 10th, 2016
FXCM Inc. (NYSE:FXCM) announced certain key customer trading metrics for January 2016 for its retail and institutional foreign exchange business. January 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail customer trading volume(2) of $331 billion in January ...
