With emerging markets in the Asia Pacific region and the Indian Subcontinent remaining the focus of many retail FX firms, Alpari courts the Eastern markets by adding language support for India and Indonesia
Read moreThe highly coveted Chinese FX market is showing signs of becoming more accepting toward international business, representing the largest potential step forward in liberalizing the nation's electronic trading business
Read moreChina will start direct trading between the yuan and the euro as soon as tomorrow as the world’s second- largest economy seeks to spur global use of its currency. The move will lower transaction costs and so make yuan and euros more attractive to conduct bilateral trade and investment, the People’s Bank of China said…
Read moreThe foreign exchange markets at all levels continue to develop in the 2nd largest economy in the world...
Read moreBeijing police home in on octogenarian who solicited substantial sums of money from unsuspecting citizens along with three accomplices.
Read moreLeapRate Managing Editor Andrew Saks-McLeod investigates the paradox in which the global and seemingly borderless aspects of the FX industry has not encouraged firms to branch away from the few specific regions in which they are concentrated.
Read moreYuan clearing will be extended to 20.5 hours, increasing London and New York's ability to conduct more business and increasing access to yuan liquidity.
Read moreLaunched in September last year, China-focused LigaForex will close its operations next week, whilst mainstream social trading providers continue to evolve and innovate.
Read moreThe traditional sales model is increasingly being supplanted by IBs and white label partners as a more efficient means of client acquisition. Phil Horner has been promoted to integrate sales and marketing teams, and to further develop business via partnerships.
Read moreMany FX firms consider the acquisition and retention of Chinese FX traders to be a high priority. China now permits traders to keep their profits on investments abroad rather than having to repatriate it within 180 days, an advantageous development for western companies.
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