Author’s note: Most of this article was written on a seven inch tablet from 30,000 feet or so on the way back from the Summit.…
Posts published in November 2013
World’s Largest Stock Exchange Just Got Bigger, NYSE/ ICE Deal Completed, Group Emerges
Source: ICE Dually headquartered in Atlanta and New York- IntercontinentalExchange Group, Inc. (NYSE: ICE), a leading global network of exchanges and clearing houses, today announced the successful…
GBL, a Chinese Bitcoin Exchange, which claimed to be based in Hong Kong, disappeared recently taking with it RMB¥25 million or $4.1 million worth of…
Forex Magnates has learned that binary options provider, TRADOLOGIC, successfully raised $10 million from strategic investors in an agreement signed recently. According to a statement…
Net U.S. Retail Forex Obligations Down $6M in September from $628M in August, Full Details
The amount of total retail forex obligations held at US Futures Commission Merchants (FCMs) that act as Retail Foreign Exchange Dealers (RFEDs) during the month…
Alpari UK CEO Daniel Skowronski Resigns, David Hodge Assumes Post
Retail FX giant Alpari has announced today that its London-based UK head office is to welcome a new Chief Executive Officer, following the resignation of…
Obama Quick to Appoint Timothy Massad to Chair CFTC, as Agency Looses Key Executives
Source: White House During a press conference in the State Dining Room at the White House yesterday, U.S. President Barack Obama, announced that he has…
Industrial Output Data Weighs on Euro
The latest news out of the eurozone is weighing on the euro, sending the 17-nation currency lower against its major counterparts today. Once again, concerns about the viability of the recent eurozone recovery are…
US Dollar Mixed to Higher on Uncertainty
There is a lot of uncertainty in the markets right now, and that is reflected in the situation with the greenback. The US dollar is mixed right now, tending a little higher in some cases. Mostly,…
South Korean Won Pares Losses with Help from Domestic Fundamentals
The South Korean won was flat, paring decline, as domestic fundamentals helped the currency to overcome the general risk-negative market sentiment. Talks about the potential stimulus reduction by the Federal Reserve continued to spoil…