A British MP has said that governments shouldn’t rush to fully regulate the forex market following allegations that major banks conspired to fix key forex benchmarks. Andy Love, who sits …
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Leading foreign exchange firm FXCM Inc. revealed on Thursday that its U.S. unit Forex Capital Markets LLC (FXCM U.S.) had agreed to purchase the U.S. retail forex accounts of FXDirectDealer …
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Central Asia’s biggest economy Kazakhstan revealed that its net gold and foreign currency reserves surged to $27.6 billion as of April 30, up from $25.7 billion at the end of …
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Veterans of the forex industry have launched FTPrime, a trading platform that targets both small individual traders to small and mid-size traders. FTPrime is the latest product of Forex Technologies, …
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Market volatility is what keeps traders glued to their screens, what makes them interact more with their trading accounts and makes them pay more commissions to the brokers. Volatility is also essential …
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Creditors of the former New Zealand retailer of the OakFX forex trading system have now increased the amount of their claims to $2 million, up from $300,000 that they were …
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Financial services firm KCG saw its net income in the first quarter surge to $36.9 million, or $0.31 per diluted stock. The pre-tax profit from its continuing operations over the …
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Website traffic in the month of April 2014 was almost identical to that seen in April 2013. After seeing a y/y drop in March and after having low volatility during …
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CurrencyFair, an Irish peer to peer foreign exchange platform, passed the $1 billion barrier in money transfers, making it the first platform to do so globally. “We’re laying down a …
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A senior executive at Deutsche Bank is stepping down after 15 years at the financial institution. Kevin Rodgers, the bank’s global head of foreign exchange, said he is retiring to …
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