Morgan Stanley’s forex trading department has run afoul of its forex control procedures. Although the global bank has failed to publicly acknowledge the problem, inside sources have spread the work that four FX traders have been suspended until further notice, due to their concerted effort to conceal anywhere from $100 to $140 million in forex…
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Anova Technologies, an international carrier and market data provider, has just announced a collaboration with Beeks Financial Cloud Group Plc, a low-latency Infrastructure-as-a-Service (IaaS) provider for financial markets, to deploy microwave connectivity between the NY4 and DC3 data centers. The joint offering will provide Beeks’ clients, including foreign exchange (FX) traders, cost-effective and ultra-low latency…
Read moreTradimo, the largest growing educational site for FX traders with more than 135,000 users has added Tradable to their platform learning section. Tradimo is an education community for online trading with the goal to facilitate the entry into the financial markets for everyone. Tradimo allows people to actively take control of their financial future by…
Read moreITG (NYSE:ITG), a leading execution and research broker, today announced the launch of the ITG FX Volatility Index (ITG FXVX), an innovative daily benchmark for Foreign Exchange traders and portfolio managers. The ITG FX Volatility Index forecasts the volatility in the coming trading day based on historical trends and adjusts for implied volatility as well…
Read more66% of all forex transactions are electronic, to rise to 81% by 2018 A Bloomberg article is citing research from Boston based Aite Group LLC that 66% of all transactions in the currency markets in 2013 have been conducted through electronic dealing. The numbers are only expected to rise in the coming years reaching 81%…
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