Moscow Exchange (MOEX), the biggest marketplace for trading currencies and derivatives in Russia and the countries from CIS, today announced it would adjust risk parameters for some instruments on its Forex and precious metals markets. The changes will come into effect on April 1, 2015, and reflect a decision by the Bank National Clearing Centre.…
Read moreFebruary turned out to be a rather successful month at the Moscow Exchange, the biggest venue for trading currencies and derivatives in Russia and CIS. Earlier today, MOEX posted its operating metrics for the second month of 2015, with the results removing much of the gloom seen in January 2015, when FX volumes in the…
Read moreThe last quarter of this year is continuing to bear fruit for many firms, as a contrast to the first half. LeapRate takes a look at some of the dynamics between global order flow and trends among large FX firms with a strong start to 2015 imminent
Read moreThe disparity between London's financial sector and the remainder of not only Britain but the entire European continent is at its widest ever. Andrew Saks-McLeod looks at macro-economic factors which surround the FX business in London, and draws comparison with the rest of the country
Read moreEBS, the electronic brokerage division of ICAP, has announced its trading volumes for July 2014, which depict a 8% fall back to $70.6B from June's encouraging bump of $77B and breaks the short term two month trend of volume gains from April's YTD and all time lows. This figure coming in represents the 2nd lowest…
Read moreGMO Click 365 had a very slow month down 4.8% MoM, volumes came in at 271,792 contacts in June from May's 285,447 contract pieces despite showing a record number of retail FX accounts - 346,035 accounts. Meaning, that per-traders volumes are very low with overall market volatility in the yen crosses very tailed back. It…
Read moreRussian Forex regultor trying to get leverage limit of 50:1 and advertising scrutiny put into law. First deputy governor of the Russian Central Bank, Serguey Shvetsov is on the newswires with an announcement that the second vote on the forex regulation bill in Russian Parliament is now imminent. The bill will introduce caps on leverage…
Read moreFCA unlikely to go public with its investigation findings before 2015 The Royal Bank of Scotland has announced the suspension of yet another forex trader and unsurprisingly, it is most likely related to the ongoing 4 pm fix investigation. The FX fixings scandal that has engulfed the forex market in recent months is taking another…
Read moreFraudsters solicited $2.3 million for forex trading from 11 individuals The CFTC has issued a press release detailing their latest enforcement action against Ron Earl McCullough and David Christopher Mayhew. The complaint filed by the regulator alleges that both have fraudulently solicited about $2.3 million from 11 investors and have subsequently misappropriated $1.6 million of…
Read moreFSA unable to sell WorldSpreads, will return cash to clients.
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