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Forex Industry News

Interview with Vatsa Narasimha, EVP and CSO at OANDA

July 4, 2014 - by - Leave a Comment

We hereby present an interview with Vatsa Narasimha, Executive Vice President  and Chief Strategy Officer at OANDA Corporation. In the interview Narasimha discusses the integration of Currensee’s features in OANDA’s platform, details …

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Forex Industry News

International Exchange June Volumes Up, FOREX.com Releases Q3 Outlook

July 3, 2014 - by - Leave a Comment

Intercontinental Exchange has reported that its total forex volumes for the month of June stood at 32,000, an improvement from 20,000 in May, representing a growth of 60 percent month-on-month. …

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Forex Industry News

GAIN Capital Acquires Galvan Research for Undisclosed Amount of Money

July 2, 2014 - by - Leave a Comment

New Jersey-based GAIN Capital has entered into a deal to purchase 100 percent stock in Galvan Research for undisclosed terms. Galvan Research was established in 2004 by the trio of …

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Forex Industry News

Markit Announces Plans to Develop New Comprehensive FX Options Solution

July 2, 2014 - by - Leave a Comment

Financial research firm Markit announced that it will develop a new exhaustive service for facilitating electronic trade confirmation and execution administration for the foreign exchange options market. The service will …

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Forex Industry News

Forex Crunch Key Metrics June 2014

July 1, 2014 - by - Leave a Comment

The sixth month of the year continued the stagnation seen in previous months and goes along with the lack of fresh volatility, even though the situation didn’t deteriorate. Year over year, …

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Forex Industry News

India’s Forex Reserves Edged up by $1.386 Billion Last Week, Sagurton Promoted at State Street

June 27, 2014 - by - Leave a Comment

India’s forex reserves grew by $1.386 billion in the week through June 20 after the Reserve Bank of India bought dollars from currency markets while investment inflows remained steady. The …

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Forex Industry News

PBOC Removes Restrictions on Foreign Currency Deposit Rates as it Loosens Interest Rate Controls

June 26, 2014 - by - Leave a Comment

The People’s Bank of China has given banks more freedom to fix foreign currency deposit rates in the financial capital of Shanghai as it moves to loosen interest-rate controls in …

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Forex Industry News

Thomson Reuters Agrees Deal with CME Group, China’s SAFE to increase FX Derivatives

June 25, 2014 - by - Leave a Comment

Thomson Reuters on Wednesday revealed that it has entered into a deal with CME group to provide liquidity access in commodity markets. This means that Thomson Reuters Eikon clients that …

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Forex Industry News

Prominent Tokyo FX Seller for Goldman Sachs Quits, NFA Bans Credit Cards

June 24, 2014 - by - Leave a Comment

A prominent Japanese foreign exchange seller at Goldman Sachs is departing from the company. Wako Ogawa, 44, is a vice president at the bank and will leave for another financial …

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Forex Industry News

More Banks Now Move to Automatic FX Trading to Reduce Costs and Scandals

June 23, 2014 - by - Leave a Comment

More banks are moving to automatic foreign exchange trading in order to reduce costs and the risk of price manipulation by human employees. Major lenders such as UBS and Barclays …

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