The US-based broker-dealer arm of Netherlands banking giant ABN AMRO on Thursday agreed to pay $586,000 to settle claims that they issued American Depository Receipts (ADRs)…
Posts published in February 2020
Pound Falls to New 2020 Lows as the Dollar Hits Multi-Month Highs
The Sterling pound today edged lower against the US dollar for the second consecutive session as investors remained worried about a hard Brexit. The GBP/USD…
US Dollar Gains After Positive Economic Reports
The US dollar rallied today following better-than-expected macroeconomic releases in the United States. Now, traders wait for tomorrow’s nonfarm payrolls. The major piece of news today was the tariff cut by China on $75…
Czech Koruna Rallies After Interest Rate Hike
The Czech koruna rallied today after the nation’s central bank surprised markets, raising interest rates despite the threat of a global economic slowdown. Currently, the currency has backed off from the day’s…
Chinese Yuan Rebounds on Expected Stimulus, Cut in Tariffs
The Chinese yuan is rebounding on Thursday as reports suggest that the central bank will unleash additional stimulus to contain the Wuhan coronavirusâ impact on the worldâs second-largest economy. While the death toll and number…
Who Needs to Meet European Trade Publication Requirements?
MiFID II/MiFIR have been in place for more than two years, but there are parts of the regulations that still remain unclear for foreign exchange…
OSL Taps Ex-Saxo Bank CEO to Head Prime Brokerage Business
BC Group-subsidiary OSL announced on Thursday the appointment of Matt Long as its head of distribution and prime brokerage. He was the Hong Kong. Already…
The US Fed Looking into Digital Currency Prospect
The United States’ Federal Reserve is studying the feasibility of issuing a , Governor Lael Brainard revealed on Wednesday. Speaking at a conference on payments…
INTL FCStone Reports 5% Increase in Q1 2020 Operating Revenues
INTL FCStone, , has published its financial results for the first quarter of its 2020 fiscal year, showing an overall uptick in revenues and operating…
LMAX Revenues Grow in 2019, Led by Institutional and Crypto Trading
LMAX Group, an independent operator of institutional FX venues for FX and crypto currency trading, has announced its financial results for the fiscal year ending…