July 21, 2014 BY Mike Fox

Report: China’s RMB swiftly developing as major world currency

China's renminbi (RMB) is on track to become the third-largest international currency behind the US dollar and the euro within five years as the eastern nation accelerates promotion of its unit, says a study. Last year, RMB cross-border trade settlement amounted to 4.63 trillion yuan ($746 billion), up 57.5% from 2012. It accounted for 2.5%…

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July 17, 2014 BY Mike Fox

Binary broker OptionTrade adds mobile trading app for Android

Internationally regulated FX brokerage HotForex has recently been directing more resources into it's binary brand OptionTrade, the upstart binary brokerage has been improving its operations since it was launched at the start of 2014. They have introduced e-wallet automated withdrawals to your preferred e-wallet for payments. This trending feature in the industry builds trust among…

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July 17, 2014 BY Mike Fox

London Capital Group trading update, first half revs down 39.5% YoY...

The Board of London Capital Group Holdings, (LON:LCG) the online spread betting, CFD and institutional FX company, announces the following trading update in respect of the first half of the current financial year and confirms that it will release interim results for the period ended June 30th 2014 on Wednesday August 27th 2014. Revenue from…

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