Dutch Finance Minister Jeroen Dijsselbloem said it would be "crazy" to extend the Greek bailout beyond its midnight expiration as Athens was refusing accept the European proposals on the table
Read moreThe total trading volume of Click365 exchange-traded FX Margin contracts in June was 3,822,266 compared with 2,764,360 contracts in May this year, a figure which was 0.9% lower than in April 2015
Read moreEach of Monitise and Santander will commit £10 million to a 50:50 joint venture to develop new Fintech and currency technologies
Read moreHotspot FX completed June with average daily volumes slightly lower than those achieved in May, itself a month with a 10% decline in daily trading activity compared with April this year
Read moreBank Indonesia says the prohibition against foreign currency in domestic transactions is intended to reduce reliance on the dollar and other foreign currencies and mitigate against capital outflows
Read moreA rickshaw driver in Bangalore, India discovered a bag left behind by a customer When the customer exited the rickshaw containing 4,100 Euros, 10,000 Malaysian Ringgits, 2.99 lakh Sri Lankan Rupees, 45,805 UAE Dirham and Rs. 11,000 in cash which an employee of an FX company in Chennai was to hand to a colleague
Read moreOf the 28% of derivatives that were traded over-the-counter in 2014, on average only 3% were cleared by central clearing counterparties. The remaining 97% were cleared through bilateral transactions, with order flow between North America and the Asia Pacific region being the most prominent
Read moreIndustry renowned risk management mastermind Jeff Wilkins provides a unique and specific insight into how to manage an FX brokerage during a time at which the potential exit by Greece from the Eurozone is a potential trigger for extreme volatility.
Read moreTwo Bitcoin entrepreneurs, Oz Nathan and Guy Zyskind along with MIT's Media Lab have developed Enigma, a system which allows total privacy when sharing data on cloud-hosted servers, based entirely on the cryptography behind Bitcoin
Read moreShould the proposed rule be implemented, U.S. covered swap entities would be required to comply with the Commission’s margin rules for all uncleared swaps but would be eligible for substituted compliance with respect to margin that they post (but not that they collect) for swaps with certain non-U.S. counterparties
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