August 04, 2014 BY Mike Fox

EXNESS keeps growing, FX volumes hit $185 billion in July

Regulated global broker EXNESS keeps up the momentum as it continues to defy industry ups and downs with a posting of $185B (185.1) in volume traded for the month of July. Basically unchanged MoM, this is a tick higher than June's rounded $185B which was technically 184.7. EXNESS recently made waves across the industry by…

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August 04, 2014 BY Mike Fox

Breaking: CME Clearing Europe Receives EMIR authorisation

CME Group, the world's leading and most diverse derivatives marketplace, today announced CME Group's European clearing house, CME Clearing Europe, has today received authorization as a Central Counterparty Clearing House (CCP) under the European Market Infrastructure Regulation (EMIR). The authorisation covers all OTC derivatives and futures products currently cleared by CME Clearing Europe. CME Clearing…

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August 04, 2014 BY Mike Fox

SWISSQUOTE: Daily Technical Forex Report

In Swissquote's latest technical trading report, Luc Luyet-Senior Market Analyst outlines the major technical levels of popular currency instruments, below is the outline for the EUR/USD and USD/JPY. You can download the full report by clicking here. EUR/USD: Monitor the resistance at 1.3444... • EUR/USD is bouncing within its underlying downtrend. Hourly resistances can be…

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August 04, 2014 BY Mike Fox

Bloomberg News ranks FXStreet’s Twitter profile among the top in its field

FXStreet News is ranked top worldwide among Twitter users of currency-market analysis, according to data compiled by Bloomberg based on followers, retweets and frequency of posts being tagged as a ‘favorite’.” This is part of an article published this week in Bloomberg News regarding FXStreet and its influence in foreign-exchange markets. FXStreet has been mentioned as…

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August 01, 2014 BY Mike Fox

Tokyo Financial Exchange Click365 FX volumes up 5.6% in July

Tokyo Financial Exchange (TFX) reported their Click 365 FX July metrics today and the results are encouraging with 1,710,893 (+5.6% MoM) total volume w/ a daily average of 74,384. The total trading volume of Exchange FX Margin contracts (Click 365) in June was 1,620,533 and its average daily trading volume was 77,169. For July we…

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August 01, 2014 BY Mike Fox

New records set for Yuan trading on Moscow Exchange...

Record volumes have been posted in trading of the Chinese Yuan/Russian Ruble (CNY/RUB) on Moscow Exchange's FX Market. The trading volume on July 31st was CNY 665.6 mln (RUB 3.8 bln), the largest daily volume since the launch of yuan trading on Moscow Exchange in late 2010. Trades were made in all CNY/RUB instruments: spot…

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July 31, 2014 BY Mike Fox

Breaking News: London Capital Group COO John Jones resigns

Mr. Jones was also head of risk. This is likely part of the changes being made by the new regime in charge, led by Charles-Henri Sabet. London Capital Group (LON:LCG) officially states: London Capital Group announces that John Jones Chief Operating Officer of LCG has resigned from the Board to pursue other interests.  His resignation will take…

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