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Forex Industry News

CMC Markets Full-Year Profit Jumps 260 Percent on Improved Trading Platform

April 28, 2014 - by - Leave a Comment

Financial derivates and forex firm CMC Markets Plc reported a huge improvement in its earnings as the company shifted its focus to high-quality client service and better trading platform. CMC …

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Forex Industry News

China Launches Its First Forex Exchange Center in its Vietnam Border

April 27, 2014 - by - Leave a Comment

China opened a currency trading center in its border with Vietnam yesterday in a move widely expected to halt widespread illegal private currency trading. The Association of Southeast Asian Nations …

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Forex Industry News

China Current Account Surplus Falls, CME to Launch European FX Exchange on Sunday

April 25, 2014 - by - Leave a Comment

China’s current account surplus declined to $7.2 billion in the first three months of the year, down from $44 billion in the final quarter of 2013, reported the nation’s State …

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Forex Industry News

Toronto-Dominion Appoints Former RBS Top Executive to Head its Institutional Forex Unit

April 23, 2014 - by - Leave a Comment

Canadian bank Toronto-Dominion Bank has appointed Adam Steiner to the post of the director of institutional foreign exchange business, confirmed a bank’s spokesman on Tuesday. Steiner arrives from RBC Capital …

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Forex Industry News

Cantor Fitzgerald Hires Former Morgan Stanley Executive to Head its FX Division

April 23, 2014 - by - Leave a Comment

Leading financial services firm Cantor Fitzgerald & Co has appointed James Reilly as its Global Head of Foreign Exchange Sales and Trading and Senior Managing Director “James brings to Cantor …

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Forex Industry News

Leading Forex Exchange Firm World First Enters into a Deal with WisePricer

April 21, 2014 - by - Leave a Comment

Pricing engine WisePricer has entered into a deal with World First UK Ltd, a leading foreign exchange firm based in England that handled over 4 billion pounds worth of transactions …

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Forex Industry News

Egypt’s Central Bank Warns Local Banks against Extra Commissions on Forex Transactions.

April 20, 2014 - by - Leave a Comment

Egypt’s central bank has issued a warning to banks that operate in the country against charging extra commissions on transactions involving foreign currencies, reported Zawya, which obtained the document containing …

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Forex Industry News

ESMA Chair Sees No Clearing Obligation for Forex Derivatives

April 17, 2014 - by - Leave a Comment

Forex exchange traders can heave a sigh of relief if they are absolved from shouldering an additional cost of clearing certain currency trades if the European Union concludes that they …

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Forex Industry News

iFexx Rolls out Algorithmic Investment Program Targeted at Individual Traders

April 16, 2014 - by - Leave a Comment

Forex signals firm iFexx has rolled out its Algorithmic Investment Program (AIP) which will help small traders to undertake high-frequency trading strategy in their forex dealings. High-Frequency trading (HFT) refers …

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Forex Industry News

IFX Appoints Rooster PR to Help Boost its Profile in UK and International Markets

April 14, 2014 - by - Leave a Comment

Leading forex consultancy International Foreign Exchange (IFX) has awarded digital communications firm Rooster PR the work of raising its profile in Britain and the rest of the world. IFX, which …

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