OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
OpenPayd Introduces Real-Time FX Trading
OpenPayd, a digital Banking-as-a-Service business, dedicated to improving and simplifying access to payments and banking has launched a new service called InstantFX that lets clients perform real-time trading with a variety of currencies, according to…
CQG rolls out new version of desktop platform
Version 5.8 of CQG's desktop platform offers enhancements to the hedge management system. Provider of high-performance trading, market data, and technical analysis tools CQG has released a new version of its desktop platform. Version 5.8…
ASIC Reports on Practices in Wholesale Foreign Exchange…
ASIC today released Report 652 Wholesale FX practices in Australia, summarising our work in wholesale foreign exchange (FX) markets during 2018 and 2019. The report highlights our observations of better practices and some poor practices…
Brexit Deal Nears Completion, Sterling Soars, Risk Rallies
Summary: Sterling soared to its highest level since May, hitting 1.2800 (1.2562 yesterday) on the back of reports that Britain and the European Union were close to a Brexit deal. Speaking in Luxembourg before a…
Results of 2019 Bank for International Settlements Triennial…
The Bank for International Settlements published yesterday (16 September 2019) the results of the 2019 Triennial Survey of Foreign Exchange and Derivatives Market Turnover1. Hong Kong advanced one place and ranked third globally in terms…
Yields Tumble, Dollar Weakens, US Payrolls Fail to…
Summary: US Payroll growth steadied to 164,000 in July matching expectations of 165,000. While Wages grew, the Unemployment rate rose above forecasts at 3.7%. June’s Job gains were revised lower (193,000 from 220,000). Trade tensions…
CME Group’s Terry Duffy to Appear Before the…
CHICAGO, June 26, 2019 /PRNewswire/ -- CME Group Chairman and Chief Executive Officer Terry Duffy will appear before the U.S. House Committee on Agriculture Subcommittee on Commodity Exchanges, Energy and Credit today to discuss the potential implications of recent European…
More Fed Chiefs Call for Rate Cuts, Dollar…
Summary: The Dollar Index (USD/DXY) broke lower to 96.093 (96.65 Friday), 3-month lows as more Federal Reserve officials revealed their easing bias. The Euro outperformed to 1.1370 from 1.1290, lifted by upbeat French and German…