In April, 2.6% of global yuan payments was carried out through the U.S., up from 1.3% a year ago, putting the U.S. ahead of Taiwan as an offshore yuan trading center, Swift said.
Read moreUnder the new proposals, attempted forex manipulation could be made a criminal offense...
Read moreLaunching outside of Japan for the 1st time...Auto-trading platform ST24 allows traders to pick from over 6,000 trading strategies that have passed Invast's stringent selection process, it has 60,000 accounts in Japan already.
Read moreEXNESS is reporting a slight drop in May action in terms of trading volume, while seeing an uptick in new clients accounts to bring the total to 18,031 accounts.
Read moreIPC will become ICAP’s preferred global supplier of Trader Voice Connectivity, will have access to rapid connectivity and trading parties anywhere in the world.
Read moreBack in May, an economic commission at the Iranian parliament proposed a motion that, if approved, will 100% eliminate the dollar and euro in the country’s monetary transactions with foreign states.
Read moreBloomberg is reporting that at a recent industry event, Simon Wilson-Taylor, President & CEO of Molten Markets Inc, a provider of high performance FX platforms states that algorithms used in foreign-exchange transactions are poised for growth as traders shy away from telephone deals amid heightened scrutiny. He is quoted as saying “We’re on the edge of a huge growth…
Read moreBTC-e, the popular digital currency exchange now offers MT4 trading accounts denominated in Bitcoin, Litecoin, Namecoin and the most popular fiat currencies (EUR, GBP, CHN, RUB). BTC-e was the first Crypto-currency exchange to offer clients trading crypto-currencies via the MetaTrader 4 terminal. They now continue to improve service by offering multi-currency trading accounts denominated in the most…
Read morePress Release - The Cyprus Securities and Exchange Commission in collaboration with the Chartered Institute for Securities & Investment - CISI and the Cyprus International Institute of Management – CIIM presented the new framework on the certification of persons who are or would like to be employed in Cyprus Investment Firms (CIFs), Credit Institutions in relation to…
Read moreThe union, effective from the start of 2015, will implement non-tariff regulations. The newly formed 'Eurasian Union' will “gradually align” their currency and monetary policies.
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