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Forex Industry News

Swiss Attorney General Gets Involved with the Ongoing Forex Probe

April 8, 2014 - by - Leave a Comment

Switzerland’s attorney general’s office has revealed that it is currently in talks with authorities probing the alleged rigging of a key foreign exchange benchmark.  “Regarding manipulations in currency trading, the …

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Forex Industry News

MB Trading Becomes the First U.S. FX Broker to Use cTrader

April 8, 2014 - by - Leave a Comment

North American retail forex industry has been facing difficult times since the Dodd-Frank Act was enacted that stipulates that all forex brokers must set aside at least $20 million in …

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Forex Industry News

New Zealand Commerce Commission Confirms Forex Manipulation Probe in a Press Release

April 7, 2014 - by - Leave a Comment

The New Zealand Commerce Commission has released a statement posted on its website formally indicating that it is currently investigating the alleged forex benchmark manipulation. In its Cartel Leniency Policy, …

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Forex Industry News

Banks Rush to Install Automated Trading Systems as Forex Probe Deepens

April 6, 2014 - by - Leave a Comment

The recent investigation into allegations of foreign exchange rigging has seen bankers rush to install automated trading systems as clients look for safer ways to trade. A research by Greenwich …

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Forex Industry News

Bank of England Considers a Shake-Up of Foreign Exchange Committee

April 5, 2014 - by - Leave a Comment

The Bank of England is mulling whether to shake up the foreign-exchange committee that it maintains for traders and traders at a time when global probe is ongoing over possible …

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Forex Industry News

China’s Foreign Exchange Watchdog Expects Country to Hit Current Account Surplus

April 5, 2014 - by - Leave a Comment

The Chinese foreign exchange regulator announced on Friday that the nation’s current account will most likely remain in surplus in 2014; while it expects more capital outflows and inflows into …

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Forex Industry News

Molten Markets Unveils Fund Management Software that Upholds Transparency

April 3, 2014 - by - Leave a Comment

Several issues have been raised about the transparency of forex transactions, necessitating the need for technology companies to match changes in regulations and create solutions that fit in line with …

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Forex Industry News

IronFX Promotes Lobo to Head Spanish Operation, Plus500 Reports Higher Revenue

April 3, 2014 - by - Leave a Comment

Very few forex companies have grown at such dizzying pace as IronFX, which has expanded its business from its original Cyprus base to operate in every continent, with regulatory supervision …

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Forex Industry News

RBI won’t Consider Economy Fully Insulated until Forex Reserves Match China’s, Says Governor

April 3, 2014 - by - Leave a Comment

The Reserve Bank of India Governor Raghuram Rajan said that the economy won’t be considered fully insulated from external shocks unless foreign exchange reserves match those of China. “We have …

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Forex Industry News

OANDA Announces Appointment of Heads of Asia Pacific Region

April 3, 2014 - by - Leave a Comment

Foreign exchange trading services provider OANDA said in a press release on Thursday that it is pleased to disclose the appointments of Louis Cooper as the Managing Director of its …

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