Monday, November 30, 2015

What Does China’s Inclusion in the SDR Basket Mean for the Markets?

What Does China’s Inclusion in the SDR Basket Mean for the Markets?

What Does China’s Inclusion in the SDR Basket Mean for the Markets?

Posted: 30 Nov 2015 06:42 PM PST

A portion of the trading rank was disappointed by the market's response to news that the IMF had approved the Chinese Yuan's inclusion into its SDR basket.

Australian Dollar Gains as RBA Rate Cut Bets Deteriorate

Posted: 30 Nov 2015 06:28 PM PST

The Australian Dollar rallied against its US counterpart after a series of data releases appeared to weigh against near-term RBA rate cut speculation.

WTI Crude Oil Price Forecast: Double-Bottom Pattern Favored Above $43.43

Posted: 30 Nov 2015 01:52 PM PST

Oil looks to finish off its worst month of price performance since July by falling nearly 11%, but there's hope yet for bulls.

Can a Trader Take Advantage of the IMF’s Chinese Yuan Decision?

Posted: 30 Nov 2015 10:17 AM PST

Today’s Headline is that IMF approved Yuan’s inclusion in SDR. This is a milestone event. But how can a trader benefit from it?

China Takes Important Steps Ahead of Key IMF Decision

Posted: 30 Nov 2015 09:13 AM PST

While waiting IMF for a decision on Yuan’s inclusion in SDR basket, China made a few more gestures to show the world that it is willing to and working on the opening up of its financial markets.

Volatility Risks Surge in these Currencies - What We’re Watching

Posted: 30 Nov 2015 08:00 AM PST

A sharp jump in financial risks ahead warns that traders should trade defensively through the foreseeable future. Here are key risks and currencies we’re watching.

The $64 Billion Drawdown Heard Around the World

Posted: 30 Nov 2015 06:58 AM PST

Pension funds traditionally carry conservative investment allocations, and this is one of the primary reasons why.

Dow Jones (Dow 30) Set to Open Higher

Posted: 30 Nov 2015 06:45 AM PST

The Dow Jones Industrial Average (Dow 30) is set to open higher Monday, testing key values of resistance. Day traders will continue to monitor the 17,871 price level.

Silver Should Be Trading at $13.95

Posted: 30 Nov 2015 06:16 AM PST

Silver prices are sluggish but have declined to our advantage with the overall trend remaining bearish below $14.40.

USDOLLAR Bull Flag Looks Promising, but Looks are Deceiving

Posted: 30 Nov 2015 04:00 AM PST

FX markets are shuffling along in anticipation of this week's wave of high level event risk.

DAX 30: Break To Last Week’s High To Resume Bullish Trend

Posted: 30 Nov 2015 01:15 AM PST

The overall trend is bullish above 10,866 and I see no reason for traders to change their bias so long as the DAX 30 remains above this level.

FTSE 100: A Pullback Looks Likely, Chicago PMI on Tap

Posted: 30 Nov 2015 01:08 AM PST

FTSE 100 is bullish above 6220 and traders will probably use a pullback or bullish breakout to add to their long exposure. Chicago PMI, Pending Home Sale and Dallas Fed Manufacturing are on tap, but not expected to alter the overall trend.

Forex Webinar: Euro May Rise Even as ECB Boosts Stimulus

Posted: 29 Nov 2015 11:22 PM PST

The Euro may launch a recovery despite an expansion of ECB stimulus measures as the new effort falls short of the markets' dovish expectations.

Euro May Ignore German CPI as ECB Rate Decision Looms Large

Posted: 29 Nov 2015 10:42 PM PST

The Euro may look past German CPI data as traders withhold directional commitment ahead of the much-anticipated ECB monetary policy announcement later in the week

Oil Price Routs before OPEC Meeting; China Copper Cutbacks Disappoint

Posted: 29 Nov 2015 09:46 PM PST

Oil slid on OPEC’s glut idea before semi-annual meeting. China’s 5% output cuts disappointed copper. Gold at 6-year low in an eventful week

Chinese Yuan Induction into the IMF SDR May Come to Fruition

Posted: 29 Nov 2015 08:43 PM PST

The Chinese Yuan looks poised to be inducted into the International Monetary Fund’s Special Drawing Rights (SDR) basket of reserve currencies.
at No comments:

Chinese Yuan a Few Steps Closer to Global Reserve Currency Status

Chinese Yuan a Few Steps Closer to Global Reserve Currency Status

Chinese Yuan a Few Steps Closer to Global Reserve Currency Status

Posted: 30 Nov 2015 01:32 PM PST

A number of crucial developments today advanced the Redback on its road to complete internationalization.

Keep on reading: Chinese Yuan a Few Steps Closer to Global Reserve Currency Status

IS Prime Boasts of New Low Latency Record Achieved

Posted: 30 Nov 2015 11:54 AM PST

IS Prime is also marking its first anniversary by moving to new office premises in the heart of Central London.

Keep on reading: IS Prime Boasts of New Low Latency Record Achieved

Tradier Keeps Expanding Brokerage API with 100th Integration and Counting

Posted: 30 Nov 2015 10:03 AM PST

Tradier continues to experience strong demand from fintech developers with their easy to integrate brokerage in an API solution.

Keep on reading: Tradier Keeps Expanding Brokerage API with 100th Integration and Counting

The Australian Government's Response to the Failed Playtech-Plus500 Deal

Posted: 30 Nov 2015 09:54 AM PST

An expansion of the ASIC's power has the ability to affect the margin FX and OTC derivative industry in Australia quite substantially.

Keep on reading: The Australian Government's Response to the Failed Playtech-Plus500 Deal

Global Prime Partners Taps Sean Capstick as its Head of Prime Brokerage

Posted: 30 Nov 2015 09:13 AM PST

Mr. Capstick joins GPP as its newest Head of Prime Brokerage, and plans on expanding the group's brokering business.

Keep on reading: Global Prime Partners Taps Sean Capstick as its Head of Prime Brokerage

ITG Expands Its RFQ Hub to Asia-Pacific

Posted: 30 Nov 2015 05:24 AM PST

The broker is ramping up its presence in the region with platform connecting sell-side with buy-side

Keep on reading: ITG Expands Its RFQ Hub to Asia-Pacific

HKEx Subsidiary, OTC Clear Adds Standard Chartered as UK Clearing Member

Posted: 30 Nov 2015 05:12 AM PST

The move by Standard Chartered is HKEx's first UK incorporated member, which will help the group tap into the region's capabilities.

Keep on reading: HKEx Subsidiary, OTC Clear Adds Standard Chartered as UK Clearing Member

Monday Brief: 5 Things Traders Need to Know for Today

Posted: 30 Nov 2015 04:52 AM PST

Warren Buffett's investing axioms come under fire, while traders eye a EUR/USD rebound after getting slammed this month.

Keep on reading: Monday Brief: 5 Things Traders Need to Know for Today

Bitcoin Price Climbs to 3-Week High

Posted: 30 Nov 2015 04:26 AM PST

Bitcoin (BTC/USD) today resumed last week's resurgence, climbing another 7.6% to $383 on Bitstamp and hitting a 3-week high.

Keep on reading: Bitcoin Price Climbs to 3-Week High

China Curbs OTC Derivative Lending for Equities in Latest Regulatory Push

Posted: 30 Nov 2015 04:19 AM PST

The move effectively bans the lending of OTC derivatives, which in essence makes it more difficult to short stocks.

Keep on reading: China Curbs OTC Derivative Lending for Equities in Latest Regulatory Push

FXecosystem Streamlines Connectivity between LD4 and NY4, Targeting Banks

Posted: 30 Nov 2015 02:11 AM PST

FXecosystem has been integrated into Hibernia's new Ultra 5 Express Circuit, consequently offering clients a reduced RTD between LD4 and NY4

Keep on reading: FXecosystem Streamlines Connectivity between LD4 and NY4, Targeting Banks

Chinese Markets Plunge Amidst Widening Probes Against Brokerage Houses

Posted: 27 Nov 2015 05:19 AM PST

Shares on the Shanghai Composite capitulated by more than -5% Friday, constituting its biggest decline since this summer.

Keep on reading: Chinese Markets Plunge Amidst Widening Probes Against Brokerage Houses

Jump on the Social Trading Wagon

Posted: 27 Nov 2015 01:13 AM PST

Before you jump on the social trading wagon, read the insights of what to look out for before copying someone. You also need a strategy for copying someone

Keep on reading: Jump on the Social Trading Wagon

Watch: ‘The Biggest Mistakes Forex Brokers Make and How to Avoid Them’

Posted: 27 Nov 2015 01:02 AM PST

"I'll go through 19 mistakes that I've chosen for you, if we have more time I have 20 more..."

Keep on reading: Watch: 'The Biggest Mistakes Forex Brokers Make and How to Avoid Them'

Darwinex Adds Indices and Commodities for Its Asset Managers and Investors

Posted: 26 Nov 2015 04:00 PM PST

The company has added CFDs to its investable index exchange offering its trading community an expanded set of possibilities

Keep on reading: Darwinex Adds Indices and Commodities for Its Asset Managers and Investors

Crude Oil Prices Remain Volatile as OPEC Meeting Looming

Posted: 26 Nov 2015 01:55 PM PST

The price of crude oil has been consolidating in the wake of increasing geopolitical jitters and a looming OPEC meeting

Keep on reading: Crude Oil Prices Remain Volatile as OPEC Meeting Looming

Chinese Regulator Launches Probe into CITIC

Posted: 26 Nov 2015 07:09 AM PST

After the revelation of a reporting error, the broker becomes target of a full-blown investigation.

Keep on reading: Chinese Regulator Launches Probe into CITIC

FCA Slams Barclays with Fresh $108-Million Fine

Posted: 26 Nov 2015 04:24 AM PST

The UK markets regulator found that the bank had neglected its own due diligence procedures.

Keep on reading: FCA Slams Barclays with Fresh $108-Million Fine

SEC Charges Ex-Goldman Sachs Employee with Insider Trading

Posted: 26 Nov 2015 02:05 AM PST

Yue Hun abused his access to confidential advisory information gained while developing a misconduct monitoring system.

Keep on reading: SEC Charges Ex-Goldman Sachs Employee with Insider Trading
at No comments:

Sunday, November 29, 2015

AUD/USD Steady as Australian Corporate Profits Swell in 3Q

AUD/USD Steady as Australian Corporate Profits Swell in 3Q

AUD/USD Steady as Australian Corporate Profits Swell in 3Q

Posted: 29 Nov 2015 07:32 PM PST

The Australian Dollar failed to find fuel for a meaningful move higher even as data showed profits from Australian corporations grew more than expected in the third quarter.

ASX 200 Technical Analysis: Downward Reversal Is Likely Contained

Posted: 29 Nov 2015 06:23 PM PST

The downward reversal in ASX200 is likely contained ahead of support levels, as daily momentum signals approach lower bound of range
at No comments:

TopFX CEO Gabriel Styllas Parts Ways with the Firm

TopFX CEO Gabriel Styllas Parts Ways with the Firm

TopFX CEO Gabriel Styllas Parts Ways with the Firm

Posted: 29 Nov 2015 01:07 PM PST

Styllas had served as TopFX's CEO since 2011, prior to that he was the Head Compliance & AML for Deutsche Bank in Cyprus for over five years.

Keep on reading: TopFX CEO Gabriel Styllas Parts Ways with the Firm

Wild Week: Failed Broker Takeovers and Fines, Fines, Fines

Posted: 29 Nov 2015 06:21 AM PST

Playtech, FxPulp, IronFX, EZ Trader and FXGM all appear in the passing week's top articles.

Keep on reading: Wild Week: Failed Broker Takeovers and Fines, Fines, Fines

Premiums for Bitcoin Investment Trust (GBTC) Hover Near 6-Month Highs

Posted: 29 Nov 2015 06:14 AM PST

Shares of Bitcoin Investment Trust (GBTC) are trading at their highest premiums since shortly after their public debut 6 months ago.

Keep on reading: Premiums for Bitcoin Investment Trust (GBTC) Hover Near 6-Month Highs

Lighter Capital Closes $9M B Round and Raises $100M to Lend to Tech Firms

Posted: 29 Nov 2015 03:57 AM PST

Lighter Capital raises $100 million, aiming to bring the best of both worlds to equity and debt financing.

Keep on reading: Lighter Capital Closes $9M B Round and Raises $100M to Lend to Tech Firms

HFT Masterclass - What’s an Iron Condor?

Posted: 26 Nov 2015 11:12 AM PST

A mastery of spread trading is essential for successful trading. Learn the finer points of this strategy in this 3-parter by Lokesh Madan.

Keep on reading: HFT Masterclass - What's an Iron Condor?

China Allows First Overseas Banks into Forex Market

Posted: 26 Nov 2015 02:00 AM PST

Three central banks and four international financial institutions will enter its domestic forex market.

Keep on reading: China Allows First Overseas Banks into Forex Market
at No comments:

Saturday, November 28, 2015

Watch: How to Convert and Retain Retail Clients

Watch: How to Convert and Retain Retail Clients

Watch: How to Convert and Retain Retail Clients

Posted: 28 Nov 2015 05:25 AM PST

"To convert traders better, to retain them better, to get more volumes from our traders, we need to implement confidence in their minds."

Keep on reading: Watch: How to Convert and Retain Retail Clients

Why Do You Keep Losing Money?

Posted: 26 Nov 2015 08:05 AM PST

We face a very hostile environment where the profit of the participants is the sum of the losses of others.

Keep on reading: Why Do You Keep Losing Money?

OzForex Moves Ahead with Western Union Offer

Posted: 26 Nov 2015 03:07 AM PST

The Australian broker has vouched to refrain from soliciting and negotiating competing offers for the time being.

Keep on reading: OzForex Moves Ahead with Western Union Offer
at No comments:

EUR/USD Prepares for its Most Important Week in Months (If Not Years!)

EUR/USD Prepares for its Most Important Week in Months (If Not Years!)

EUR/USD Prepares for its Most Important Week in Months (If Not Years!)

Posted: 28 Nov 2015 07:10 AM PST

Time to buckle up. Volatility is a near-certainty across EUR-crosses at the end of the week, with the ECB meeting on Thursday, both Draghi and Yellen speaking on Thursday, and the November US NFPs on Friday.
at No comments:

Friday, November 27, 2015

Barclays Faces Another Forex-Related Lawsuit

Barclays Faces Another Forex-Related Lawsuit

Barclays Faces Another Forex-Related Lawsuit

Posted: 27 Nov 2015 01:31 PM PST

An investment consultancy is suing the lender for the 'Last Look' feature on its forex trading platform

Keep on reading: Barclays Faces Another Forex-Related Lawsuit

CySEC Fines Depaho Ltd for €233k Following Myriad Compliance Shortcomings

Posted: 27 Nov 2015 09:12 AM PST

Depaho Ltd has incurred a series of fines totaling €233k after it failed to appropriately adhere to CySEC's compliance legislation

Keep on reading: CySEC Fines Depaho Ltd for €233k Following Myriad Compliance Shortcomings

CySEC Slams Binary Options Platform Operator with €300,000 Fine

Posted: 27 Nov 2015 08:59 AM PST

The Cyprus market regulator finds Pegase Capital in breach of numerous regulations

Keep on reading: CySEC Slams Binary Options Platform Operator with €300,000 Fine

CySEC Fines EZ Trader Operator €340,000

Posted: 27 Nov 2015 08:49 AM PST

The Cyprus market regulator finds breaches of anti-money laundering and CIF authorization rules

Keep on reading: CySEC Fines EZ Trader Operator €340,000

Friday Brief: 5 Things Traders Need to Know for Today

Posted: 27 Nov 2015 06:16 AM PST

Markets are grappling the specter of inflation, or in some cases deflation, while US dollar bulls continue to be enjoying life.

Keep on reading: Friday Brief: 5 Things Traders Need to Know for Today

Former ICAP Japanese Yen Libor Broker Defends in Court

Posted: 25 Nov 2015 05:18 PM PST

Colin Goodman has stated in his defense that the opinions he gave on the market were always "honest".

Keep on reading: Former ICAP Japanese Yen Libor Broker Defends in Court

Hantec Markets Reports 2015 Operating Metrics, Turnover Jumps YoY

Posted: 25 Nov 2015 11:35 AM PST

For the fiscal year ending June 30, 2015, Hantec Markets saw its turnover climb substantially to $5.05 million (£3.34 million).

Keep on reading: Hantec Markets Reports 2015 Operating Metrics, Turnover Jumps YoY

Watch: Forex Traders Who Convert Themselves

Posted: 25 Nov 2015 11:15 AM PST

"There has to be a simpler way."

Keep on reading: Watch: Forex Traders Who Convert Themselves

Clients of FxPulp to Receive Funds from Investor Compensation Fund

Posted: 25 Nov 2015 09:20 AM PST

The Cypriot financial regulator will publish on its website the detailed procedure for clients to apply for compensation.

Keep on reading: Clients of FxPulp to Receive Funds from Investor Compensation Fund

Chinese Senior Executives Disappear into Abyss Amidst Probes, Allegations

Posted: 25 Nov 2015 08:56 AM PST

Since September, a total of thirty-four listed companies in Mainland China have had one or more senior executives disappear or face probes.

Keep on reading: Chinese Senior Executives Disappear into Abyss Amidst Probes, Allegations

Reporting Error Inflates CITIC Derivatives Business by $170 Billion

Posted: 25 Nov 2015 04:41 AM PST

Broker says that the error was a result of a systems upgrade that has been taken care of

Keep on reading: Reporting Error Inflates CITIC Derivatives Business by $170 Billion

XTX Markets Joins TradAir as Liquidity Provider

Posted: 25 Nov 2015 03:31 AM PST

The electronic liquidity provider is broadening its global reach across platforms

Keep on reading: XTX Markets Joins TradAir as Liquidity Provider

Chinese Regulators Endorse Market Recovery, Easing Brokerage Barriers

Posted: 24 Nov 2015 12:47 PM PST

China's CSRC feels confident enough to lift a ban on brokerages from adopting net selling positions in proprietary trading.

Keep on reading: Chinese Regulators Endorse Market Recovery, Easing Brokerage Barriers

CFTC Adopts Comprehensive Automated Trading Rules

Posted: 24 Nov 2015 11:29 AM PST

The Commodity Futures Trading Commission targets high-frequency traders, wants more transparency

Keep on reading: CFTC Adopts Comprehensive Automated Trading Rules
at No comments:

Weekly Trading Forecast: Expect FX Volatility with NFPs, ECB and Much More Ahead

Weekly Trading Forecast: Expect FX Volatility with NFPs, ECB and Much More Ahead

Weekly Trading Forecast: Expect FX Volatility with NFPs, ECB and Much More Ahead

Posted: 27 Nov 2015 06:48 PM PST

Coming off a holiday-tempered trading week, markets will be thrown right back into a period with shocking volatility potential. With key event risk every day each week, volatility and complacency may pose a severe risk to markets.

US Rate Speculation Versus a Tumultuous World of Fundamentals

Posted: 27 Nov 2015 06:31 PM PST

The week ahead is the antithesis of what we have come to expect from December.

Batten Down the Hatches: NFPs, ECB, China’s SDR Status, Much More Ahead

Posted: 27 Nov 2015 04:43 PM PST

The coming week will prove anything but the quiet, steady bid of risk assets we have come to expect through seasonality studies of December.

Australian Dollar Faces Perfect Storm of Key Event Risk Ahead

Posted: 27 Nov 2015 04:10 PM PST

The Australian Dollar faces a perfect storm of volatility in the week ahead as high-profile event risk on the homegrown and the external fronts looms ahead.

Evaluating Existing Trades As Event Risk, Liquidity and Risk Shift

Posted: 27 Nov 2015 03:50 PM PST

Theoretically, we take trades after careful consideration and extensive analysis.

How Much Air is Left in Gold Prices?

Posted: 27 Nov 2015 03:06 PM PST

How to Avoid a Liquidity Trap

Posted: 27 Nov 2015 01:06 PM PST

As the Fed nears what many expect to be the first rate hike in nine years, we may be nearing a watershed moment. Be careful, and don’t get snared by a liquidity trap.

Gold Prices: Are You Not Entertained?

Posted: 27 Nov 2015 12:45 PM PST

Gold prices continue to drop as a December rate hike out of the Fed looks more and more likely. But how can traders sell a bleeding market?

EUR/USD Flirts with Monthly Close Under 30 Year Trendline

Posted: 27 Nov 2015 11:44 AM PST

It’ll be interesting to see if EUR/USD closes the month under the 30 year trendline. The line is at about 1.0730.

Gold Price Nears 6 Year Lows

Posted: 27 Nov 2015 11:20 AM PST

Gold prices press 6 year lows as the yellow metal broadly weakens and SSI increases to +3.0.

GBP/JPY Technical Analysis: Into the Jaws of Support

Posted: 27 Nov 2015 10:09 AM PST

Afer a strong move higher two weeks ago, GBP/JPY has been hurdling lower, but with another inflection off of support, reversal setups may become attractive.

EUR/JPY Technical Analysis: Setting Up In Front of ECB

Posted: 27 Nov 2015 09:28 AM PST

EUR/JPY has been on a magnanimous run to the down-side, but with 130 coming in again, traders should exercise caution ahead of next week's ECB meeting.

GBP/USD Technical Analysis: 1.5000 Sets the Mark, Again

Posted: 27 Nov 2015 09:00 AM PST

The British Pound Rollercoaster continues... with prices near support, traders may be able to look for a reversal going into a data-heavy week.

USD/CHF Technical Analysis: Swissy Sets New 5-year High

Posted: 27 Nov 2015 07:36 AM PST

Swissy continues to drive higher as monetary policy between the two economies appear to show further divergence.

Chinese Stocks Get Slammed as Regulators Pull Back Support

Posted: 27 Nov 2015 06:09 AM PST

The Shenzhen Composite is up by 50% since Mid-September, and regulators are rolling back emergency measures. But are markets ready?

Silver Price Eases Back on a Strong Dollar

Posted: 27 Nov 2015 05:31 AM PST

Silver prices remain bearish below last Friday's high of $14.40 and maybe pulled down by gold prices, which are flirting with last week's low.

Why The Australian Dollar Is Beating the GBP and Euro

Posted: 27 Nov 2015 04:55 AM PST

The better than expected unemployment rate suggests that markets are too gloomy on the RBA, and I expect traders to unwind their bets on RBA rate cuts if the unemployment rate holds

DAX 30 Levels to Aim Beyond Next Week’s ECB Meeting

Posted: 27 Nov 2015 03:22 AM PST

The DAX looks to finish with yet another week of gains and will most likely be supported as we head towards next Thursday's ECB meeting.

Chinese Supportive Measures Lift Copper while Soft Data Dampens Oil

Posted: 27 Nov 2015 03:09 AM PST

Oil falls on tepid China's industrial profit data, amid constant pressure from supply glut, while Copper rallies as more reports emerged that China could buy up surplus and curb short-sales
at No comments:
Subscribe to: Posts (Atom)