The CME Group, operator of numerous businesses such as the New York Mercantile Exchange (NYMEX), and known via its brand name from the Chicago Mercantile…
Posts published in April 2016
As aspects of last-look and latency-driven trading strategies come under increasing scrutiny across foreign exchange markets in recent years, Thomson Reuters today unveiled a mechanism…
US Dollar Stages Rally amid Positive Market Sentiment
The economists’ sentiment was positive lately due to the rally of global stocks, the rise of crude oil and the relatively positive trade balance report from China. Yet in a surprising twist, this was helping…
Lucera CEO Loveless Steps Down, CTO Durkan Assumes Role
According to updated profile information on LinkedIn, the CEO of Lucera, Jacob Loveless, has departed from his position with the company, and taken on a…
GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today announced its intention to consolidate its retail FX/CFD business in Australia…
Canadian Dollar Firms After BoC Meeting
The Bank of Canada left its interest rates unchanged during the Wednesday’s policy meeting. The decision made the Canadian dollar firmer, though it was unable to outperform its US rival. As was…
Trading the Markets That Have No Memory
I am not one to ‘troll’ stock or stock trading boards/chat rooms and the primary reason for this is that the chatter is mostly opinions, and…
MahiFX has appointed former Morgan Stanley Head of e-FX Europe Guy Hopkins to head the company’s sales of its MFX Vector platform. The product is…
AUD Retreats vs. USD, Keeps Gains vs. EUR
The Australian dollar gained today due to the positive trade balance report from China. As of now, the currency has lost its gains versus the US dollar but continued to rally against the euro.…
Online Japanese broking giant GMO CLICK Holdings, Inc. has released its preliminary consolidated financial results for the fiscal year ending March 31, 2016, which was…