Thursday, January 7, 2016

China Sets New Midpoint Rate for the Yuan; Shares Trading Suspended

China Sets New Midpoint Rate for the Yuan; Shares Trading Suspended

China Sets New Midpoint Rate for the Yuan; Shares Trading Suspended

Posted: 07 Jan 2016 02:34 PM PST

The yuan was down more than 1 per cent against the dollar following the People's Bank's decision. In addition, trading on the stock exchange was suspended.

Keep on reading: China Sets New Midpoint Rate for the Yuan; Shares Trading Suspended

Morgan Stanley Continues to Shake Up FX Space With Key Departures

Posted: 07 Jan 2016 09:30 AM PST

Morgan Stanley has seen three departures from its FX unit, including Oliver Jerome, Guy Hopkins, and Giovanni Pillitteri.

Keep on reading: Morgan Stanley Continues to Shake Up FX Space With Key Departures

Sucden Financial Bolsters London Office With Multi-Product Execution Team

Posted: 07 Jan 2016 04:52 AM PST

The new Multi-Product Execution Team will be headed by Rick Brunton, who joins Sucden Financial from Jefferies Bache.

Keep on reading: Sucden Financial Bolsters London Office With Multi-Product Execution Team

ASX Rebounds With Strong Capital Gains in December 2015, Futures Improve Performance

Posted: 07 Jan 2016 04:06 AM PST

The ASX raised a total of $8.7 billion in total capital during December 2015, compared to $7.9 billion in November, or 10.1% MoM.

Keep on reading: ASX Rebounds With Strong Capital Gains in December 2015, Futures Improve Performance

Alternative Investment Aggregation: Millennium Trust Introduces New Solution

Posted: 07 Jan 2016 03:46 AM PST

With a growing array of alternative investments, a new solution emerges to help track all of these products in one interface.

Keep on reading: Alternative Investment Aggregation: Millennium Trust Introduces New Solution

Deutsche Bank Promotes Jake Gearhart to Head of Debt Syndicate – APAC

Posted: 07 Jan 2016 03:35 AM PST

In his new role, Mr. Gearhart will work in an expanded role that will encompass syndicate, fixed income, capital markets, and loans.

Keep on reading: Deutsche Bank Promotes Jake Gearhart to Head of Debt Syndicate – APAC

In FX, It Ain’t What You Know, It’s Who You Know!

Posted: 07 Jan 2016 03:33 AM PST

"..the dealing room was more like a saloon than an investment bank office..."

Keep on reading: In FX, It Ain't What You Know, It's Who You Know!

Tightening Laws around New Zealand Financial Services Providers Register

Posted: 07 Jan 2016 02:57 AM PST

The changes are likely to make the already lengthy process of registration considerably more difficult and time consuming.

Keep on reading: Tightening Laws around New Zealand Financial Services Providers Register

Bitcoin Price Reaches $450 For First Time in 2016

Posted: 07 Jan 2016 02:56 AM PST

One possible (and likely) explanation for the jump in the price of bitcoin (BTC/USD) today is the stock market crash in China.

Keep on reading: Bitcoin Price Reaches $450 For First Time in 2016

Saxo Payments Signs Deal with SafeCharge Joining Distribution Network

Posted: 07 Jan 2016 01:55 AM PST

Through its membership in the Saxo Payments Banking Circle, SafeCharge will be offering its clients bank accounts under its own brand.

Keep on reading: Saxo Payments Signs Deal with SafeCharge Joining Distribution Network

TradAir Opens New Office in Singapore to Tap Into Growing FX Market

Posted: 07 Jan 2016 12:10 AM PST

The new office in Singapore aims to tap into one of the largest FX nexuses in the world, behind London and New York.

Keep on reading: TradAir Opens New Office in Singapore to Tap Into Growing FX Market

OctaFX Joins the Metatrader 4 Webtrader Crowd

Posted: 06 Jan 2016 06:06 AM PST

OctaFX has joined the group of brokers that are signed up for the web trader version of the most popular retail trading platform

Keep on reading: OctaFX Joins the Metatrader 4 Webtrader Crowd

Saxo Bank Reports FX Trading Volumes Up MoM in December 2015

Posted: 06 Jan 2016 05:12 AM PST

In a year-to-year comparison Saxo Bank's volume numbers look much less positive, down 21% from $287 billion in December 2014.

Keep on reading: Saxo Bank Reports FX Trading Volumes Up MoM in December 2015
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