TopFX Vice President of Business Development Paul Orford anticipates chaos and uncertainty once votes are cast in Scotland as a result of open positions which if not properly hedged could create financial difficulties for brokerages
Read moreScotland's very own RBS, one of the largest FX dealers in the world, prepares to leave its home country for London if the celtic nation goes it alone
Read moreThree large international banks which play a major role in the world's FX industry have stated that Scottish independence will lead to severe financial disaster, with Nomura advising its clients in writing to divest their money from the UK
Read moreUK Chancellor George Osborne has finally clarified the UK Treasury’s position It took the UK Treasury long enough to openly come out with a statement that a vast majority of market participants was already widely expecting. Last week the Chancellor of the Exchequer George Osborne has finally clarified the position of the current government. What’s…
Read moreBank of England’s governor Mark Carney dashed hopes for an independent Scotland that uses the British Pound A couple of weeks after the Scottish independence currency question has resurfaced, our thesis that a currency union with the UK would undermine its ultimate goal of sovereignty has been confirmed by none other but the current governor…
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