Search Results for: forex
Rupee retreats from lows as cbank steps up dollar purchases
July 4th, 2014
Rupee was trading at 59.80/81 versus its close of 59.73/74 as the central bank steps down dollar purchases while a fall in the domestic sharemarket also hurts. Dealers say the central bank has been spotted buying dollars sporadically via ...
ASIC shuts down unlicensed foreign exchange trading
July 4th, 2014
The Australian Securities and Investments Commission (ASIC) following its strict financial regulatory policy has commenced action in the NSW Supreme Court to stop Vault Market Pty Ltd and its sole director, Mr MD Anamul Amin, of Wiley Park, New South ...
Barclays chairman warns on FX regulation
July 4th, 2014
The foreign exchange market needs “fine tuning” rather than heavy handed reform, the chairman of Barclays argued on Thursday, as he unveiled a new compliance academy aimed at raising standards within the bank. Sir David Walker said that while ...
FCA warning against unauthorised firm
June 23rd, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that Capital One Forex (www.capitaloneforex.com) is not permitted to provide any financial services or products. FCA points out that this company is neither ...
Core Liquidity Markets Announces MT4 Mobile Trading
June 19th, 2014
An Australia-based Forex broker and ASIC regulated ACN 164 994 049, namely Core Liquidity Markets, has announced the release of the MetaTrader 4 mobile trading application. The application is available for both iPhone and android and there is an IPad version available ...
Dukascopy Bank SA introduces a new rollover policy
June 16th, 2014
Dukascopy Bank SA has announced a new rollover policy, starting from June 30, 2014 where two additional rollover schemes will be available: Premium and Advanced. The clients will be automatically switched between the schemes at the end of a ...
Phillip Futures Selects FlexTrade for White Label FX & Precious Metal Trading
June 16th, 2014
A global leader in multi-asset execution and order management systems, FlexTrade Systems, Inc., today announced Phillip Futures, a member of PhillipCapital Group , has deployed MaxxTrader, its full STP, white label FX trading system to process client NDFs, spot currencies ...
Rupee slips against US dollar
June 13th, 2014
The rupee hit day’s low of 59.80 against the US dollar in intraday trade amid sustained bouts of demand for the American currency from banks and importers. Earlier, the rupee resumed lower at 59.31 per dollar as against yesterday’s ...
Caution reigns as traders await Mr Draghi
June 5th, 2014
The euro is steady, benchmark bond yields nudging lower and bourses are mixed as investors wait to see if the European Central Bank will introduce a package of measures designed to tackle deflation concerns and boost the bloc’s economy. ...
China’s Yuan edges lower on Dollar demand for dividend payments
June 4th, 2014
China’s yuan weakened marginally against the dollar on Wednesday as overseas-listed Chinese companies bought dollars to pay interim dividends, traders said. Spot yuan stood at 6.2552 per dollar at midday, easing 0.02 per cent from Tuesday’s close as the ...
