Chicago-based CME Group Inc, which operates the world’s biggest derivatives exchange, has been sued by traders who accuse it of vending crucial market data to high frequency traders, depriving other …
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With local interest rates still high, Indian banks and companies have turned to international debt market to finance their working capital requirements and refinance costly rupee loans. The firms have …
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The Reserve Bank of India has relaxed its rules concerning the process of importing rough diamonds, or more commonly roughs. Until today, an advance payment without any standby letter of …
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The mean daily trading volumes in foreign exchange market rose in March, with the trades well above the $5 trillion level for the third consecutive month, according to a report …
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Senior foreign exchange industry executives are set to meet to explore how they can change culture on trading desks and various alternatives to benchmarks in order to wade off the …
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The recent bankruptcy of Hedefonline, an unlicensed forex mediation website that served Turkish investors shows the importance of dealing with credible institutions, said industry representatives. The company collapsed with 20 …
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Russia will resume its foreign currency buying program to shore up its reserve fund starting April 14, said its finance ministry on Thursday. It will buy volumes amounting to 3.5 …
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Forex broker Global Prime Partners has announced in a press release that it has awarded Deutsche Bank a contract to provide clearing, custody and execution services for its clients. Most …
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Following the shutdown of ILQ in the US, which mostly had IBs as clients, I had quick written interview with Vatsa Narasimha, Executive Vice President and Chief Strategy Officer at OANDA Corporation. Narasimha …
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The U.S. Commodity Futures Trading Commission (CFTC) fined Capital Market Services, LLC (CMS), the parent company of CMS Forex a civil monetary penalty of $275,000 for failing to comply with …
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