Yuan now the 9th most actively traded currency in the world, up from 17th three years ago. Joining the exclusive club members - Hong Kong and Taiwan - in one of the boldest moves of policy makers in mainland China in a path to internationalization of its currency, the UK has become the third country…
Read moreChina Forex market continues to be a focus for the world's leading Forex brokers. Breaking news.... Forex industry leader FXCM has announced a new partnership with CITIC Newegde Futures, a key player in the China Futures market, to to open a new gateway for FXCM's forex platform in China. The agreement includes the formation of an investor-oriented educational…
Read moreWith the Swiss National Bank keeping its 1.20 CHF per € cap, thereby killing CHF volatility, Swiss Forex brokers look to other products. Leading Swiss retail forex broker Swissquote, a member of LeapRate's Approved List of global regulated forex brokers, has added the Chinese Yuan (USDCNY), Brazilian Real (USDBRL) and Indian Rupee (USDINR) forex pairs to…
Read moreThe Moscow Exchange became the first regulated market for the Yuan outside China in 2010. Russia's Moscow Exchange has reported that last Tuesday, May 28, it saw record trading levels for the popular Yuan-Ruble CNYRUB FX pair, since Yuan trading was introduced in 2010. In the first quarter of this year trading volume in the Yuan…
Read moreExpansion of Yuan trading range band should increase Yuan volatility, and bring out more Chinese retail FX traders. China is a hot and much-sought after market for retail FX brokers (part of the reason we posited for the FXCM-Gain acquisition) -- and it is likely to heat up even more. Bloomberg News has reported, quoting UBS…
Read more...via White Label from Oanda. Will this go better than dbFX, CitiFXPro...?
Read moreAsia expansion continues for Europe's leading Forex brokerage firms.
Read moreMore volatility in Yuan to attract more Chinese FX traders.
Read moreMore volatility in Yuan to attract more Chinese FX traders.
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