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Saxo Bank Reports Exquisite October Trading Volume Totalling $392 Billion
- Saxo Bank reports supremely positive trading figures for October with every single metric showing marked improvement in both monthly and annual comparisons.
Wednesday, 05/11/2014 | 04:09 GMT by
George Tchetvertakov
RBS Preps for FX Settlement Charges with $639Mln Allocation, Company Stock Falls
- Several of the financial industry’s leading banks have been engulfed in an ongoing probe alleging FX manipulation – in anticipation of impending regulatory actions, RBS has allocated $639 million for potential settlements.
Monday, 03/11/2014 | 18:28 GMT by
Jeff Patterson
Breaking: Interactive Brokers Releases October 2014 Trading Metrics, DARTs Increase by 18% MoM
- US-based retail broker Interactive Brokers Group, Inc. has released its October 2014 metrics, which were highlighted by another robust month of trading activity that notched an uptick over September.
Monday, 03/11/2014 | 17:39 GMT by
Jeff Patterson
Breaking: Polish Financial Regulator to Propose a Cap on Forex Leverage at 1:50
- Just after the dismal numbers from a four year survey about forex trading profitability made by the Polish financial regulator have hit the wires, there is an incoming proposal to reign in excessive leverage.
Friday, 31/10/2014 | 09:31 GMT by
Victor Golovtchenko
Bank of Japan Shakes Its Money Tree: Raises Annual Monetary Base to $718 Billion
- The Bank of Japan takes the unprecedented step of including equity and real-estate assets as part of its stimulus programme. With the monetary base expected to rise and keep rising year-on-year, the outlook for Yen pairs is bleak.
Friday, 31/10/2014 | 08:25 GMT by
George Tchetvertakov
Ex-Barclays FX Head, Christophe Gioffredo Joins UBS
- Former Barclays Head of FX Sales, Christophe Gioffredo has reportedly joined UBS in a hedge fund sales related role, following nearly a decade at Barclays and a brief hiatus from the markets since June.
Friday, 31/10/2014 | 00:03 GMT by
Jeff Patterson
XE.com Partners with Currency Cloud, Launching XEMT Payment Service
- XE.com, one of the most widely utilized currency translation sites has initiated a partnership with Currency Cloud for its XE Money Transfers (XEMT), which is slated for launch by years end in the UK.
Thursday, 30/10/2014 | 15:10 GMT by
Jeff Patterson
David Faulkner Joins Fluent Trade as Head of Business Development
- Financial tech provider, Fluent Trade Technologies has appointed former EBS executive David Faulkner as its newest Head of Business Development in a bid to tap into European market growth.
Wednesday, 29/10/2014 | 13:49 GMT by
Jeff Patterson
Deutsche Bank Reports Mixed Bag of Quarterly Results: Spends Almost €900 Million on Litigation
- Deutsche Bank's Q3 results fall short of investor expectations partly due to mounting litigation expenses. Top banks want to ring-fence their exposure but regulatory penalizations continue to sprout in most asset classes.
Wednesday, 29/10/2014 | 08:55 GMT by
George Tchetvertakov
As the Fed Mulls Pulling the Normalization Trigger, Can Bullish Markets Bear It?
- The Fed's October meeting is highly anticipated and awaited by market participants of all types. Despite the Fed's pretence, if QE3 officially ends today QE4 will be what the markets scream out for in 2015.
Wednesday, 29/10/2014 | 03:39 GMT by
George Tchetvertakov
BNY Mellon Launches FX Desk in Singapore, Names Keon Ho Kang as Head
- Global custody bank, BNY Mellon has joined an ongoing trend by launching its newly created foreign exchange dealing room, based out of Singapore, installing Keon Ho Kang as the room’s newest Head.
Tuesday, 28/10/2014 | 09:35 GMT by
Jeff Patterson
b-next's Martin Porter Discusses the Challenges of Market Abuse Detection
- Forex Magnates reached out to b-next’s Director of Sales and Business Development, Martin Porter.
Monday, 27/10/2014 | 00:10 GMT by
George Tchetvertakov
London Dominates Global Preference for Finance and Banking Jobs - Record Employment
- The world's financial capital, London, continues to position itself as the global leader for jobs in the sector. A survey by a City based advisory firm has reported a record uptake in the number of people in employment.
Friday, 24/10/2014 | 19:04 GMT by
Adil Siddiqui
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