Regulated broker-dealer, Global Trading Systems (GTS), an automated market maker in thousands of securities including U.S. equities, ETFs, commodities, financial futures and U.S. cash treasuries/rates…
Posts published in December 2013
Pound Weaker After BoE Meeting
The Great Britain pound declined today after the Bank of England kept the size of asset purchases unchanged and its main interest rate at the record low level. The BoE decided to keep the benchmark interest…
Aussie Dips as Trade Gap Exceeds Expectations
The Australian dollar edged down today, following yesterday’s slump, after a report showed that the nation’s trade balance deficit was much bigger than analysts have anticipated. Losses were…
DMM Securities Experiences Minor Downturn In Volumes During November
Japanese FX company DMM Securities has announced that its trading volume for November 2013 stood at JPY 51,027 billion, equating to $498.8 billion, representing a…
The People’s Bank of China has barred financial institutions in the country from taking part in Bitcoin transactions, causing the exchange rate to plunge as…
FX Futures Off to Flying Start at SGX – Overall Volumes in the Green
Singapore’s largest financial trading exchange, the Singapore Exchange (SGX), has seen good trading performance across all asset classes in November. During the month, the bourse…
Falling Services PMI Makes Sterling Weaker
The Great Britain pound was relatively flat against the US dollar and the euro today after yesterday’s drop, but continued to fall against the Japanese yen. The losses were caused by the decline of the services’…
BREAKING: China warns against Bitcoin
The central bank of China has warned all institutions from handling Bitcoin related transactions. According to a recent post from Bloomberg, China’s central bank will…
Apple’s new patents hint towards future payment platform
Rumors of Apple entering the online payment industry have been around for quite some time. Recently a list of patents point towards those rumors becoming…
Alipay adds fees for desktop users, mobile not affected
Alipay has blocked free payment services for desktop devices. Alipay, China’s leading payment solution, with , surprised its users yesterday when they found a new…