Search Results for: foreign exchange
Swissquote and Manchester United announce global partnership
January 27th, 2015
Swissquote Bank is the official forex & online financial trading partner of Manchester United Manchester United has announced a multi-year global sponsorship deal with Geneva-based online forex trading company Swissquote. Neither party gave details on the value for the ...
FXCM Revises FX and Gold Margin Requirements
January 22nd, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, announced that starting Wednesday, January 21, 2015 the firm will increase margin requirements globally on forex instruments, as well as gold in its ...
Russell Investments and Integral, launch Russell FX Network
January 21st, 2015
Russell Investments and Integral launch comprehensive execution service for institutional investors – designed to fix the Fix Integral announced today the launch of Russell FX Network: Novel end-to-end foreign exchange (FX) trading solution leverages Integral’s InvestorFX™ technology Offers superior ...
FXCM Provides Further Details on Financing With Leucadia National Corporation
January 20th, 2015
Further to the announcement that Leucadia is investing $300 million in cash into FXCM, the leading online provider of foreign exchange issued a stattement with further details on the financing. Read also the announcement Leucadia is investing $300 million in cash ...
Alpari (UK) Ltd is under administration
January 19th, 2015
Upon the application of the directors of Alpari (UK) Ltd, on Monday 19 January 2015, the High Court appointed Richard Heis, Samantha Bewick and Mark Firmin of KPMG LLP as joint special administrators of Alpari (UK) Ltd, under the ...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund
January 19th, 2015
Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. For ...
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 ...
London Capital Group Statement on Swiss Franc movement
January 16th, 2015
Following yesterday’s announcement by the Swiss National Bank, which resulted in extreme movement in the value of the Swiss Franc, and a sudden reduced liquidity in the Swiss Franc foreign exchange market, London Capital Group provides an update on ...
Russia Abandons PetroDollar By Opening Reserve Fund
January 16th, 2015
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has yet to ...
What the Swiss franc shock means for markets
January 16th, 2015
Dennis Gartman told CNBC the Swiss decision Thursday to abandon a key part of its monetary policy is the worst central bank move he’s ever seen. “This really is I think a silly decision on their part and it ...
