Search Results for: foreign exchange
Asia markets take another tumble as rout persists
January 21st, 2016
Markets in Asia lost early gains and tumbled into negative territory in afternoon trade, following another selloff on Wall Street overnight on global growth concerns, uncertainty in China and fresh lows in oil prices. The Shanghai composite touched its ...
RBS partners with New Change to deliver independent TCA FX tool
January 19th, 2016
The Royal Bank of Scotland plc (“RBS”) has chosen New Change Currency Consultants Limited (“NCFX”) to deliver an independent way for large corporate and financial institution customers to measure “slippage” and run a portfolio analysis of their currencies trades ...
FXCM Inc (FXCM) Drops 5.61% on January 18
January 19th, 2016
FXCM Inc (FXCM) was one of the Russell 2000’s biggest losers for Monday January 18 as the stock slid 5.61% to $12.95, a loss of $-0.77 per share. Starting at an opening price of $13.24 a share, the stock traded ...
BATS Global Markets reports record 2015 Market Share
January 18th, 2016
BATS Global Markets reports record 2015 Market Share in U.S Equities, Options and ETF Trading; Remains #1 Europe Stock Market More Than Doubles the Number of ETFs Listed on Its U.S. Market in 2015, Bringing Total Number to ...
Two former Forex traders will sue their former employers this month
January 14th, 2016
Ex-Barclays, Citi FX traders sue for unfair dismissal in London Two former foreign exchange traders will this month sue their former employers Barclays and Citigroup for unfair dismissal at a London court. Former Barclays FX trader Jack Murray is ...
China doesn’t restrict forex sales to individuals: regulator
January 14th, 2016
The State Administration of Foreign Exchange (SAFE) said Wednesday it does not limit foreign currency sales to individuals, although China faces dropping forex reserves. SAFE denied media reports that Chinese banks put restrictions on foreign currency sales as many ...
FXCM Reports Monthly Metrics
January 13th, 2016
FXCM Inc. (NYSE:FXCM) announced certain key customer trading metrics for December 2015 for its retail and institutional foreign exchange business. December 2015 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics Retail customer trading volume(2) of $323 billion in December ...
China names central bank deputy governor as new forex boss
January 13th, 2016
China’s cabinet has named Pan Gongsheng, a deputy governor of the country’s central bank, as its new top foreign exchange regulator to manage the country’s currency reserves and steer yuan reforms. Pan will replace Yi Gang as head of ...
CLS monthly data for December 2015
January 12th, 2016
CLS has issue a report to make publish its monthly volumes for December 2015. According to the company: Total input volumes1 and values In December 2015: The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 961,698 down ...
China forex regulator says will ramp up risk control efforts
January 11th, 2016
China’s foreign exchange regulator said on Saturday it will ramp up risk control efforts, push ahead with regulatory reforms and look to accelerate the development of the country’s foreign exchange market in 2016. The State Administration of Foreign Exchange ...