July 28, 2014 BY Mike Fox

Top global brokerage FXCM adds USD/CNH instrument at last

Leading FX Brokerage FXCM officially added liquidity to the offshore renminbi. Here is info on FXCM's offering. VITAL STATISTICS Target Spread 26-27 pips Margin Requirement $50 per lot Minimum Lot Size CN¥1,000 (1k) Pip Cost $0.016 per lot Average Daily Range 100 pips in 2014 Hedging Capability: You can go long or short yuan in…

Read more
July 28, 2014 BY Mike Fox

Another Binary Options broker gets regulated – Brokerage Capital

CySEC added as of July 21st binary company P.M. Investment Capital Limited with license number 243/14 to their regulated investment firm list. The company is branded as Brokerage Capital when conducting a search for the company, but the CIF listing shows a link to KBOption. Maybe there could be a re-branding set to take place…

Read more
July 24, 2014 BY Mike Fox

London Metal Exchange teams up w/ tech firm Colt to launch high-speed LMEnet

The London Metal Exchange (LME) in an official news release today reveals it's working with Colt Technology Services to launch LMEnet, a dedicated network that will provide market participants a fast, reliable and secure connection to the Exchange’s electronic systems, including LME Clear. LMEnet will be underpinned by Colt’s dedicated trading network service, PrizmNet (the…

Read more