The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil complaint against defendants Daniel K. Steele of Rolla, Missouri, and his…
Posts published in September 2013
Czech Koruna Gains as Central Bank Does Not Intervene
The Czech koruna gained today as the nation’s central bank kept monetary policy unchanged and refused to intervene by selling the currency. Chances for an intervention in the future remain high though. The Czech National Bank kept…
City Index Makes Managerial Changes, COO Simon Bird Departs
One of the top four UK based spread betting and CFD providers has succumbed to the evolving market place. Forex Magnates has been informed by…
EBS Direct Deploys Apama to Provide Third Party Aggregation
Leading inter- dealer trading provider , has selected Apama for aggregation and smart execution for its recently launched EBS Direct product. In addition, EBS announced that…
Euro Struggles on Credit Market, Italian Tensions
Euro is struggling today, especially against the US dollar, thanks in large part to the recent developments in the credit market, and due to more trouble in Italy. Concerns about what’s next for the eurozone are…
US Dollar Gains Ground on Latest Growth Report
US dollar is a little bit higher against its major counterparts today, gaining ground after the latest economic report from the second quarter of 2013. Although there isn’t anything…
NZ Dollar Rebounds on Rate Hike Bets
The New Zealand dollar climbed today, paring yesterday’s losses, on speculations that the nationâs central bank will be the first among banks of developed nations to raise interest rates. Speculators bet…
Pound Retreats as GDP Misses Forecasts
The Great Britain pound retreated today against the US dollar and erased previous gains versus the Japanese yen as Britain’s economy expanded last quarter slower than was previously estimated. Month-on-month,…
CFTC Approves Interdealer Brokers Tullet Prebon and Tradition as SEFs
The US authority responsible for the registration and guidance of Swap Execution Facility SEF, announced that two leading firms have been granted approval. The US…
GTL Tradeup, an Australian FX Broker Goes Belly Up Down Under
GTL Tradeup (GTL), a regulated financial services’ firm in Australia has decided to call it a day. The move comes on the back of a…