London’s substantial institutional FX industry relies heavily on proprietary platforms which are often developed in-house by large financial institutions, with high development costs and long…
Posts published in September 2013
US Dollar Index Looks for Direction
US dollar is mixed today, and the dollar index performance serves as an indication that there are some uncertainties surrounding the greenback in the wake of last week’s surprising FOMC decision. Right now,…
CFTC Fines IB Foremost Trading $400,000 For Supervision Shortcomings
The U.S. Commodity Futures Trading Commission (CFTC) issued an order, filing and settling charges against Foremost Trading that is a registered introducing broker, based in…
Latest Good News Doesn’t Help Euro
The latest good news out of the eurozone isn’t helping the 17-nation currency much against its counterparts today. Even though business activity has improved, and Angela Merkel easily won another…
$439 Million OzForex IPO Sparks Speculation Down Under – Will Pepperstone Be Next?
To sell or not to sell, that is the question. Flotation of high-value Australian financial services companies on the national stock exchange, the ASX, have…
Taiwan Dollar Retreats, Still Near Four-Month High
The Taiwan dollar retreated today, but still traded near the highest level in four months after the US Federal Reserve shook the market by refraining from quantitative easing tampering. The Fed made…
New Product Spotlight: BestStock.co
Earlier this year, we wrote about , and its system of rating traders and providing analytics and tips for them to become better traders. Using…
Aussie Rises as China’s Manufacturing Growth Beats Expectations
The Australian dollar rose today after a report of China’s manufacturing was released on the weekend, showing that the sector expanded this month with faster pace than was predicted by analysts. The HSBC…
Ex-Blackberry Executive Graeme Whittington Joins OANDA As CTO
The telecommunications industry and the FX business represent two entirely different business models, however, if they are to share a similarity, it is that companies…
Negotiations evolve between PayPal and Braintree.
PayPal hopes to benefit from mobile payments through Braintree. The has reported that the eBay owned PayPal is in talks with Braintree Payment Solutions to…