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Payments

Conotoxia Adds Payment Method UnionPay for Currency Exchange

  • Via its online platform at Conotoxia.com, users can now use UnionPay along with other payment methods.
Thursday, 10/01/2019 | 10:24 GMT by Celeste Skinner
Payments

Conotoxia Now Enables Instant Currency Exchange Transactions

  • The new service offers three transaction modes - bank account, currency wallet or social transactions.
Thursday, 20/12/2018 | 14:23 GMT by Celeste Skinner
Regulation

Former-HSBC FX Head Facing Trial for Exploiting Currency Trades

  • Johnson has come under fire over his Cairn Energy trade, stating the process was like “f***ing Christmas”.
Tuesday, 26/09/2017 | 09:12 GMT by Jeff Patterson
Executive Moves

Standard Chartered Appoints Angel Guiloff as Executive Director EMFX Trader

  • Mr. Guiloff has over 10 years of experience in the FX market.
Monday, 31/07/2017 | 07:49 GMT by Colin Firth
News

Moody’s Downgrades China’s Rating, Bleak Expectations Follow

  • China’s rating suddenly dropping goes hand in hand with a negative outlook.
Wednesday, 24/05/2017 | 13:26 GMT by Finance Magnates Staff
Prime Brokerage

Deutsche Bank Fined Again, this Time over Rogue Currency Traders

  • Currency traders of Deutsche Bank disclosed their positions to other parties to coordinate trading tactics
Friday, 21/04/2017 | 08:16 GMT by Victor Golovtchenko
Execution

RMB Usage Tanks in 2016, Falling to Sixth Most Utilized Currency by Payments

  • RMB usage dove nearly -30.0% YoY in 2016, with a slowing Chinese economy driving this trend.
Thursday, 26/01/2017 | 11:52 GMT by Jeff Patterson
Exchanges

Bloomberg Publishes Updated Currency Index Methodologies

  • Bloomberg Dollar Spot Index now provides a better measure of global currencies against the US dollar.
Thursday, 22/12/2016 | 13:35 GMT by Finance Magnates Staff
Regulation

Japanese Investigators Suspect $105m Forex Investment Scam

  • Masaaki Ito and his partner are alleged to have defrauded customers of over $100 million.
Tuesday, 05/04/2016 | 06:56 GMT by Damian Chmiel
Payments

SettlePay Pushes for Currency Exchange Transparency as it Launches Platform

  • Believing that "there's a lot of noise made around the complexity of foreign exchange", SettlePay launches payment platform with comparison tool.
Sunday, 28/02/2016 | 12:37 GMT by Ron Finberg
Executive Moves

Exclusive: FX Head James Pearson Parts Ways with RBS

  • James Pearson has left RBS, following a lengthy tenure as its FX Chief during the bank's turbulent period of investigations and allegations.
Monday, 18/01/2016 | 18:51 GMT by Jeff Patterson
Analysis

Gold Decouples from Dollar Amid Haven Flows

  • While gold prices might be temporarily elevated based on the volatility emerging out of Asia since the beginning of the year, the main fundamental drivers of upside momentum remain absent.
Wednesday, 13/01/2016 | 10:51 GMT by Idan Levitov
Payments

The PayPro Closes €310,000 Funding Round as they Prepare for 2016 Launch

  • Ready to launch their low cost multi-currency transfer platform in 2016, The PayPro announces the closing of a funding round.
Wednesday, 23/12/2015 | 09:13 GMT by Ron Finberg
Payments

CurrencyTransfer.com Completes Strong First Year with Local Shekel Settlement

  • With the goal of building the world's largest FX marketplace, CurrencyTransfer.com finishes their first year with new tech, partners and local presence.
Thursday, 17/12/2015 | 11:10 GMT by Ron Finberg
Analysis

Chinese Yuan a Few Steps Closer to Global Reserve Currency Status

  • A number of crucial developments today advanced the Redback on its road to complete internationalization.
Monday, 30/11/2015 | 19:32 GMT by Avi Mizrahi
News

Industry Survey: Bitcoin to Be 6th Largest Reserve Currency by 2030

  • In other words: the Bitcoin companies believe that governments will be holding on to bitcoin, and lots of it.
Thursday, 05/11/2015 | 09:33 GMT by Leon Pick
Blogs

How to Effectively Backtest Your Strategies

  • Testing across currency pairs means that we do not need to backtest for years back, testing a market behavior that is long gone.
Sunday, 25/10/2015 | 15:05 GMT by Guest Contributors
Regulation

Chinese Yuan Eying Membership in IMF’s Benchmark Currency Basket

  • The Chinese yuan will be a point of emphasis next month, which could ultimately see its inclusion onto the IMF's Benchmark Currency Basket.
Tuesday, 20/10/2015 | 13:38 GMT by Jeff Patterson
News

Kantox Hits Over $2 Billion in Currency Exchange Transactions

  • After taking three and a half years to hit $1 billion in transactions, Kantox clears the next billion dollars in about eight months.
Monday, 21/09/2015 | 11:15 GMT by Ron Finberg
Analysis

Currency Wars Escalate As China’s Move Triggers a Chain Reaction

  • The move by China to devalue the renminbi resonates across global markets as emerging markets currencies collapse
Friday, 21/08/2015 | 19:39 GMT by #Trading People
Regulation

Monetary Policy Heating Up But Talk of Currency Wars Overblown

  • The raft of QE programmes combined with China's recent policy to devalue the yuan can be seen in multiple lights.
Thursday, 20/08/2015 | 14:13 GMT by Andy Traveller
Regulation

The Pound of Rate Hike Footsteps

  • Amidst hawkish comments and strong data, a BOE rate hike is on the horizon. The pound sterling remains bullish.
Thursday, 16/07/2015 | 10:45 GMT by Jarratt Davis
Payments

Xero and Midpoint Partner to Connect FX Transfers and Invoices for SMEs

  • Midpoint and Xero are partnering to make Midpoint's FX transfer platform available to Xero's 500,000 cloud accounting software customers.
Monday, 06/07/2015 | 11:32 GMT by Ron Finberg
News

Remittance Market Azimo Closes $20 Million Series B Funding Round

  • Azimo has closed a $20 million Series B funding round to assist expansion plans of their low cost remittance network.
Tuesday, 16/06/2015 | 14:26 GMT by Ron Finberg
Blogs

What You Should Do If Your Stop Loss Is Hit?

  • Following last week's vlog about copper and NZD/USD, in this week's episode one may learn how to be prepared for a stop loss.
Sunday, 14/06/2015 | 14:06 GMT by Rayner Teo Chee Leng
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