July 09, 2014 BY Mike Fox

Core Liquidity Markets adds VPS hosting from Commercial Network Services (CNS)

Core Liquidity Markets, an Australian based Forex, Metals, CFDs and Binary Options Financial Services Firm, has announced its VPS (Virtual Private Server) hosting partnership with the award winning CNS (Commercial Network Services). CNS is the Worldwide Leader in Forex VPS hosting and has won numerous awards including an A+ rating from the Better Business Bureau.…

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July 08, 2014 BY Mike Fox

Tuesday: US Government looks to ICE Chairman to testify on market structure

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced Monday that ICE Chairman and CEO Jeffrey Sprecher will appear before the U.S. Senate Banking, Housing and Urban Affairs Committee Tuesday to participate on an equity market structure panel. The hearing is scheduled for 10 am ET on Tuesday, July 8 in room 538 of the Dirksen Senate Office Building and the…

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July 07, 2014 BY Mike Fox

Frankfurt’s establishment as offshore clearing hub for RMB a huge boost to European corporations says Commerzbank

Frankfurt’s establishment as one of the Eurozone’s first offshore clearing hub for RMB trade settlement along with the city of London will be a huge boost to European corporations trading with China, especially those that are mid-sized, a senior Commerzbank official says. Frank-Oliver Wolf, Global Head of Cash Management and International Business at Commerzbank, comments: “The…

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July 03, 2014 BY Mike Fox

‘TOTAL FX’ volumes on ICE up 60% MoM normalizing at 32K

After a dismal two months in volatility in the FX markets and lack of volume to show for it...some pickup is starting to occur.  Intercontinental Exchange (NYSE: ICE) is reporting 'Total FX' volumes for June at 32K, up from May's 20k which represents a 60% jump MoM. June 2013 stood at 60k, which is off 47% from those…

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