Despite its instability and susceptibility to risk, Bitcoin derivatives may be available as an NDF in the near future The eventful year of high profile events and ever-changing circumstance which surround virtual currency have largely not resulted in FX firms adopting it as a tradable instrument, except for a few pioneering mavericks. Even the volatility…
Read moreAs Russian financial giant Bank Rossiya joins the list of banks on the receiving end of sanctions by US authorities, FX industry professionals debate the potential impact Russia has made tremendous steps over recent months in its quest to become regarded as a region of importance and seek its position among regions with established and…
Read moreTurkey's largest investment bank, IS Investment, enters exclusive partnership with application-based platform tradable for retail FX clients Application-based trading platform tradable has been selected by Turkish investment bank IS Investment in an exclusive partnership. Instrumental to tradable's innovative approach is its emphasis on applications which are able to be incorporated into the platform, allowing users…
Read moreScandinavian executing venue continues its global reach as it initiates clearing of listed securities following last week's drive toward on-exchange FX Just a matter of days subsequent to Scandinavian executing venue Oslo Børs having indicated its intention to provide a facility for on-exchange FX trading, LCH.Clearnet has today announced that the global clearing house is…
Read moreElectronic trading on Korea Exchange via mobile has increased to 9% over last five years, despite downturn in participants, demonstrating vast increase in retail client base. Will FX follow? The combination of volume generation via the use of mobile devices has been a major priority for most retail FX firms around the globe recently, especially…
Read moreAcclaimed FX risk management aficionado Jeff Wilkins provides a valuable insight into the method of developing an effective and sustainable business model in retail FX Today's retail FX firms are faced with many challenges in terms of ensuring that they provide competitive trading terms to clients and give the best possible execution, whilst ensuring that…
Read moreFollowing the demise of MtGox resulting in 750,000 BTC losses to investors, former CEO Mark Karpeles notifies those concerned that 200,000 BTC have been located in offline wallets The highly unpredictable world of virtual currency has endured more than its fair share of extreme events over the last year, including fluctuating values when compared to…
Read moreFour years after banning Gold trading floors, Vietnam similarly bans Forex trading floors Since the realization by a large number of FX firms that there was a land of opportunity in the Far East, substantial volume has been generated among the retail participants from what has now become an established network of introducing brokers and…
Read moreSeven years subsequent to the demise of Sentinel Management Group, Illinois District Court grants INTL FCStone successful appeal against decision made in January last year US-based execution and electronic trading advisory services firm FCStone (NASDAQ:INTL) has today announced that its appeal of a decision made in January 2013 by the US District Court for the…
Read moreTexan Steven Lyn Scott charged with solicitation, fraud, misappropriation of client funds and registration violations The U.S. Commodity Futures Trading Commission (CFTC) has today reported that it filed an enforcement action March 19, 2014 against Defendant Steven Lyn Scott, who is also known as Stevon Lyn Scott, of Dallas, Texas, charging him with solicitation fraud,…
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